Hello Applicant!

We're excited that you're considering joining Speed’s startup acceleration program!

Before you begin, please visit our site to get informed about the offering (process, perks, and opportunities) and the application timeline.


This is an open application; you can apply at your convenience. But if you wish to join our next cycle, make sure to apply before March 22, 2019!


About You
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General
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What statement best describes the stage you are at?*

If you are applying to other accelerators, please specifiy which ones.

Note: Your answer will not affect our selection process.

How did you hear about Speed@BDD?*

Team
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Link to video (Youtube, Vimeo, Dropbox, etc.) introducing the founders and the startup (1.5 minutes max).

Link to video:

- Don’t stress about it!

- Just be yourself and help us put a face to the name. Feel free to make it fun!

Fill the below for each owner and/or investor and/or employee*

In case of investors, please indicate the amount invested. Investors can be family members, friends, angels or venture capital funds.
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Is each founder willing to commit full-time for the 3-month acceleration program? If not, please explain.*

What is the level of commitment of each founder after the acceleration period? Any other plans (e.g., going back to school, taking a full-time job)?*

Please share an achievement for each founder apart from the startup itself.*

Share an achievement:

- What is something you have achieved that you are proud of?

How was your team formed? Tell us the story.*

Product
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Describe your idea in one sentence.*

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Describe your idea in one sentence:

- Find some guidance on crafting at this link.

Elaborate on your idea: What is the problem? How do people deal with it today?*

Elaborate on your idea: Describe your solution and walk us through the customer journey.*

What specific expertise does your team have relevant to the startup?*

How large (in dollar value) is the market for your startup? Please explain.*

Market question:

- What is the total amount of money that customers (people or businesses) spend on products or services like yours?

- Don’t stress about it, we are looking for a quick estimate! Do some online research and quick “back-of-the-envelope” calculations to come up with a number.

- Find a bit more guidance here.

Who are your direct and indirect competitors?

What are the key differentiating factors of your startup? (Competitive advantage)*

What is your revenue model?

Do you curently have customers and have you generated any revenue?*

Revenue model:

- How do you make money?

- It’s ok not to have a clear revenue model in the early stages of a startup. A general assumption that can be later validated or changed is fine.

- Examples of common revenue models are found at this link.