Why should I start out in the incubator?
While you may have already made a lot of progress with your startup we recommend the incubator as the starting point for founders that don't have market validation, an MVP, and early-adopters to ensure that you get the support you need at this critical stage. We want to ensure that you build a solid foundation to sit everything else on top of.
How does the process work once I'm in the incubator?
Once in the incubator you will start conducting the early validation necessary to ensure that you are solving the right problem for the right people and there are enough people willing to pay enough money to make it a scalable business. If you make it through the early-validation stages you will then move into building your MVP and preparing to pitch investors. The incubator has five stages and companies are assessed at the end of each stage. Companies that are unable to show the validation or progress necessary at each stage are not able to move forward in the incubator.
Can I apply directly to the accelerator?
Yes, you are able to apply directly to the accelerator if you believe that your company is ready.
Will my company receive an investment from the accelerator?
Yes, we invest $150,000 in each company accepted into the incubator.
Do I need to go through the incubator or accelerator for Plain Sight Capital to invest in my company?
No, you do not have to go through the incubator or accelerator to raise investment capital from us and you are more than welcome to pitch us if you believe that your company is ready. However, please keep in mind that our incubator and accelerator gives us an opportunity to get to know founders and build relationships with them. If you are pitching the fund directly we haven't had the same opportunity to get to know and build a relationship with you which means you as a founder will need to go through a higher level of scrutiny.