Eastlabs

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https://www.startus.cc/company/eastlabs

75 Zhylianska Street

Kyiv

Ukraine

Website

https://www.facebook.com/eastlabs?fref=ts

General information:

Eastlabs looks for talented teams with ideas that have the potential to change the world. We feel that just as important as having an innovative idea that can shake the internet/mobile space, is to have a team determined to execution excellence.

During an intensive 4-month incubation period, we provide a tailored combination of all additional resources required to speed up the product-to-market process: capital, advice, a place for the team to focus and interact with other entrepreneurs, and connections to partners that are interested in further development of the project to global success.

Company information:

Company type:

Accelerator

Industry:

Startup Services

FAQ:

How many team members do you typically look for?

We are looking for teams with typically 2-4 founding members.

How does the selection process work?

The selection process involves an initial screening and evaluation by our Project Selection Committee. After that, the Committee will invite the short-listed teams for in person interviews. Final decisions will be made based on these interviews.

How much capital is Eastlabs providing?

Our standard offer is $20,000 per startup team.

How much equity will Eastlabs gain in the start-up?

Eastlabs gets 15% equity on each startup team.

What is the length of the Accelerator Program?

The Eastlabs accelerator program will run for a period of 3 months.

How many mentors are working with the EastLabs accelerator?

We have a pool of over 100 local and international mentors. The total number of mentors is always increasing.

What kind of companies are you accepting?

We are interested in start-up companies that are scalable in the internet, mobile, and digital media spaces

What do you look for in the application process?

We look for teams (typically 2-4 founders) with a clear understanding of the market opportunity and the competitive advantage of their idea with respect to others in the marketplace. Team members should have domain expertise, understanding of the market, competitors and the ecosystem in the industry they are targeting. We are also especially interested in disruptive business models that can transform markets