Canopy Boulder - Cannabis Accelerator

Deadline - August 24, 2018

Canopy™ accelerator arm, CanopyBoulder™, is the cannabis industry's leading business accelerator and venture capital firm. Founded in 2014, CanopyBoulder™ has successfully launched over 75 companies including industry leaders such as BDS Analytics, Front Range Biosciences, and Wurk.
NOTE: WE DO NOT INVEST IN CULTIVATION, EXTRACTION, EDIBLES/MIPS, OR RETAIL BUSINESSES


The Offer

In return for access to our network of advisors, mentors, and industry leaders and an initial seed funding of $30,000, we take an equity position. This equity position ranges depending on team strength, traction in the market, and scalability, but is usually between 6% and 9.5%. The initial seed funding is intended to cover living expenses for the founder and team during the 16-week program, as well as provide some capital to further develop your business. 

During the program, we offer follow-on funding to the top companies in the class, as determined by our investment committee.

TERMS:

Up to $80,000 in seed funding

16-week accelerator program

mentor-driven training

6-9.5.% equity

***Each founder must attend the program in its entirety***

 

THINGS TO CONSIDER

  • We only invest in ancillary products and services. We DO NOT invest in the growing, processing, testing, or sale of cannabis or cannabis products. Please do NOT apply if you “touch” the plant. You will be rejected. 
  • Our Fall 2018 program requires 100% commitment from the founding team. The program runs from October 1, 2018 to February 1, 2019. 
  • Applying to Canopy is a big decision! Please read through the information below and this blog post, and make sure you fully understand everything before submitting an application. 
  • Your chances go up when you submit a comprehensive and well thought out application. Please take the time you need to answer the questions completely. We take your level of thoroughness into consideration
  • Apply early -  we strongly suggest completing this request as soon as you can to maximize your chances of being accepted. Priority deadline is April 26th and final deadline is August  24. 

 

 

Categories: Cannabis Accelerator