Starting on June 1, 2018, up to 10 companies will join an 11-week mentor-driven accelerator receiving seed funding, housing, hands-on mentorship and world-class leadership development. Oh, and did we mention that it all happens in Colorado, USA?
What do we give and what do we get?
XI participants will receive up to $30,000 (and maybe more) plus our startup programs, network of mentors, exposure to investors, exclusive founder discounts and perks, demo day and access to a vast alumni network of XI and other accelerators. All this in exchange for 4-7% equity.*
These are our standard parameters but keep in mind — at XI we are mentors, but we’re also entrepreneurs ourselves. That means we’re willing to consider the stage of your company, the potential impact of your idea and composition of your team as we determine exact deal structure. Our investment could exceed 30K and our % equity is negotiable, too. So, bring us your A-game and let’s see what happens!
*Exponential Impact is a non-profit organization and does not invest in or the equity from it’s cohort companies. The cohort seed fund is both provided by and managed by XI Venture Fund. The XI Venture Fund is a social enterprise committed to the success of Exponential Impact and will donate a percentage of the carry to Exponential Impact to support longterm operations.
