Applications are now open for Cohort #2 and will close on August 14th 2017.
However, this time, once Betatron has found their chosen startups, we will close applications.
Betatron will be reviewing applications on a rolling basis and interviewing applicants weekly.
This means, the sooner you apply, the better your chances of getting accepted!
Vertical & Industry
Betatron will remain vertical and industry agnostic.
The objective will remain to optimize the startups’ business model, position them to scale, and then help them raise their first institutional investment round.
Cohort #1 was focused on Hong Kong-based startups. However, cohort #2 will accept startups from Hong Kong and overseas.
The size of the cohort will increase for batch #2, as this time TEN startups will be accepted into the program.
The format of the program will remain the same as cohort #1. Each startup will be assigned a lead mentor from one of Betatron’s partners who will work intensely with their startup founders.
Based on the needs of each startup, mentors from different industry segments and specialities will be plugged into each startup to help optimize the business.
Each startup will receive US$30,000 funding via a SAFE (Simple Agreement for Future Equity) note. Each startup will also be provided free coworking space at the Betatron Lab.
The accelerator program will last for four months and will start on September 18th, 2017 and end with Demo Day on January 25th, 2018.
“We’re excited to officially announce that cohort #2 is open for applications after the success of cohort #1. This time, it’s going to be even bigger and better than before, as we’ll be accepting ten startups and opening the up opportunity for overseas-based startups to apply. The application process will also change, too. This time, the earlier you apply, the better your chances of being accepted, as once we find the ten startups, we’ll close applications.