Startup School is open to all founders currently working on a startup, or founders about to start one to go through the course.
If you’re not currently working on a startup, you are more than welcome to audit the course and have full access to all of the content.
Once you’ve successfully completed the course, you can apply for the $15,000 in funding. The funding is completely equity-free.
Companies must participate and complete the course to be eligible for the grant; this requirement means that companies must complete 8 out of 10 weekly company updates as dictated by the course, and attend and participate in 8 out of 10 weekly group sessions. Additionally, to be eligible companies must apply to Y Combinator's core program by completing the application on our website, located at www.ycombinator.com. Applicants who are accepted to the core program will not be eligible for the $15K grant. What it means to be a “promising” company is based on a significant number of variables. In addition to your engagement in the course, the criteria which we use to determine what companies will receive the grant is as follows: 1) whether a company has revenue, or has prospects for revenue in the near term; 2) whether a company's business is growing as measured by increase in users, increase in revenues, progress in bookings, or improvement in company objectives; 3) whether the company's business is scalable; 4) whether there is a reasonable path for the company's business to become a billion-dollar company; and 5) the feasibility of implementing the company’s proposed business objectives. Each of the criteria is weighted equally.