Sun. Oct 1st, 2023

Apply to Y Combinator program

Y Combinator is now open to apply for the YC program. The program is held twice a year for three months at a time, from January to March and from June to August. The main objective of YC is to assist startups in making significant progress. Regardless of where a startup is at in its development, YC strives to help them become much more successful within three months. This generally translates to improving the product and gaining more users, as well as increasing funding opportunities. All startups, regardless of their stage of development, benefit from the intensive and highly motivated environment of YC. Further, for three months, everyone is focused solely on startups, and the program provides an atmosphere that encourages extraordinary motivation, which is necessary to overcome the challenges of starting a business.

Apply before: April 7, 2023

Eligibility

You must have at least 10% equity in the startup to be eligible. To know more

Benefits

YC invests $500,000 in every company on standard terms which are made on 2 separate safes:

  • $125,000 on a post-money safe in return for 7% of your company (the “$125k safe”)
  • $375,000 on an uncapped safe with a Most Favored Nation (“MFN”) provision (the “MFN safe”)

Read About Business Ideas for 2022

Application Process

  • They will invite teams for interviews on a rolling basis. If you submit your application by the deadline, They will contact you with a decision by May 26th.
  • They will conduct video interviews from April to early June.

To apply for Y Combinator, you need to submit your application online. Early submissions have a slight advantage as they have more time to review applications. However, you can still submit your application after the deadline. Just be aware that if you apply late, it may take  several weeks to get back to you with a decision.

If you want apply click here

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SOURCE https://startupxs.com/fund/apply-to-y-combinator-2023/

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