Deadline: 6-Feb-22
Applications are now open for the 2022 TinySeed Accelerator Program to give highly-detailed advice about sales, marketing, pricing, hiring, and other topics that they find most early B2B SaaS startups need, which gives the founders a head start on best practices.
The programs are designed provide extensive mentorship and guidance through weekly mastermind calls with other startups in your cohort, office hour calls with mentors, and one-on-one help with the TinySeed team to identity and solve problems you might be facing.
TinySeed is a remote accelerator focused on SaaS, and companies are mentored for a full year. Most other programs – think YC, TechStars – run for three months and founders have to relocate to a specific location. But there are thousands (if not tens of thousands) of bootstrappers who aren’t able to relocate due to family or other personal obligations.
In addition, accelerators focus on demo day – the day at the end of the program where the companies pitch their progress in an attempt to raise a seed or Series A. Since bootstrappers tend to be capital efficient, a founding team can live off that same low six-figure investment for an entire year if they can participate remotely, without the necessity (but the option) of raising more capital at the end of the 12 months.
Another difference is that companies don’t need to sell for TinySeed to work. They have designed the model to work with dividend payouts so founders can retain ownership of their company for the long-term.
This also means they can grow at a healthier pace and don’t need to force growth to raise their next funding round. They like to think of this as building a sane startup. That is, a startup that values people over results, has reasonable working hours, provides ample days away from the office, and generally doesn’t burn out the people involved.
Funding Information
TinySeed invests $120k for the first founder, $60k for the second founder, and $40k for the third. The standard terms are for 10-12% equity. They do not do revenue- or profit-sharing; instead, founder(s) salary is capped at $250k/year.
Criteria
- TinySeed is a one-year, remote SaaS accelerator with two programs: Americas and Europe.
- Each program funds 15-25 companies at once, and those companies go through the accelerator year as a batch.
- You can choose which program to apply for in the application, or leave it blank and they will work with you to find the best program for you.
For more information, visit https://tinyseed.submittable.com/submit/214932/tinyseed-spring-2022-programs-application
