Catalyst is a long-format accelerator, providing early-stage startups in central Virginia with nine months of program support, including: $20,000 in grant funding, dedicated workspace, experienced founders-in-residence, monthly programming, dedicated staff, a large network of industry experts, and access to nearly $50,000 in additional resources.
REGIONAL & ORGANIC
Our particular focus is upon high potential teams whose core members are already living within commuting distance of our workspace: Third & Main, located on Charlottesville’s downtown mall. Essentially, we are somewhat of a “hometown” accelerator, best-suited to support regional, organically-grown teams.
scalable & FUNDABLE
Qualified teams will have developed a scalable product or service of some kind, made possible through a novel approach, design, method, or invention. Our program is best suited for those startups at a particular moment in their lifecycle: either headed toward their first round of funding—whether through outside capital, crowdfunding, or bootstrapping—or headed toward a next round of funding after an initial angel or seed round.
MARKET-READY with Traction
Teams should be at or in the market at the time of their application. Meaning, your product or service should already have its initial batch of customers even if that batch is a small as customer number one. The most qualified teams will be able to provide evidence of meaningful, yet perhaps early demand in the market—with the exception of biomed/biotech, which often face lengthy and regulated paths to market.