Boomtown Accelerator Application

Startup Accelerator in Boulder, Colorado + Atlanta, Georgia

Connect by Dec 15 '18

Feb 25-May 17 '19 (12 weeks)

2060 Broadway St., B1

Boulder, US

Boomtown supports great people in building great companies, with bespoke accelerators that help startups turn ideas into profitable, sustainable businesses. Boomtown invests in 16 industries and 34 teBoomtown supports great people in building great companies, with bespoke accelerators that help startups turn ideas into profitable, sustainable businesses. Boomtown invests in 16 industries and 34 technologies, customizing programs for each company's needs. Twice a year we recruit early-stage startups, and over the course of 12 weeks, we teach them how to turn their ideas into profitable, scalable businesses. Founders get $20K in seed funding, $1.7MM+ in discounts and perks, personalized curriculum, strategic staff support, a bomb-proof Demo Day pitch, office space and amenities, expert mentors, alumni connections, and exposure to potential customers and funding. more

Funds ^$20K per team

Takes 6% equity

Funds 30 startups per year

Saving

********This application can also be found at www.boomtownaccelerators.com/apply/ We prefer you fill it out on our site, but if you apply here it will be considered also.

ABOUT BOOMTOWN Boomtown is a Boulder, Colorado, USA based 12-week startup accelerator program working with a selected group of promising startups to optimize, revolutionize, and accelerate their development and growth by combining a robust and customized educational curriculum, hands-on mentor network, extensive industry connections, and the hottest Demo Day in Boulder. Boomtown gives $20k + our entire program, mentor network, investor exposure, $1.7MM+ in discounts and perks, demo day, and alumni status in exchange for 6% common stock equity - this doesn't count as a funding round and thus doesn't affect your valuation at all. The cash is merely a token amount to smooth your way as you go through the program. == This form covers: - Boomtown Boulder (GT) - Boomtown Boulder HealthTech (HT) - Boomtown Hardware & Connectivity (HW) Admission is on a rolling basis - the sooner you submit your application, the better. Thank you for applying to Boomtown Accelerator! Instead of this application, please apply at boomtownaccelerators.com/apply Please have EACH founder fill out the questions marked as individual questions (they will each have to create an account). Please make sure your account information is up-to-date and correct. We look forward to reading your application. If you have any questions feel free to reach out at Apply@BoomtownBoulder.com More information on our program, application process, benefits, and other programs we run is available at boomtownaccelerators.com/faq

To which program are you applying?

About You

First Name
Last Name
Email
Phone Number
School, degree, major, year of graduation, and your role in the company Comma-separated
Please provide link to personal LinkedIn profile and any other social media presence you would care to share (github, etc):
Describe previous startups you have worked on.
Do you have any additional commitments (school, job, etc) during the 12 week program, and beyond? If so, what are they?

Your Team

How many founders are in your company?
How many coders/engineers are on your team?
Provide a 1 minute video (max) introducing the founders, and what your company does. This video is informal, it can simply be a video recorded on your laptop, with your founders in the frame. Please submit the video as a YouTube link, and make sure it is not private (you can make it non-public/ unlisted, and embedable). We will not evaluate the production quality, so no need to go overboard. Longer videos that 1 minute will NOT be watched.
Paste YouTube or Vimeo URL Link (ex. www.youtube.com/foo)
Not including the founders, how many additional employees do you have? Please list the LinkedIn profile links for your employees and how they contribute to the team.
How long have the founders known one another and how did you meet? Have any of the founders not met in person?
Please list the percent of the company you have given to (or plan to give) each founder/ employee, and anyone else you plan to give stock to (It's important to discuss this early on).
Why do you think this is the right team to build this company? What do you understand about your business that other companies in your space don't?
If we fund you, how many founders will be able to move to Boulder, CO, where Boomtown operates, for the entire 12 weeks of the program? Boomtown requires at least two founders be able to attend the entirety of our 12 week program in Boulder, Colorado. Additional core team members and employees are fine as well, and it's even ok for you to rotate in additional team members as their roles warrant.
If all the founders cannot physically attend for the 12 weeks, please explain, then list who specifically (including non-founders) would be coming here in person for the duration of the program.

Your company

What your company does - one liner. Keep it short and to the point.
Value Proposition Please keep this short, in the form of a value proposition statement. The general format should be: For (the target customer) Who (specific needs, demands, buying criteria, etc) We provide (solution name / brand description) That (specifies benefits and business values to clients) Unlike (the competition) Who (provide solutions, features, functions, benefits). Our company (better approach, solution, functions, benefits) That (offers a better customer experience).
How far along are you with your product? How many lines of code have you written? Do you have a beta yet? Have you launched? If no for either, when will you?
Describe your target customer.
How many users do you have? What is your monthly growth rate (in users or revenue or both)? Turnover rate?
How long will it take until you have your first paying customer? What roadblocks do you have to overcome to get there? If you already have revenue, how much?
Who are your competitors, and who might become competitors? Who do you fear most? Please provide differentiators and URLs for each where possible.
Are you incorporated? What kind of structure (LLC, C-corp, etc)? Where are you incorporated (Delaware, etc) If you haven't yet, that's completely fine. We'll provide you with all you need to get your company set up.
How big is the market opportunity for your product/service? Please provide supporting data.
Was any of your code written by someone who is not one of your founders? If so, how can you safely use it? (Open source is ok)
What milestones do you hope to achieve during your 12-week Boomtown experience? What do you hope to get out of the program?
Do you have patents or IP protection over any of what you have built? If so, please elaborate.
What is the long-term vision of your company?
Have you taken any outside investment? If so, how much?
Anything else you would like us to know? You may use this space to provide a demo video of your product or let us know of anything that you think you did not share yet on this application that would help us make a decision on your company.
How did you hear about Boomtown? F6S message? Email? Found us on your own? Through a recommendation? Networking? Something else?

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