Does Valley Ventures take equity?
No, we do not take equity in accelerator ventures.
No, we do not take equity in accelerator ventures.
Valley Ventures is funded by an i6 innovation grant from the EDA (Economic Development Administration) and a grant from the California Energy Commission. As a result, we are able to offer the accelerator program at no cost to participating ventures. Also, there is no application fee, or any other hidden fees. Valley Ventures will provide some meals and refreshments during workshops; however, participating ventures are to cover costs for most dinners and lodging.
The founder(s) or team will have to be present for the in-person workshops and events over the three month time period. In addition, assignments are worked on between workshops.
WET Center: The WET Center is an incubator for startups focused on the water, agricultural, and energy markets. Valley Ventures is an affiliate of the WET Center which provides various resources for the program, including company contacts and office space.
BlueTechValley: With an extensive network of partners, BlueTechValley (BTV) provides a variety of resources throughout the state of California. Services include consultation on technology viability, commercialization, securing grants, business model mapping, and third-party testing. Valley Ventures is the accelerator component of BlueTechValley.
No, we won’t sign an NDA. The informal commitment to secrecy here at Valley Ventures should be sufficient. While we encourage our founders to share the value their technology brings, we would suggest keeping key intellectual components undisclosed.
Sure. Just submit two different applications. Only one will be selected for the cohort, though.
There could be a variety of factors involving our decision not to accept an application. We normally provide feedback to an applicant on why their venture was not selected. If not, feel free to follow up with our team.
We work with a large array of ventures experiencing different stages of growth. Some ventures are pre-revenue with a prototype ready to commercialize, while other ventures already have around USD$1M in annual revenue. Ultimately, we encourage all ventures to apply, and then we can have an honest conversation about their involvement in the program.
Sure. Whether you are looking for further investment or shifting focus to generating revenue, we would encourage your venture to apply.
More than half of the startups we accept don’t need investment. Our focus as an accelerator is primarily on the growth of our ventures through driving revenue, which in turn can increase investment viability.
We consider all companies, regardless of the size of their needed investment.
Yes. Valley Ventures may open up to more industries later, but for now, we are following this guideline fairly strictly.
Valley Ventures will accept single founders, but our advice remains that one-person startups are tough, and you’re more likely to succeed with a co-founder or team.
Valley Ventures will consider accepting your venture, but your chances are much better if you find yourself a technical cofounder. Also, we typically only accept ventures as early as having a product that has gone through testing and is very close to commercialization. If you are currently at the research stage and could use additional resources, we would suggest contacting BlueTechValley@csufresno.edu or BlueTechValley.
Yes, the only dates a team needs to be physically present is during workshop dates and required events. You can find those dates for the next cohort on our website underneath schedule. There are plenty of events and opportunities that will be presented in addition to required dates, but those optional events will be clearly labeled as optional.
No, as long as you can get here for the required dates, you should qualify.
We can sometimes provide some general advice, but our resources and time will be directed towards companies that are accepted into the program. We would suggest contacting BlueTechValley@csufresno.edu or BlueTechValley for general inquiries.
Valley Ventures operates out of several locations, including our partner incubator, the WET Center, on the Fresno State campus. While we don’t have one specific location, we can coordinate a tour of our facilities and explain more about our program and services.
Sometimes we can setup a meeting; but generally, we would suggest starting with BlueTechValley for earlier stage ventures.
If we have the time, we usually provide feedback to the ventures that apply. If Valley Ventures is not able to review your venture and provide feedback, BlueTechValley can assist with this process.
No. When we refer someone to an investor, we’re also recommending them. We can’t recommend ventures we haven’t gotten to know through our program.
Valley Ventures will only publicize companies that have entered and gone through the accelerator program. While Valley Ventures only represents accepted ventures, our incubator affiliate, the WET Center, offers memberships for companies looking to publicize their product/services through the WET Center community.
Late applications are those submitted after the application deadlines. If you submit an application after the deadline, your application is automatically tagged as “late”, but will receive consideration if space permits or for the next cohort.