Apply to 5starts
For more information on the 5starts incubator, please refer to 5starts.io
Company name:
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Company url, if any:
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If you have an online demo, what's the url?
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Describe your company in 140 characters or less.
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What is your company making / going to make?
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What space are you in?
Which of the following best describes the phase you are in?
Where do you live now? If applicable: are you willing to move to Vienna for the duration of the program?
Your answer
Team
Please provide us with full names and email addresses for each founder in the startup, including yourself.
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Have you and the other founders worked together on projects before? If so, which?
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Why did you start this company? What excites you about it?
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How are the responsibilities shared among the founders?
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Market
Describe the problem you are solving. Who are your prospective customers (B2C, B2B, enterprise?) solving that problem today?
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What steps have you taken to validate the market? How do you know people need what you're making?
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Do you have domain expertise in this area? Alternatively, does someone in the team?
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Who are your competitors, and who might become competitors?
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What do you understand about your business that your competitors just don't get?
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How will you get users / customers?
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Finances
How much of your own capital have you put in your company? Are you bootstrapping?
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How do or will you make money with your startup? How much could you make? We realize you can't know precisely, just give us a ballpark number.
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If you have already participated or committed to participate in an incubator, accelerator or similar program, please tell us about it
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Legal
Have you incorporated, or formed any legal entity yet?
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Are any of the founders covered by noncompetes or intellectual property agreements that overlap with your project? If so, please explain.
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Was any of your code written by someone who is not one of your founders? If so, describe how can you legally use it.
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Is there anything else we should know about your company? Pending lawsuits, cofounders who have left, etc.
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5starts
What do you reckon your strong suits are?
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What resources do you lack?
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What in your opinion are your challenges?
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What is on your immediate roadmap?
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What do you expect from the 5starts incubator?
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What convinced you to apply to 5starts?
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How did you hear about 5starts?
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