For Startups
WHERE DO I APPLY?
You can apply here: www.f6s.com/hopeaccelerated/apply
IS THERE A COST OF APPLICATION?
No, there is no cost.
CAN I PITCH AN IDEA FOR A STARTUP I HAVEN'T STARTED YET?
Ideally we would like you to have a business plan, an MVP and some traction to start with.
AM I LOCKED INTO ANY CONTRACTS?
Yes. If you are accepted into Hope Accelerated DAO you will be required to sign on a contract in accordance with our basic terms of service.
WILL I BE REQUIRED TO GIVE AWAY EQUITY?
The answer is yes, 10% which is in the normal range for Accelerators.
Hope Accelerated DAO also monetizes itself by receiving a small portion of the tokens from each project it helps launch in compensation for the seed investment and program. The majority of proceeds will be used to replenish and grow the seed funding wallet to fund future program applicants, with the remainder remaining with operating company to continue to scale internationally and to launch strategic and parallel business lines in the near future.
WHAT IS THE MAXIMUM FUNDING Hope Accelerated CAN PROVIDE?
Hope Accelerated provides a base funding amount of €25,000, and will help cover additional reasonable expenses which is evaluated on a case-by- case basis usually around EUR 100,000 with soft limit of EUR 300,000. Additional funding provided by Hope Accelerated will result in a higher percentage of token remuneration after a successful STO launch.
DOES MY STARTUP HAVE TO BE IN A SPECIFIC DOMAIN?
No. You can apply as long as you have a great idea and a business that can be tokenized.
IS MY APPLICATION CONFIDENTIAL?
Yes. Only the Hope Accelerated DAO core team and potential mentors have access to your information. We do not intend to share the information with a third party.
WILL MY STARTUP TEAM HAVE TO MOVE TO BUDAPEST?
No. You might be asked to come to Berlin for certain parts of the program but you can operate from where you are and our expert mentors shall travel to work with you. We have a startup first culture!
WHAT IS AN AVERAGE TIME PERIOD OF INCUBATION?
The average accelerator batch lasts 12 weeks until a Pre-sale is launched. Hope Accelerated DAO will continue to service the company through its public DAO NFT, and provide ongoing support Post-DAO NFT.
WHAT IS THE MAXIMUM FUNDING Hope Accelerated DAO CAN PROVIDE?
Hope Accelerated DAO provides a base funding amount of €25,000, and will help cover additional reasonable expenses which is evaluated on a case-by- case basis usually around EUR 100,000 with soft limit of EUR 300,000. Additional funding provided by Hope Accelerated DAO will result in a higher percentage of token remuneration after a successful DAO NFT launch.
CAN I BECOME A MENTOR AFTER I GRADUATE FROM THE ACCELERATOR PROGRAM FOR FUTURE STARTUPS?
Absolutely! We encourage all community members with valuable crypto experience to mentor program startups.
DOES THE STARTUP HAVE TO BE REGISTERED IN EUROPE TO BE A PART OF THE ACCELERATOR PROGRAM?
No. We source worldwide and the companies can be registered worldwide.