This accelerator program differs from a traditional accelerator in many ways:

• This program is not just for pre-seed companies aiming to raise a seed round. We have a track record of working with startups at different stages to deliver long-term commercial partnerships between our business and theirs.
• Issuance of equity is not required for participation.
• The accelerator program includes a shorter time commitment. (Most accelerators are 10-12 weeks; this program is six weeks).
• Each cohort will only include 6-8 companies allowing for a much more tailored, 1:1 approach, so no one-size-fits-all programming.

No equity contribution is required for this accelerator program.

No. Comcast NBCUniversal will not make any investment in the company in connection with participation in this accelerator program, but we will have a right to make investments in the company’s next financing round. Any investment decisions will be made by Comcast on a case-by-case basis.

We would prefer that founding team members participate. We understand that commitments come up, so if other senior employees outside the founding team need to fill in for a session or two, that is acceptable.

In addition to the in-person weeks, participants can expect three to five hours/week of scheduled virtual content during Weeks 2-4, in addition to discussions with Comcast NBCUniversal teams to scope out potential partnerships.

Each accelerator program will include six to eight companies.

While the goal is to achieve a pilot or proof of concept (depending on the stage and readiness of the startup), there is no guaranteed engagement at the end of the accelerator program. That said, more than 80% of participating companies to date have secured a pilot or commercial deal with Comcast NBCUniversal, or Sky. And participating companies become part of our portfolio on whose behalf we are constantly identifying new opportunities.