How Does Betaspring Work?
Betaspring takes teams with ideas and turns them into functional, fundable companies. We recruit 8-12 teams of 2-4 entrepreneurs who have a concept or an early prototype for a high-growth startup. The teams go through a competitive application process and agree to locate themselves in Providence at Betaspring HQ for the 12 week program. Over twelve weeks, the startup teams build and refine their prototype product, launch it to an initial group of customers for feedback, and test their delivery and/or business models. During the last two weeks, through diligent practice with Betaspring Mentors and internal audiences each startup creates a polished company pitch and demo to present to seed investors and potential partners at a demo event in Week Twelve. As a result of the demo event, some Betaspring startups may receive funding offers; others may have built a path to profitability and will be able to operate without additional funding. We also provide a templatized legal incorporation an
