The information below is from the 2022 request for proposals. Please see the opportunity website for updated information.
Startup UCLA’s Summer Accelerator is a ten-week program where UCLA students and recent alumni are provided $5,000 and connections to industry professionals and mentors to work on their early-stage startup. Unlike most accelerators, Startup UCLA takes NO equity in your startup.
This year’s hybrid Summer Accelerator starts July 5, 2022 and finishes with a Demo Day on September 8, 2022. This is an amazing opportunity to create your business, learn from top entrepreneurs, investors and subject matter experts, and make long-lasting relationships with other Startup UCLA entrepreneurs and alumni!
Award Amount and Details
Perks & Benefits
1. $5,000 stipend per team/no equity taken. (Paid out in August/September contingent on your work and commitment to developing your startup. Stipend is income and taxed at the end of the year.)
2. Meet and hear from top entrepreneurs, investors, and industry experts.
3. Complimentary legal guidance from a premiere law firm, Fenwick
4. $10,000 in Amazon Web Services credits
5. Google Cloud Platform credits dependent on completing application with Google who will determine the credit amount based on business
6. Hubspot credits (TBD)
Deadlines and Date Information
The due dates listed below are the most recent due dates our office is aware of. Please see the opportunity home page for information about potential upcoming deadlines or other opportunities.
Summer Accelerator 2022 Application
- Deadline:11:59pm PT, April 3, 2022
- Pitch/Interview Round: April 19-21, 2022 virtual (pitch invites will be sent out week of April 11)
- Notification of Acceptance: Mid-May 2022
- The 2022 Summer Accelerator will be a hybrid program (virtual and in-person) beginning on Tuesday, July 5, and ending on Thursday, September 8.
Eligibility Information
Qualifications
1. The team is at least 50% currently enrolled UCLA students (undergraduate or graduate) or recent UCLA alumni (graduated within the last 5 years)
2. The startup is at the product stage. You have either developed the prototype, beta, or launched. Startups that have not yet reached at least the prototype stage will not be considered.
3. Be passionate about your startup and entrepreneurship
4. Willingness to go above and beyond to do great work
5. Superior communication and analytical skills
6. Self-starter/s with a strong desire to succeed and to grow personally and professionally
7. Thrive on receiving feedback, coachable attitude, and work well with others
8. Be collaborative and engaged with other teams in cohort
