Blue Startups

Blue Startups is an accelerator founded in 2012 by Henk Rogers, Maya Rogers, and Chenoa Farnsworth. It is based in Honolulu, Hawaii, and operates as a public-private partnership funded by the State of Hawaii, Hawaii Technology Development Corporation, the Tetris Company, and private investors.

Blue Startups focuses on investing in scalable technology companies, particularly in the sectors of software, travel and tourism, and sustainability. The organization emphasizes a mentor-driven approach to acceleration, providing startups with mentorship, business expertise, product testing, peer review, pitch development, introductions to investors, and seed funding.

The accelerator program lasts 12 weeks and typically includes up to 10 companies per session, offering mentorship, business expertise, product testing, peer review, pitch development, introductions to investors, and seed funding.

<p><strong>What are the eligibility criteria for Blue Startups?</strong></p><p>Startups must be in the pre-seed or seed stage and operate within the software, travel, or sustainability sectors. Founders should demonstrate a commitment to their business and a willingness to engage with mentors.</p><p><strong>How does the application process work?</strong></p><p>Interested startups can apply through the Blue Startups website. The application process typically involves submitting a business plan and participating in interviews with the selection committee.</p><p><strong>What are the deal terms for accepted startups?</strong></p><p>Specific deal terms are not publicly disclosed, but the program typically includes seed funding and mentorship.</p><p><strong>What is the format of the program?</strong></p><p>The program lasts for 12 weeks and includes a mix of workshops, mentorship sessions, and networking opportunities. Startups also participate in product testing and receive feedback from peers and mentors.</p><p><strong>What makes Blue Startups different from other accelerators?</strong></p><p>Blue Startups focuses on diversifying Hawaii's economy by nurturing technology companies that can thrive alongside traditional industries. The mentor-driven approach provides startups with tailored support and resources.</p><p><strong>What are the success metrics for alumni?</strong></p><p>Success metrics include funding raised, growth in revenue, and successful exits. Alumni companies have demonstrated significant impacts in their respective sectors.</p>