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News August 29, 2024
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This Startup Accelerator Program Extended its Deadline to August 31

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More startups now have the chance to apply for Scale Up by Endeavor as the founder-focused startup accelerator program has extended its deadline.

Applications are open to Seed, Pre-A, and Series A startup founders with operations in the Philippines.

More startups now have the chance to apply for Scale Up by Endeavor as the founder-focused startup accelerator program has extended its deadline for applications. The deadline was previously set on August 23, 2024, but it has now been moved to the end of the month. 

The deadline extension is due to overwhelming interest in the program, according to Endeavor. Endeavor is well-known as a global community of, by, and for high-impact entrepreneurs. 

According to Endeavor, Scale Up by Endeavor is described as “a global set of programs designed to boost the trajectory of early-stage, high-potential entrepreneurs through curated mentorship, a peer-to-peer community of fellow founders, and the necessary resources to develop and execute a long-term growth plan.”

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This year’s program is supported by management consulting firm Bain & Company. The firm will provide participants with up to $100,000 (approximately PHP 5.6 million) in cloud credits from Amazon Web Services, as well as three months of guest membership at The Astbury.

Who Can Apply for the Accelerator Program? 

Endeavor notes that the program can best serve the scaling potential of companies who satisfy the following requirements:

  • With operations in the Philippine market
  • ⁠Found or is Finding the Product-Market Fit
  • ⁠Actively generating revenue
  • ⁠VC backed (Preferred)
  • ⁠Getting ready to scale

Companies that are interested in applying can do so through this link. Endeavor emphasizes that it still encourages companies that do not meet all the criteria to still apply as the criteria is meant to only guide the selection process. 

It should be noted that those who end up participating in the program must pay a program fee of $1,500 (approximately PHP 84,000) per company.

What to Expect 

Scale Up by Endeavor will last for a total of three months. During the program, participants will have access to Endeavor’s suite of services. These include the mentor network, entrepreneur peer network, and business network. 

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Meetings will be set up once a week on a weekday afternoon. However, this will depend on the availability of the speakers. While the majority of the meetings will be face-to-face, there will be some that will be held online as well.

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