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500 Startups opens applications for next round of companies

on July 17, 2013

Gigaom

Startup accelerator 500 Startups is opening up its applications for the next batch of companies on Tuesday, meaning anyone who wants to apply to the program has the next month to get an application on AngelList. The application period will run through Aug. 16.

500 Startups began as a seed fund from investor Dave McClure, but in February 2011 it expanded to include a traditional accelerator program that presents batches of companies at demo days. Beginning on Tuesday, it will be taking applications for its seventh batch.

When it comes to traditional accelerators or incubators in Silicon Valley, 500 Startups is one of the largest ones, along with Y Combinator, the older group that’s been around since 2005. The two have distinctly different styles, with the Y Combinator demo day feeling like a place for formal business presentations, with its model chronicled recently by The New York Times Magazine

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