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1991 Accelerator
1991 Accelerator is a venture capital fund and accelerator based in London, focusing on early-stage startups from Central and Eastern Europe, particularly Ukraine. It supports founders through funding and high-intensity programs.
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Official links
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Overview
1991 Accelerator is a venture capital fund and accelerator based in London, founded in 2016. It focuses on supporting early-stage startup founders from Central and Eastern Europe (CEE) and Ukraine. The organization aims to help these founders fulfill their potential through growth and funding opportunities.
Focus
1991 Accelerator invests in mission-driven founders from CEE and Ukraine, providing pre-seed and seed funding of up to £400,000. The accelerator offers high-intensity programs, mentorship, and direct access to capital to assist startups in turning ideas and early-stage products into successful businesses.
Support
The program offers mentorship, direct access to capital, and a high-intensity accelerator experience to help startups grow and succeed.
Questions
What are the eligibility criteria for the 1991 Accelerator?
Startups must be in the pre-seed or seed stage and have a mission-driven focus. Founders should ideally be from Central and Eastern Europe or Ukraine.
How does the application process work?
Interested startups can apply through the official website at 1991.vc. The application typically requires a pitch deck and information about the founding team and business model.
What are the deal terms offered by the accelerator?
1991 Accelerator offers funding ranging from $25,000 to $100,000, with a maximum investment of £400,000. Specific equity percentages are not disclosed.
What is the format of the program?
The program lasts for 12 weeks and is primarily in-person, featuring mentorship, workshops, and networking opportunities.
What makes 1991 Accelerator different from other accelerators?
The accelerator focuses specifically on mission-driven startups from CEE and Ukraine, providing tailored support and access to capital in a challenging environment.
What are the success metrics for alumni?
Alumni have collectively raised over $50 million, showcasing the effectiveness of the accelerator's support in helping startups scale and succeed.
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