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In Europe, the first accelerator program was started by Accelerace in 2009 in Denmark (strongly subsidised by the Danish government) followed shortly after by Startup Wise Guys in 2012 in Estonia. With the growing popularity of seed accelerator programs in the US, Europe has seen an increase in accelerators to support a growing startup ecosystem.
The term seed suggests that this is a very early investment, meant to support the business until it can generate cash of its own (see cash flow), or until it is ready for further investments. Seed money options include friends and family funding, seed venture capital funds, angel funding , and crowdfunding .
Additionally, the program allocates $300 million in loans and grants to small businesses. [6] [7] As of September 2013, small business owners in all 50 states can apply to the program through an online curriculum or at one of 13 community college sites. [8]
Rainmaker has raised $6.3 million for its seed round, the company announced today. The group of investors include Long Journey Ventures, Day One Ventures, Tamarack Global, 1517 Fund, Starship VC ...
The two cofounded their startup, Reactiv, last year and were candid about the process of raising money. It was hard, they said—day after day, pitch after pitch.
Y Combinator interviews and selects two batches of companies per year. The companies receive a total of $500,000 in seed money as well as advice and connections. The $500,000 in funding is made up of $125,000 on a post-money SAFE in return for 7% equity and $375,000 on an uncapped SAFE with a "most favored nation" ("MFN") provision (i.e.: "we get the same best terms you give anyone else in the ...
The Oklahoma Opioid Abatement Board awarded $11 million in grants for many Oklahoma counties, cities, schools and more to fight opioid abuse
In 2010, the SBIR program across 11 federal agencies provided over $2 Billion in grants and contracts to small U.S. businesses for research in innovation leading to commercialization. As of February 2018, SBIR programs are in place at the following agencies: [5] Department of Agriculture (National Institute of Food and Agriculture) [6]
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