Your startup gets $20k cash + 20 mentors this summer CapitalFactory 2011

Capital Factory was (and still is) a great accelerator for our company. I highly recommend it - we checked the boxes on everything that we wanted to accomplish and then some. - Built new product/website - Refined business model and pricing model - Pivoted into a larger market - Raised Series A round - Hired employees

The advisors/investors are very accessible and also a lot of fun to be around. Summer of 2010 was the most productive summer of my career.

I've heard a lot of good things about the Austin startup scene. I wonder if I can convince my wife to move down there for the summer ;-)

Is it open to teams currently based in Europe ( but ready to relocate if needed ) ?

edit: found my answer http://getsatisfaction.com/capitalfactory/topics/do_you_have...

The answer is Yes.

The mentors of Capital Factory want you to succeed and they commit great amounts of time and energy to insure that by the end of the program, you are ready to present your business to the world, investors and the press. Add to that weekly expert speakers on a wide range of topics and access to some of the best support systems, software and connections. And although the program does come to an end, these successful entrepreneurs are now a part of your network! Not to mention Austin's startup scene is dynamic, spirited and supportive....Austin, as a city, just kicks ass. Ask some of the out-of-state teams that have participated and never left!

Austin has a great tech community, put on top of that access to 20 accomplished entrepreneurs - that aren't just your mentors, they are also your investors. Designed for success. Awesome opportunity for startups!

If you want to turbo charge a startup, this is the way to do it! The companies who've been in this program make tremendous progress in just a few short months.

I've spoken with several companies that will be applying this year.

This is a great program!