Each startup that enters the program will work with the company advisors and other professionals from the Bounce network to build a software product and start iterating with early customers. Additionally, each company will exit the program with a solid pitch deck and financial model, and gain exposure to the essentials of business model design, startup growth management, go-to-market strategy, and fundraising.
The program is an intense, hands-on experience where startups learn the repeatable process of iterating a product; a process that can be used after completion of the program as the startups progress towards significant traction in the market.
Requirements* Must have an initial understanding of the market and target customer* Must have a technical co-founder or other means to build a software MVP
Duration* 16 Weeks, Jul 15 - Nov 1 (2019)* Full-time startups preferred with a minimum commitment of ~20-40 hours/week* Mentorship-driven accelerator; Intensive weekly programming including, workshops, presentations, and mentorship
Equity & Investment* Zero equity exchange to join the program; $300 facilities fee per team* Up to $40K equity investment for select startups
Program Outcomes* Problem-solution fit with a validated market and customer* Completed MVP and feedback from early customers* A learned process of how to iterate a software MVP with customers that can be repeated after the program ends