AI BriefingReplit Announces 'Replit Ventures 2022'
Key point
Replit has announced 'Replit Ventures 2022,' an incubator program that expands its support scale by 10x.
Details
Replit has announced Replit Ventures 2022 (RV1), a 10-week incubator program, significantly expanding its scale by 10x compared to last year.
This program will select a total of 12 teams, with each team receiving $10,000 (USD or BTC) in funding. This represents a major increase in both funding scale and number of teams compared to last year (6 teams, $2,000 per team).
Selected teams will receive support for the tools and capabilities needed to build a startup over 10 weeks through mentoring, workshops, and guest speaker sessions. In particular, Y Combinator (YC)-related sessions and application process assistance will also be provided.
Replit Ventures aims to help all creators around the world build businesses, with no restrictions on age or background. Additionally, it does not require any equity from participants.
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