When will The next cohort start?

Application Period for Winter: October-December
Winter Cohort: January - March
Application Period for Summer: April - June
Summer Cohort: July - October


How is sputnik

different from

the other

accelerators

in town? 

 

 

  • Set cohort dates

  • Structured mentoring that is tailored to your startup

  • Located in the heart of downtown Austin

  • We don't have an open office, so you won't have to fight to get time with Joe and Oksana

  • We use the Y-Combinator SAFE note so you don't have to haggle about valuation.

  • Our nerdy staff is second to none


What's included in the

Sputnik program? 

 

 

  1. $100,000 of funding (main program) or $10,000 for UT Entrepreneur in Residence Program

  2. Access to other investors

  3. Free workspace for up to 6 months

  4. Startup curriculum

  5. Mentorship with real C-level people

  6. Startup discounts on products like Hubspot and AWS and more.


does sputnik fund

startups outside of

austin? 

We require that businesses in the Sputnik ATX program be stationed in Austin for the three-month program. Please only apply if your business is within a 300-mile radius of Austin or is willing to move to an area within that radius and stay long-term. 


when is my application

due? 

Applications for the Winter cohort are due around December 25. We'll have 2 cohorts per year; Summer applications will be due around June 25th. Check Gust when the application is open for the exact date.


what kind of startups

does sputnik fund?

 

 

 

 

 

We like “maker-founders” (founding teams where at least one of the founders is also the maker of the product). You should have MVP and at least one customer to be eligible to apply.

We don’t fund:

  1. Real Estate

  2. Franchises

  3. Restaurants

  4. The naughty list (guns, drugs, alcohol, porn, gambling)

  5. Pyramid Schemes


I'm Not Incorporated and/or I don't have a co-founder yet. can I still apply? 

Yes, when in doubt, apply with what you've got. If you're accepted, we'll ask you to incorporate and find a co-founder if you don't already have one. 


What if i don't get in?

 If you aren't accepted to our first class, don't be discouraged. We will do two cohorts per year. Rejections could be a result of many factors unrelated to whether we think your idea will take off. You are always welcome to reapply.

You should also look at other incubators/accelerators in the Austin area. They are great, and we're big fans of anybody in Austin doing early stage investing.  Texas is a great place for business, and Austin is its preeminent start-up launchpad.