Covintus Tech Tank, a tech-focused virtual accelerator, is getting ready to close applications for its Winter 2022 Cohort Accelerator Program.
Startups interested in participating in the program to gain access to important insights on how to set their organizations to success will be able to apply before December 10th of this year. The 10-week program will run from January 25th through March 31st. Logan Ryan, Covintus director of community engagement, said about the program’s previous iteration:
“Founders who completed our Summer 2021 Cohort walked away wiser about their tech products and more connected to resources they need for growth. We encourage any founder with a well-developed idea and a scalable product to apply for Covintus Tech Tank’s 2022 Cohort by Friday, December 10.”
Those who are selected will be able to participate in the virtual program, which will consist of expert-led sessions on different topics such as avoiding common startup mistakes, technology leveraging to drive growth, and much more. Brian Flood, Covintus co-founder, and chief community officer referred to the program by stating:
“Covintus is leveraging the success we achieved from our inaugural Tech Tank accelerator held this past summer, where we supported five startups based all over the U.S. We’re excited to host two cohorts next year, in the winter and summer, that will support up to 20 startups. From the moment they submit an application, founders will benefit from the entire process.”
Since the inception of the program, Covintus has already pledged $1 million to help startups achieve success by providing them with support during their earlier stages of growth.
All of the startups selected to be part of the Winter 2022 cohort will receive access to all the support provided by Covintus, as well as $5,000 in funding once the program is completed. The startup that is chosen as the winner of the cohort’s competition will earn an additional $25k, with $10k being assigned to the runner-up. These prizes will be rewarded in the form of Matching Credit, which can be used to pay for any of Covintu’s services.
Applicants will be chosen based on the growth potential of its product, the tech challenge they seek to solve, and the commitment of their founders. By combining these traits with the strategic support of the crowdsourcing company, Covintus expects to play an important role in driving innovation in the startup ecosystem.