DivInc Launches Blockchain Accelerator Program: Everything You Need to Know

According to reports, the Austin based startup accelerator DivInc has announced the launch of a blockchain accelerator program, with up to 10 companies being able to participate in its 12 week program, which will last from September to November, with each company receiving $10000 in seed funding upon completion. Founders of blockchain startups can apply on DivInc’s website.

DivInc launches blockchain accelerator program, providing $10000 in seed funding for 10 startups

On August 21st, 2021, DivInc, an Austin-based startup accelerator, announced the launch of its new blockchain accelerator program. This 12-week program, which runs from September to November, will allow up to 10 promising blockchain companies to participate, receiving valuable mentoring, networking opportunities, and $10,000 in seed funding upon completion. In this article, we’ll dive into the details of this exciting program and explore what it could mean for the blockchain industry moving forward.

What is DivInc?

Before we dive into the specifics of the blockchain accelerator program, let’s take a moment to examine what DivInc is all about. Founded in 2016, DivInc is a non-profit accelerator program designed to support underrepresented founders in the tech industry. Their mission is to boost diversity and inclusion in the startup world by providing mentorship, education, and funding to entrepreneurs who have historically been excluded from these opportunities.
Since their founding, DivInc has supported over 40 startups, helping them raise over $8 million in funding and creating over 100 new jobs. They provide a wide range of resources to their participants, including mentorship, workshops, and networking events, all aimed at providing the tools and support necessary to build successful, sustainable businesses.

What is the Blockchain Accelerator Program?

Now that we understand what DivInc does, let’s take a closer look at their new blockchain accelerator program. This program is designed specifically for blockchain startups who are looking to take their businesses to the next level. Over the course of the 12-week program, participants will receive mentoring and support from industry experts, as well as access to valuable networking opportunities and resources.
One of the most exciting aspects of this program is the $10,000 in seed funding that each company will receive upon completion. For many early-stage startups, getting access to this kind of funding can be a game-changer, providing the resources necessary to take their products or services to market and grow their businesses.

Who Can Apply?

DivInc’s blockchain accelerator program is open to any and all blockchain startups, regardless of their size, stage, or location. However, there are a few specific requirements that companies must meet in order to be considered for the program. Firstly, they must have a working prototype or product that is ready to be scaled. Additionally, they must be willing and able to work full-time on their businesses for the duration of the program.
The application process for the blockchain accelerator program is fairly straightforward. Interested companies can apply online via DivInc’s website, providing information on their businesses, their teams, and their products. Applications will be reviewed by a team of industry experts, who will select the top 10 companies to participate in the program.

Why is the Blockchain Accelerator Program Important?

The launch of DivInc’s blockchain accelerator program is an exciting development for the blockchain industry, for a few different reasons. Firstly, it provides much-needed support and funding to early-stage blockchain startups, which can be notoriously difficult to find funding for. By providing mentorship, resources, and $10,000 in seed funding, DivInc is helping to give these startups a leg up and increase their chances of success.
Additionally, the program is an important step towards increasing diversity and inclusion in the blockchain industry. As we’ve seen time and time again, diversity in tech is sorely lacking, particularly in industries like blockchain that are still in their early stages. By focusing on underrepresented founders, DivInc is working towards creating a more equitable and inclusive tech ecosystem, which benefits everyone.

Conclusion

The launch of DivInc’s blockchain accelerator program is an exciting development that could have big implications for the blockchain industry. By providing valuable funding and support to early-stage blockchain startups, DivInc is helping to increase the chances of success for these companies, and by focusing on underrepresented founders, they are working towards creating a more diverse and inclusive tech ecosystem. We’re excited to see what the future holds for the program, and for the industry as a whole.

FAQs

1. How many companies will be accepted into the DivInc blockchain accelerator program?
Up to 10 companies will be accepted to participate in the program.
2. How long does the program last?
The program runs for 12 weeks, from September to November.
3. What kind of funding do participants receive?
Each company that completes the program will receive $10,000 in seed funding.