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Sputnik ATX VC

Business Support

Open

About

Sputnik ATX offers an intensive three-month startup program in downtown Austin, TX, providing successful applicants with start-up training, mentorship, and support. Each team receives office space for up to four members, and participants will have the opportunity to pitch to a select group of VCs for potential follow-on funding upon completion. Program Highlights: Location Requirement: Selected companies must be based in Austin, TX, or within 300 miles for the program's duration. Investment Opportunity: Each accepted startup receives a $100,000 investment via a SAFE note, with potential for an additional $400,000. Our SAFE note simplifies the investment process, allowing founders to focus on building their business. Ideal Candidates: Sputnik ATX supports companies across various industries with an MVP and at least one customer. Exclusions include weapons, alcohol, recreational drugs, adult content, real estate, MLMs, franchises, and restaurants.

Eligibility

  • Startups with an MVP and at least one customer

Country

Not specified

Sector

Not specified

Stage

Pre-seed

Funding amount

$100K

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