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Apply Now for the Y Combinator (YC) Program 2024 (USD $500,000)

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Apply now for the Y Combinator (YC) Program 2024. YC is accepting applications from startups for its 2024 funding cycle. Startups with a better product with more users have more options for raising money.

The Yc program seeks to equip startups and help them achieve their goals to be in better shape, three (3) months after being selected into the program. To enable them take off from whatever stage in which they arrived. Some haven’t even started working yet, and others have been launched for a year or more.

See Also: Apply now for the Google Hustle SMB Fund (₦75 Million)

YC continues with the selected startups after its three (3) months cycle with its increasingly valuable alumni. The 11 weeks leading up to Demo Day are the most productive period for founders.

Eligibility and Requirements for the Y Combinator Program

  • Participants should have companies that have already raised over $1M.
  • The application is open to any startup anywhere in the world
  • If invited for interviews, YC will assist you with navigating visas.
  • Participants should be legally able to receive funds.
  • Only the founder who created the application has access to it.

What You Stand to Gain from the Y Combinator Program

The YC programs benefits include:

  • Selected participants will be there in person in San Francisco after it kicks off with a 3-day, in-person retreat and features weekly meetups.
  • The Y Combinator invests $500,000 in every selected participant on standard terms.

See Also: Apply Now for the Masschallenge FinTech Program 2024

Funding Information for the Y Combinator Program

  • A $500K investment is made on two (2) separate safes.
  • They invest $125,000 on a post-money safe in return for 7% of your company (the “$125k safe”).
  • They invest $375,000 on an uncapped safe with a Most Favored Nation (“MFN”) provision (the “MFN safe”).
See also  Apply now for the 2024 Youth Business International Bootcamp for Young Entrepreneurs.

Application Process

The application deadline is on 13th October 2023.

Click here to apply.

For more information, visit the official webpage of the Y Combinator (YC) program 2024.

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