1864 Accelerator - Flat6Labs

ACCELERATING THE FUTURE

WHAT TO KNOW BEFORE APPLYING

Startups applied for the 1864 accelerator through the website and filled out a form via the F6S portal. The application window was open for 2 months and the accelerator team began screening applicants for the next stage of selection. 

Six weeks before the cycle started, Flat6Labs organized a local Fintech Hackathon that was directly supported by Barclays and was a key event in introducing and promoting 1864’s first cycle.

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1864 Accelerator

SUPPORT & OFFERINGS

Funding

Mentorship

Coaching

Training

Industry Support by Barclays

Full-time support staff

Weekly Pitch Night

Perks & Services

Legal Support

Office Space

Business Networking Event

Demo Day

1864 Accelerator

Cycle Process

  • Selection
  • 1st Month
  • 2nd Month
  • 3rd Month
  • Demo Day
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Selection

8 weeks before the cycle, 60 to 80 of the best teams were invited for a 30-60 min. interview. Based on interview results, about 20-25 teams were selected to participate in a 5 day bootcamp which is designed as an intensive workshop for each team to work on developing and testing their idea further and for us to better understand their business in more detail. After the bootcamp, each team presented in front of a selection committee which consisted of members from Barclays, Flat6Labs, and industry experts who selected the final teams. Up to 10 teams were selected to begin the 14 week program.

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1st Month

After teams receive orientation and are setup, they gain access to mentors & begin training. They then spend the first month of the program building and iterating the minimum viable product

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2nd Month

The second month of the program focuses on market access where teams enter the market, begin acquiring customers & measure response

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3rd Month

By the third month of the program teams are growing their company and analyze data to decide if they will pivot or proceed.

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Demo Day

At the end of the 14 week program, a Demo Day is held giving the companies the opportunity to pitch in a room full of accredited VC’s, angels, investors, entrepreneurs, mentors, partners, and the media.