The month long training bootcamp is taking applications now and will give capital and education to companies that include at least one graduate of a General Assembly immersive or part-time course or online circuit.
The program will look to accept at least ten companies, and potentially as many as 20 for its accelerator prep courses.
Successful applicants will receive $8,000 in cash and a $2,000 tuition waiver from 500 Startups in exchange for a 2% equity stake. Those companies that are accepted will also be fast-tracked for the 500 Startups accelerator.
In addition to the money, companies will also get a three-week crash course in the dos and don’ts around accelerators, and a basic overview of what they’ll experience in a program. GA will also give a week-long class on user experience design and…
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