The Make in LA accelerator works with 4-6 startups at a time, helping them avoid costly pitfalls associated with hardware production through a four-month comprehensive concept-to-market programme that applies best practices from mentor-driven accelerators, lean startup methodologies, and design for manufacturing principles.
It works with about 15 startups every year and is currently accepting applications for its 4th Cohort.
14 May 2017
They offer startups $150,000 (one hundred and fifty thousand dollars) in two rounds:
- On day one, $75,000 plus free range of their resource-jammed facility for 7.5% equity.
- Upon graduation, you will receive $75,000 at whatever terms your company is worth.
OTHER KEY DATES
March 14, 2017 – Application goes live
July 5,2017 – Pre-accelerator Kick Off
August 9, 2017 – Cohort 4 Offers
August 11, 2017 – Cohort 4 Acceptances Due
September 12, 2017 – Cohort 4 Kick Off
January 19, 2018 – Cohort 4 Ends
Note that while some organisers may accept applications from all around the world, you may still be required to travel to the host country in order to take part in the later stages of a competition for instance, or you may be required to live there for a period of time to take part in a funded programme (e.g. scholarship, incubator, accelerator).