US-based innovation program helping growth stage companies expand globally and increase revenue and funding opportunities
Startupbootcamp, the leading global network of industry-focused accelerators, today announces the launch of its second Startupbootcamp Scale program in San Francisco. This innovation program will support growth-stage startups looking to expand their businesses globally and increase revenue and funding opportunities.
One month after the successful launch of the first Startupbootcamp Scale program in Mexico City, Startupbootcamp adds San Francisco to its global family of innovation programs. The San Francisco program will target growth-stage technology-based startups across a wide range of industries, including Digital Health, Big Data & Analytics, AI & Machine Learning, IoT & Connectivity, Travel & Logistics, FinTech and many others.
Startupbootcamp Scale San Francisco is backed by key players including StartersHub, a leading early-stage technology seed fund, and Starcamp, a consortium of five prestigious universities with cross-border mentor and investor network located in the heart of Silicon Valley. Eight companies will be invited to join the program and benefit from deep networking access to the Bay Area mentors, investors, and corporate partners. In addition to targeted mentoring, the 6 month program will include a variety of workshops such as skill building masterclasses and business development showcases.
The program will:
• Facilitate collaboration with corporate partners in developing tools for selected startups to scale-up quickly in the Bay Area and broader US, and then develop businesses in existing markets
• Invite companies to be on-site over a period of six months for various activities, including workshops and masterclasses; mentor meetings; strategic partnership support and networking events
• Participating companies will be asked for up to 5% equity in exchange for joining the program and the initial $40,000 investment. Additional to in-cash support, program partners provide perks and discounts in the value of $250,000
• Co-invest up to $250,000 in participating companies together with StartersHub among other investors
Cigdem Toraman, Managing Director, Startupbootcamp Scale San Francisco, said: “I have been running Startupbootcamp programs for over three years. During this time, I had the unique opportunity to interact with thousands of startup founders and to realize their need for ongoing support when taking their companies global. We must ensure these companies are fully-equipped for scaling up, and this scale program ensures they will be.”
“We have also observed startups that expand to the US, specifically to San Francisco, often grow faster, quickly reach high valuations, and are able to raise more funding. This is why Startupbootcamp joined forces with Starcamp and StartersHub to launch the Scale San Francisco program. This partnership will be recognised as “3S Landing Pad” supporting the most promising post-revenue technology startups from all over the world.”
Andy Shannon, Head of Global at Startupbootcamp, said: With so many international programs under our belt, we’ve seen many of our over 600 alumni targeting the US to grow their business and secure investment. No other startup ecosystem offer as much global exposure to startups as the Bay Area. With extraordinary industry partners and such a large community of alumni ready to take their businesses to the next level, it was a no brainer that Startupbootcamp officially launched its second Scale program in San Francisco.
Applications for opens today; interested startups can apply here
Contact Cigdem Toraman via firstname.lastname@example.org for more information on how to get involved with Startupbootcamp Scale San Francisco.