The Andreessen Horowitz Foundation (a16z) has announced that it has begun accepting applications for the third edition of the SPEEDRUN program. Through this program, the organization will award $750,000 to each qualifying team.
A16z SPEEDRUN acts as startups accelerator. The program is a 12-week educational event that will take place from July 29 to October 20, 2024 in Los Angeles.
SR003 APPLICATIONS JUST 𝑫𝑹𝑶𝑷𝑷𝑬𝑫!
— A16Z GAMES SPEEDRUN 🧊 (@speedrun) April 1, 2024
Want to secure $750K for your startup? Apply to SPEEDRUN here: https://t.co/OBsX64v30x (takes 15 mins!)
Application Deadline: May 19, 2024
Notified of Selection: End of June at the latest!
Program Dates: July 29 - Oct 20 in Los Angeles ☀️ pic.twitter.com/gwP3uM6jkE
The deadline for applications is May 19, 2024. According to Andrew Chen, the foundation's general partner, the initiative will have a budget of $30 million.
He also noted that the program is "at the intersection" of advanced technology and gaming.
BIG NEWS:
— andrew chen (@andrewchen) April 1, 2024
i'm investing $30M in the next 45 days via the a16z SPEEDRUN program 😎
Yes, $750k per startup that joins the SPEEDRUN program plus obv it'll be a great way to work together on something. So come work with me at a16z's SPEEDRUN program -- we'll invest, work with you,…
Venture projects from categories such as blockchain infrastructure, #artificial intelligence, #Web3 games, engaging consumer apps, #VR/#AR and others are eligible to participate. Interested parties can submit their applications at the link provided.
In addition to financial support of $750,000 per team, the program offers guidance, #training, practical case studies, and the opportunity to establish valuable business relationships, as highlighted by Chen.
It's worth noting that Chen leads a16z Games Fund One, a $600 million fund launched in May 2022.
