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Stanford Angels & Entrepreneurs Happy Hour 3/7/23

Apply Now to the Long Beach Startup Accelerator's 6th Cohort

Apply to Join the Long Beach Accelerator

The Long Beach Accelerator has just announced a five-year renewal of their partnership with Sunstone Management! Long Beach Accelerator's 6th Cohort

LBA Cohorts receive increased investment of $150,000 for 7% equity to support their companies growth and expansion. The Long Beach Accelerator has graduated 29 cohort companies, 5 of which have received acquisition offers, and collectively raised over $17M in capital and earned over $4M in revenue since February 2021. Interested companies should apply to join the Long Beach Accelerator’s Summer 2023 Cohort.

Eligibility

They are focused on industries and verticals where Long Beach has established sector ecosystems and expertise and the LBA can provide exceptional value. To that end, applicants that fall within a competitive industry or vertical (Logistics/Supply Chain, HealthTech, GreenTech, BlueTech, Aerospace, Cybersecurity, and EdTech) will be considered with higher priority. However, other industries and verticals will be considered on a case by case basis, as long as LBA feels there will be significant value added beyond the investment to the startup applicant.

To be considered your company must meet all the following requirements:

  • Market opportunity greater than $1BN
  • At least one founder is working on your startup full time
  • Unique defensible IP or a model that is able to build a moat are preferred
  • Status of product: at least ready to build beta, beta complete better
  • US Incorporated startups

Deadline for Summer 2023 Applicants:

  • Final deadline is March 5, 2023.
  • Applicants are notified of admission by April 2023.
  • Applicants sign participant agreement with LBA and SAFE note for investment with Sunstone Management by May 17, 2023.
  • Applicant pays non-refundable program fees in full 14 days before start date
  • Cohort start date: August 2023.

Click here to apply.

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