Let's Grow Far Together

Long Beach Accelerator Spring 2021

Application Closed
Quick Pitch

Let's Grow Far Together

Final Application Deadline

Application Deadline

12/15/2020

Judging Deadline

01/08/2021
Admission Committee

Application Deadline

12/15/2020

Judging Deadline

01/08/2021
Founder Interviews

Application Deadline

12/15/2020

Description

  • This 14-week program is intended to achieve maximum acceleration for YOUR company, and to that end, it will be tailored to your company, industry, and stage/needs. 
  • Each month of the program startups will work on a specific component of the business with their mentors and resources provided to them.
  • Digital resource package worth approximately $500,000 and include services such as Amazon Web Services, Airtable, Stripe, Zoom, and many more. 
  •  $75,000 to $100,000+ in capital funding in exchange for 7% equity
  • Digital native with access to prime working space in Downtown Long Beach when available

Eligibility

We are focused on industries and verticals where Long Beach has established sector ecosystems and expertise and the LBA can provide exceptional value.  To that end, applicants that fall within a competitive industry or vertical (Logistics/Supply Chain, HealthTech, GreenTech, BlueTech, Aerospace, Cybersecurity, and EdTech) will be considered with higher priority.  However, other industries and verticals will be considered on a case by case basis, as long as LBA feels there will be significant value added beyond the investment to the startup applicant.

To be considered your company must meet all the following requirements:
  • Market opportunity greater than $1BN
  • At least one founder is working on your startup full time
  • Unique defensible IP or a model that is able to build a moat are preferred
  • Status of product: at least ready to build beta, beta complete better



Process

Deadline for Spring 2021 Applicants: December 15, 2020 
  • Applicants are notified of admission by January 15, 2021
  • Applicants sign admissions agreement with LBA and SAFE note for investment with Sunstone Management by January 20, 2021
  • Applicant pays non-refundable program fees in full 14 days before start date
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