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434 Catalyst Accelerator

WE ACCELERATE

Description

Startups apply via an online form detailing their technology, team, and market potential. 434 is a "hometown" accelerator that prioritizes high-potential companies where core team members already live and work in or around Charlottesville.

Eligibility

  • Location: Primarily for startups based in the Charlottesville/Central Virginia area.
  • Sector: Technology-driven businesses in software, hardware, materials science, or biomedical applications.
  • Development Stage: Must have a functional product beyond the pre-MVP stage (exceptions are made for high-tech or biotech projects with long regulatory paths). 

Process

  • Long-Format Support: Unlike typical 3-month programs, 434 provides support for at least nine months, typically running from September through May.
  • Active Programming: Includes monthly dinners, workshops, check-ins, and bespoke guidance from domain experts.
  • Mentorship: Each team is matched with one or more local founders or experts to ground them in the regional ecosystem.

What an Applicant can Obtain

  • Grant Funding: Opportunity to apply for up to $20,000 in grant funding.
  • In-Kind Resources: Access to over $50,000 in additional technical and business resources.
  • Workspace: Free dedicated co-working space on Charlottesville's Downtown Mall.
  • Talent: Support for securing student projects or interns.