AcceleratorEntrepreneurs Roundtable Accelerator (ERA) is a technology accelerator based in New York City that supports early-stage startups through structured…
Awesome Inc
Awesome Inc is a startup accelerator and venture funding resource located in Lexington, Kentucky. Founded in 2009, it supports high-tech startups…
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Overview
Awesome Inc was founded in 2009 and is based in Lexington, Kentucky. The organization focuses on creating and growing high-tech startups by hosting community events, leading technology education courses, and providing a shared workspace environment.
Focus
Awesome Inc invests in technology startups primarily in and near Kentucky. They offer a range of services including a startup accelerator program, a pre-seed and seed stage fund called the Awesome Fund, and various educational programs aimed at teaching coding and entrepreneurship.
Support
Awesome Inc offers mentorship, a shared workspace, access to a network of over 85 mentors, and various support services for startups, including design, video, development, legal, and accounting assistance.
Questions
What are the eligibility criteria for Awesome Inc?
Startups must be in the technology sector and at the pre-seed or seed stage. They should be based in or near Kentucky to align with the accelerator's geographic focus.
How does the application process work?
Founders can apply through the Awesome Inc website. The application typically requires a business plan, pitch deck, and information about the founding team.
What are the deal terms for funding?
Awesome Inc offers investments up to $5 million, with equity stakes negotiated based on the startup's valuation and needs.
What is the format of the program?
The program includes a mix of in-person and virtual sessions, with regular mentorship meetings and community events to enhance networking opportunities.
What makes Awesome Inc different from other accelerators?
Awesome Inc emphasizes community engagement and education, providing not only funding but also a supportive environment for learning and growth.
What metrics do they use to measure success?
Success is measured by the growth of portfolio companies, funding raised post-acceleration, and the impact on the local entrepreneurial ecosystem.
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