The founder blog

Three big-company programmes hand out credits and hardware access. What each covers, and the conditions nobody reads.

12 programmes added, 3 closed their intake and 12 opened one. What we found re-reading every organiser page in October.

One is a grant-and-equity instrument with a long form. The other buys outcomes through challenges. Both are public money.

A London fund writing larger cheques against a Baltic accelerator taking a smaller stake. Which suits which company.

One week against twelve, a small cheque against a residency. Who each format suits.

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Both back people before there is a startup. They differ on how you find a co-founder and what they take for it.

The two best-known accelerators take different equity, run different lengths, and select for different things.

The honest arithmetic of acceptance rates, and why the answer is higher than most founders are comfortable with.

Commercialisation funding runs on different rules than startup funding, and the overlap is smaller than it looks.

Salaries, equipment, contractors, your own time: what grants will cover, what they will not, and when you get the money.

The stages between submitting a form and hearing back, how long each takes, and what you should be doing meanwhile.

They ask for different things, run on different clocks, and one of them is a far better use of a first application.

Co-financing turns a grant into a purchase. Here is how to work out what you would actually be spending.

Funding lists rot quietly. These are the checks we run weekly on every entry we publish.

Four of the two hundred programmes we track charge an application fee. That ratio is the answer to most of the question.

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Twenty-seven of the programmes we track publish no figure. Here is how to find out what you would actually get.

Almost every programme we track is rolling, which changes what you should be optimising for.

The most common reason a strong application is rejected has nothing to do with the idea.

A working product changes which programmes will look at you, and by how much.

What an idea-stage founder can actually apply to, and what every one of them will ask for instead of traction.

Some of the best known programmes give mentorship, introductions and a demo day rather than a cheque.

Repayable finance is not the worst option when the alternative is waiting nine months for a grant decision.