The gener8tor Program
The fast, lean way to get there
Whether you have an idea scribbled on a napkin or have a strong baseline product built with customers and revenue, we’d like to talk to you!
gener8tor‘s program can carry you from the “I have a great idea” moment all the way through to helping you get financing to scale your company. Regardless of where your starting point is or how evolved your company may be we can help. We have companies with ideas on napkins to revenue producing entities applying and accepted into our program.
We conduct ourselves with efficiency and speed in mind at every step. The entire process is designed to help figure out if the public (customer) agrees that the idea is good and solves a real problem. Ultimately, the market has to adopt your product/service. Following lean startup methodology, startups are encouraged to “build, measure, learn” as quickly as possible. We look for the best people that have the ability to turn ideas into companies. We’ll provide you with capital, office space and surround you with fellow entrepreneurs, mentors, industry experts, service providers and anyone else you need to get off the ground and grow. This happens during an intense gener8tor-funded, high-energy 12-week curriculum.
Companies accepted into the gener8tor program receive a 12-week mentor-driven bootcamp experience and $20,000 cash in exchange for 6-9% equity. This includes hands-on support from a variety of people with a common goal; to help you make your business growth-ready.
In addition, because gener8tor is a member of the Global Accelerator Network (GAN, at http://gan.co), we can offer a nice suite of benefits that really help startups get off the ground. We are able to provide founders with the best resources to build their companies and take advantage of huge perks from GAN sponsors like Microsoft, SoftLayer, and RackSpace.
Perks include;
$60,000 in Microsoft Azure Credits
$12,000 in SoftLayer Hosting Services
$10,000 in PayPal Transaction Credits
$6,000 in Rackspace Hosting Credits
$5,000 in Public Relations Support from the Metzger PR Firm
$3,000 in Human Resources Support from Premier Employer Services
$1,000 in Amazon Web Services Credits
Launch Day
Every company that successfully works through the program participates in the gener8tor Launch Day. This is the culmination of the hard work done in the 12-week boot camp. By the time you’ve completed our program you’ll be ready to pitch your business to a group of investors. We help you to be fully prepared for this important event by assembling a group of business people, supporters, press and serious investors interested in supporting the efforts of startups. Each company will have a slot to present, and past events have been very well received.
Continuing support
After a company makes it through the gener8tor program and the business model has been validated, it’s time to grow. We offer a greater level of investment financially to all our graduates typically an additional $25,000. The companies build on the foundation they created and gener8tor offers continued support and engagement for the next steps.
Benefits include further gener8tor funding, continued use of gener8tor’s office space, resources, mentors, support staff, etc. and an opportunity to take your new company to the next level. Since our incentives for success and growth are aligned, we’ll do our best to help make sure you get the follow-on funding, support and resources you need.
We’re in it with you.