GenTech Archives - Launchopedia

BoomStartup is Utah’s top accelerator program. We offer both a General Technology (GenTech) accelerator as well as an Education Technology (EdTech) accelerator.

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Startup

A startup is a new business venture / enterprise in its initial or early stages of development. These stages include the concept, seed, early, growth and mezzanine stages.⁶

Accelerator

In an Accelerator, a Seed investment is made in return for equity and usually between $15K - $50K. Startups are admitted in classes and work in groups. They are generally given a deadline to complete intensive training and iteration (typically 1 week to 6 months). Startups end an accelerator program with a Demo Day in which they pitch to investors.²

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Tagged: GenTech

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