Most of MediaTech Ventures incubators are developed in partnership with a company, for the sake of an internal corporate innovation program, or as a government program provided by a city or state. If that is the situation that applies to you or for which you are seeking a cost of such a program, get in touch with us here. As a founder getting started with MediaTech Ventures, MediaTech Ventures’ program fees are unusual because the program is designed for to benefit from your success and your participation in the community of which you are already part anyway – MediaTech.
Designed with your success at the top of our minds, we reduce the cost of curriculum and teachers’ time and materials by instead seeking warrants, an option to acquire and immediately sell equity, in your startup, roughly halfway through the program.
With warrants in place, the total out of pocket cost is only $750 for 2 seats for your startup (you and a founder or other team member). Warrants are a way we’re paid upon your success and what it means is that if you raise later stage funding or get acquired, we get paid out a little more for that accomplishment. Founders have the option to forego warrants, instead making a second payment for the second half of the programing.