service credit contest

Small Business Service Credit Solutions from Collaberos 2020 Intake

5 Small Businesses to Win Service Credit of
$15,000* Each

All Small Businesses That Apply Will be Accepted on Collaberos.

Due by April 15, 2020

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How to Apply

Fill out the form below to apply for a slot to get free service credit

  • Totally Virtual competition.
  • You do not need to appear in person and there is no physical venue or event.
  • Just apply and get free service credit.
  • You should be a resident in the country you are applying from, and legally allowed to work
  • Collaberos is industry agnostic
  • Those who apply in advance will have a better chance to win, as our judges will have more time to review them

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Extended Credit Period

Expand, invest, build, buy, and partner—meet business needs at speed.

  • 5 winners will be selected and will receive a maximum of $ 15,000 (in services) from Collaberos /partners in exchange for a participation of 3 to 8%.
  • This will be apart from any investment that you may be offered by accredited investors who may be part of this exercise.
  • All the small businesses applying will be accepted to our program, though they may not get free service credit.
  • Any free service credit is to be used for building your MVP. It cannot be used for your own salaries or personal expenses, or renting out office / outlet premises, unless explicitly agreed by the investor.
  • All small businesses that apply will be accepted in our free virtual incubation program, but free service credit may not be guaranteed.

Terms & Conditions

Eligibility

This may be a side-hustle, but should be able to show commitment. (If you are working on your small businesses full time, no financial commitment is required. However, if you have another engagement / day job, you may have to show your investment, unless you are able to contribute 15 hours a week.)

Must be a pre-seed.

Must be a pre-seed or seed company.

small businesses

The small businesses should not have raised more than $ 50,000 in loans as services.

Evaluation

Any decisions made by Collaberos Evaluation Board will be final and no discussions will be entertained on the same.

Timeline

April 15

Applications closed

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April 20

Finalists announced.

April 28

Start of the 2020 cohort

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October 05

End of cohort

* Any amount mentioned is for crowdsourcing. Although investors can also invest as a fund, this is not guaranteed.

How to Register

Create your company profile on www.collaberos.com/register.

*Check this question at the bottom of your profile: Are you looking to apply for Collaberos CrowdSourcing?