Entrepreneurs Roundtable Accelerator (ERA) companies are technology companies or companies with a significant technology component since those are the companies they can help the most. They look for companies best able to take full advantage of the New York City opportunity as a starting point to successfully enter the market for their product, service, or application.
The Entrepreneurs Roundtable Accelerator (ERA) runs two four-month programs per year, starting in January and June. ERA gives you a chance to grow your business with the help of their operating partners and mentors. Of course, all this support can’t make your company successful; that’s your job. But they are with you every step of the way, aligning you with their dream team of experts to help with your many challenges–product, functional or industry-related.
They have assembled the most experienced group of entrepreneurial experts in NYC, all of whom are on deck to help solve every operating and strategic problem startups encounter. ERA’s partners are committed, passionate members of the New York tech community. As entrepreneurs with decades of experience in business, technology, and early-stage venture capital, they have successfully founded, built, run, sold, and financed businesses.
They invest $100,000 in each company selected. The amount per founder does not vary; they invest in the company directly, and the founders decide how to use the funds. In exchange, they receive 8% common stock in your company. It aligns them with the same economics that you, as founders, have.
In addition to this financial investment, their companies are immersed in their mentor-driven program. They also provide four months’ free office space, free hosting credits with several major cloud providers, legal, finance, accounting, and other business services.
See also: Black Founder Startup Grant: Empowering Female Entrepreneurs.
Eligibility For The Entrepreneurs Roundtable Accelerator
For technical cofounders (While Entrepreneurs Roundtable Accelerator doesn’t require startups to have engineering founders), they are looking for companies that can make substantial progress on their product during their four-month program. In addition, companies with at least one technical cofounder are better able to implement at least some product changes and improvements without hiring additional resources.
See also: RISE Fellowship Program 2021: Funding For Female Entrepreneurs.
What You Will Benefit From The Entrepreneurs Roundtable Accelerator
- Investment of $100,000 with 8% common stock in your company.
- Get mentor-driven program.
- Four months’ free office space.
- Free hosting credits with several major cloud providers.
- Finance, accounting.
- Other business services.
They accept applications twice a year.
How To Apply
Visit their website to know more and apply.
Want to start a business and do not know how to start? Visit our resource centre to get our business guides to help you start, market and grow a sustainable business.