Early Application Deadline: 23 December 2012
Application Deadline: 9 January 2013
Interviews: 1 January 2013 thru 25 January 2013
Decision Date: 28 January 2013
Arrival in Memphis: 8 February 2013
Program Start: 9 February 2013
Investor Day: 16 May 2013
Program Resumes for Those Fundraising: 20 May 2013
Startup Wake: 15 August 2013
Seed Hatchery is a mentorship-driven seed accelerator. We support emerging technology entrepreneurs with $15,000 in capital, strategic mentors, and a host of other support to mould them and their ideas into strong startups. In return for this investment, Seed Hatchery receives a 6% ownership stake in the Common Stock of the company.
Utilizing a cohort system, Seed Hatchery will invest in a group of 6 or more startups and drive them with a 90 day program of business advice and technical assistance to refine the product or service, strengthen the business model, form the operations, begin marketing efforts and determine market viability of the business. After the bootcamp, our teams pitch for a follow-on round of capital and continue working with us for at least another 3 months to move their startup ahead.
Our mentors are entrepreneurs and business leaders who have successfully launched or built a vast array of businesses, products, and services. The mentors collaborate with the startups to develop strategies, plans and launch activities. The goal is to provide aspiring entrepreneurs with proven expertise to quickly build traction and move the business toward the next phases of success.
How We Invest
While there is no set criteria for the type of idea we will select, we admit that our level of funding is usually most suitable for technology-based products and services. We have an open call for applications. When the application period is over we select startups for admission to our program and make investments of capital and mentorship. If you have the right idea and the passion to see it launch, we invite you to submit your application.
On top of the investments of mentorship and capital, Seed Hatchery built partnerships with other supportive organizations to offer important business services. These resources help you stay focused on shaping your company instead of figuring out administrative, legal and financial details.