After running two successful batches of the mobile focused AcceleratorHK in Hong Kong, Telerik is announcing the Mach5 Accelerator in Silicon Valley. Mach5 will focus on startups doing HTML5 Web or Mobile development using our HTML5 framework, KendoUI.
The accelerator will be located in our office on University Avenue in Palo Alto, the heart of Silicon Valley. We’ll run from January 6th until April 11th, 2014. Applications are open until November 22nd for the first batch: apply here.
The batch will be small, only three teams, but the benefits are huge. Besides office space, you’ll have a great 14 week program complete with Silicon Valley mentors, up to $25k USD investment (in exchange for 4%-6% equity), and a customer development and MVP boot-camp.
Telerik resources are at your disposal too. In addition to the mentors from Silicon Valley, Telerik will provide a senior developer from our Professional Services team onsite for a few weeks of the program to help the teams get started. In addition to the techie help, our demand generation, community, and “growth hacker” experts will provide assistance to the teams. While you are in the Valley for the program, tap into our Silicon Valley staff’s vast network. Lastly, our Video Production team will assist with some high quality videos for the teams to use in their marketing and fund raising campaigns.
The best applicants are two person startups with one techie and one business person doing HTML5 development willing to relocate to Silicon Valley for 14 weeks and work on the startup full time. Applications are open until November 22nd for the first batch: apply here.