The International Accelerator (IA) answered some of the most common questions. If you need more clarity or your question isn't answered below, please contact us!
Do I need to leave the U.S. after I finish your program?
No. As long as your company is incorporated as a Delaware Corporation, you are eligible to stay in the U.S. We’re partnering with the best attorneys in Austin to help you during this process.
Why is your program 12-months long?
As a foreign-based startup, you need the first couple of months to deal with legal, immigration, relocating to Austin, and navigating a brand new market.
It takes a lot of willpower to uproot yourself and move to a new country. We want to make sure you have enough time to make significant strides in our program.
How much funding and support do you offer?
Your startup receives seed funding: $50,000 in two rounds of $25,000, in the form of convertible notes. The first note is issued within your first 30 days with IA, and the second note is issued during month 7.
Our goal is to give you the opportunity to completely focus on your startup without distractions and get you to the point where you are ready for further funding.
Our acceleration program is high-touch, personal, and hands-on. We assist you with everything you need in your relocation – from legal, visa, incorporation, transportation, housing and operating in a new culture.
How is IA different from other accelerators, incubators, angel investors, and VC firms?
We focus solely on identifying and engaging foreign-born entrepreneurs and their startups.
What are the key criteria for selection into IA's program?
- A viable product gaining market validation or traction
- A unique product addressing a specific, unfulfilled need in a large, growing U.S. market
- A confident and coachable management team with a high level of business and technical knowledge of the product and its market
- A strong business model with monetization potential
- A founding team with at least one foreign-born employee committed to moving to Austin, TX