Let's Grow Far Together
Application Closed

Long Beach Accelerator Summer 2021

Quick Pitch

Let's Grow Far Together

Application Deadline

Application Deadline

04/02/2021

Judging Deadline

04/02/2021
Admission Committee

Application Deadline

04/02/2021

Judging Deadline

04/16/2021
Founder Interviews

Application Deadline

04/02/2021

Judging Deadline

04/30/2021
Final Selection

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 growth stage/needs. 
  • Each month of the program startups will work on a specific component of the business with expert instructors, mentors and other resources.
  • 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
  • Underrepresented founders strongly encouraged to apply.

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 Summer 2021 Applicants: April 2, 2021 
  • Early bird deadline is March 19, 2021
  • Final deadline is April 2, 2021
  • Applicants are notified of admission by May 7, 2021
  • Applicants sign admissions agreement with LBA and SAFE note for investment with Sunstone Management by  June 1, 2021
  • Applicant pays non-refundable program fees in full 14 days before start date
  • Cohort start date: June 14, 2021
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