Common questions and common answers.
Is the accelerator application still open?
Our formal call for 2019 accelerator applications is closed. But we always want to hear more about the progressive political tech tools you’re building and find a way to collaborate or partner. If you’ve got an idea or company to share, please email firstname.lastname@example.org so we can learn more and connect with your team!
Does HGL invest in non-profits?
No. Higher Ground Labs is focused on investing in for-profit vehicles that have a business model and see a path to making returns in this market. We believe this structure is more effective for collaboration and more rigorous for running your companies. We know that not all political tech should be created in a for-profit structure, but we are only investing in the ones that are.
How much do you invest?
In 2017 and 2018, our average investment in companies was $100k. For our 2019 cohort, the actual amount will vary by company based on need, stage, and team.
How does HGL invest?
We invest through a standard convertible note.
When does the accelerator program start, and what does it entail?
We anticipate that the 2019 accelerator program will start in July 2019 and go through November 2019. The program includes an intensive every month, in which founders come together in a city (Chicago, Los Angeles, DC, or San Francisco) for multi-day “boot camps” around various aspects of the business. In addition, the program includes regular coaching calls, access to the HGL Advisory Board, and regular introductions to potential clients and investors. Read more about our program here.
When will you HGL make decisions on investments?
We plan to make offers on investments by May.
Email us at email@example.com.