Accelerator Program for Early-Stage Startups in the US

The eFactory’s 2021 ‘Accelerator’ program for Missouri’s startups

The eFactory through its ‘Accelerator’ program is on a mission to accelerate Missouri’s most promising startups through capital investment and unrivaled support.

The efactory accelerator gives startups the edge they need to reach the next level, helping companies shave years off their roadmap to customers and profitability.

How do they do it?

They connect founders, experts, corporate partners, and communities to grow and transform companies. They’re proud to be the region’s leading resource for entrepreneurs and technology startups. When you work with them, you gain access to their broad network of partnerships, university resources, and more.

Investment

  • They back extraordinary entrepreneurs because they believe in the power of dreamers and doers to create a better future for all. Participants in the efactory’s accelerator program receive a capital investment in addition to unmatched resources and support.
  • Companies selected to participate in Cohort 5 will each receive a $30,000 investment in exchange for eight percent equity. Selected companies are expected to maintain a business presence in the state of Missouri for one year from the start date of the program.

Support

  • Growing a business takes more than capital. The program provides specialized support and curated programming to equip bold entrepreneurs with the resources needed to disrupt the status quo and build thriving businesses. Their network of entrepreneurs, corporate executives, industry pros, functional experts, partners, mentors, and investors are all committed to your company’s success.
  • They know founders are busy. Their program is built with accessibility and flexibility in mind. Programming and support is delivered in on-demand, in-person, and virtual formats so you can stay focused on growing your business.
  • All participating companies gain access to a dedicated business consultant with the Missouri SBDC at MSU, a lead mentor, industry introductions, specialized programming, founder peer groups and roundtables, legal and accounting assistance, their full mentor network and more.
  • Participants receive secure, 24/7 access to workspace and conference rooms at the efactory, but are not required to physically be in the building each day. Their network of business consultants, lead mentors, and professional service providers will share their expertise in a variety of formats designed to work with your schedule.

Cohort 5 Program Dates

  • Applications will be open May 1 through May 31, 2021. The accelerator will kick off on July 19, 2021.
  • The program will include 18 weeks of programming and support. Demo Day will be held the week of November 15, 2021. Participants will receive an additional six weeks of workspace and resources after Demo Day through the remainder of 20.

Visit the official site here

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