NYC SeedStart: Enterprise
NYC SeedStart is an intensive, 12-week program based in NYC. It is designed to help entrepreneurs focused on the next-generation of enterprise (B2B) software launch new ventures. SeedStart’s team combines partners from leading enterprise focused venture capital firms with top enterprise software companies and is supported by the governor’s office.
With access to large amounts of capital, highly experienced investors and a robust ecosystem, New York is a very attractive location for companies to launch. NYC Seedstart Enterprise aims to put in place the pieces to allow talented entrepreneurs working on important enterprise trends and products to be in NYC and launch their ventures.
We believe there are a number of important trends in enterprise software are well suited for an accelerator program, including:
- Consumerization of Enterprise Products— ease of use, lightweight and flexible
- Social capabilities within products
- Realtime data
NYC Seedstart Enterprise will organize an intensive 3 month program for entrepreneurs – freed from thinking about office space or living expenses – to build their product and sign up customers with access to our network for help. At the end of the program, groups will present their work to investors and press at a "Demo Day" with the hope of finding additional funding. We want to help close the gap between funding and bright ideas from smart, young people who are just getting started in NYC.
We will give up to 10 promising applicants/teams $20,000 each, as well as workspace and advice, in exchange for a small piece of common stock equity (5%). We do not expect to fund "companies" –we expect to fund great entrepreneurs and hackers.