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Participation in startup events. Of course, companies receive extensive networking and attention from investors following the demo day. Marketing, sales and business development specialists, UX specialists and others work with projects on an ongoing basis.

In addition, companies receive 20 thousand on the account and partner programs from Amazon, IBM, SendGrid, etc. for more than 50 thousand. We, as an accelerator, receive 7% in the company participating in the program for this. In addition, we invest up to 200 thousand dollars in companies that have shown good results during acceleration. For this, we have a separate follow-on fund.

— And how many people want to give 7% to participate in the kuwait mobile phone numbers database program? As I understand, you are currently recruiting for the fall.
There are many applicants, we have a difficult choice ahead. Most of the applications are from Eastern Europe: Lithuania, Ukraine, Belarus, Poland, Romania. About half of them are from Russia. There are applications from the USA, England, Brazil. But I cannot say that all of them are high-class. Probably, as in the market as a whole - those who are able to go to a second interview and a thorough review on our part - no more than 3-5%. We will complete the selection by the end of June.

— What questions do companies applying for acceleration most often ask and what are your answers to them?
The most common question is whether they will find mentors in their field. We cannot search for and sell company ideas to mentors ourselves. But we tell you how to do it. Attracting a professional as a mentor, getting him interested is no less a difficult process than attracting investments or making the first sales. Only the founders of the companies themselves can do this. We will certainly help you find contacts, recommendations, develop tactics and an approach to communication.

Another question that is often asked is why there is so little cash for 7%. The total cost of the program is over 130 thousand dollars. If you calculate the direct costs of what the company receives in 3.5 months, then it is worth talking about dumping on our part.

Also, let's calculate how much money or % in companies and time it will cost you to get what you get for 7% and 3.5 months.

Let's imagine that you have a company that fits our criteria (MVP, traction, etc.). You decided to enter the US market. As a rule, it takes at least a year to find an investor (in your country) who will believe in the possibilities in America. You give up 15-25% of the company for 300-700 thousand dollars of investment for expansion.