Funds $25k per team
Takes 7% equity
Funds 7 startups per year
Markets Hardware Internet of Things Mobile Software
Invests in Europe North America South America
StartFast is a mentorship-driven startup accelerator. Each year we choose 5-10 software, hardware, mobile and internet companies for an intense 3-month program in Syracuse, NY. StartFast teams receive: • $25,000 for 7% common stock on entrepreneur-friendly terms • Optional follow-on funding up to $75,000 • Over $800,000 in services and perks from partners like Amazon Web Services, Apple, Microsoft, Paypal, Rackspace hosting and many others to use in getting your start-up launched • Connections to world-class mentors • Access to technical and design talent on a full or part-time basis • Co-working facilities and basic web infrastructure services • Opportunity to present to hundreds of investors on Demo Day • Post-program support for closing funding, acquiring necessary resources, and accessing potential customers/partners/investors The Results: StartFast’s managing directors have invested in and mentored more than 37 companies, enabling them to raise over $100 million (10x the origin...
StartFast is a mentorship-driven startup accelerator. Each year we choose 5-10 software, hardware, mobile and internet companies for an intense 3-month program in Syracuse, NY. StartFast teams receive: • $25,000 for 7% common stock on entrepreneur-friendly terms • Optional follow-on funding up to $75,000 • Over $800,000 in services and perks from partners like Amazon Web Services, Apple, Microsoft, Paypal, Rackspace hosting and many others to use in getting your start-up launched • Connections to world-class mentors • Access to technical and design talent on a full or part-time basis • Co-working facilities and basic web infrastructure services • Opportunity to present to hundreds of investors on Demo Day • Post-program support for closing funding, acquiring necessary resources, and accessing potential customers/partners/investors The Results: StartFast’s managing directors have invested in and mentored more than 37 companies, enabling them to raise over $100 million (10x the original capital of our initial angel investments). To date, four of these companies have had exits. StartFast is a mentorship-driven startup accelerator designed along the TechStars model. We choose 5-7 software and internet companies for an intense 100-day program, give them capital, surround them with amazing mentors, provide space, resources and guidance culminating in Demo Day where they have the opportunity to present to hundreds of investors. StartFast Code is our code bootcamp - mentoring students to become professional web developers. See www.startfastcode.com for more information.
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Chuck Stormon Chuck Stormon, serial entrepreneur, investor.
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