FREQUENTLY ASKED QUESTIONS
HOW MUCH EQUITY DOES THE MONARQ INCUBATOR TAKE?
You give up ZERO equity for participating in the Monarq Incubator Program. APPLY NOW
WHAT IS THE FEE FOR PARTICIPATING IN THE MONARQ INCUBATOR?
Instead of taking equity, Monarq charges a small flat fee of $3,000/Company.
IS THE MONARQ INCUBATOR PROGRAM FOR WOMEN ONLY?
No, we are on a mission to build a 50/50 gender balanced world so we accept founders of ALL genders as long as your company has at least one woman in a leadership C-level role with decision making power in the company.
HOW LONG IS THE PROGRAM?
The program runs 4 months. Check out more on MONTHLY PROGRAMMING HERE.
THERE ARE MANY ACCELERATORS AND INCUBATORS, WHY YOURS?
The Monarq Incubator is built specifically for women-led companies in technology, in any vertical with a mission to get them funded. All of the mentors and partners you will meet via the Monarq Incubator program are vetted to be sincere supporters of diversity. If you are a woman-led company looking for honest insights, tailored for your company, this is the program for you.
WHO SHOULD APPLY TO THE MONARQ INCUBATOR?
At The Monarq Incubator we seek to grow and invest in exceptional companies with gender diverse teams
With at least one woman in a leadership C-level role with decision making power in the company
Targeting a very large market in ANY vertical with the potential to scale
With an early stage product
On a clear path to revenue
Looking to fundraise over the next year
Based anywhere in the US
HOW DO I APPLY TO THE MONARQ INCUBATOR? HOW DO YOU CHOOSE WHO ATTENDS THE PROGRAM?
You request an application HERE and will automatically receive the link to apply.
Fill out and submit the application. You only need to submit one application per company.
We review applications on a rolling basis & email interview invitations. While not everyone will be asked to be interviewed, we only accept companies after we have interviewed them.
If you are accepted, you will hear about your acceptance from us 2-3 weeks after the interview. We will notify all those not accepted by the start of the program. We accept companies into the program on a rolling basis so apply early for your best chance to get in!
WHERE IS THE PROGRAM BASED?
The Monarq Incubator is virtual and most program sessions will be webinars so we accept applicants from around the country. We do NOT ask you to relocate for the program and you will be able to take part in all the sessions & introductions to mentors. There will be opportunities to meet fellow participants and mentors in person.
WHAT CAN I EXPECT FROM THE MONARQ INCUBATOR PROGRAM IN TERMS OF TIME COMMITMENT, STRUCTURE & PROGRAMMING?
We have built a structured & flexible program based on years of experience and best practices that offers you key support & works in parallel with you running and growing your company. We create for you unique opportunities to connect with the right people and get the help you need to succeed.
Twice a month group training sessions & webinars lead by active investors and subject matter experts in marketing, growth hacking, branding, social media, PR and of course fundraising. It’s up to you to show up, ask questions and follow up to build rapport deeper relationships with these mentors
We match each participant company with a leading diversity focused investor across the country who is committed to spending 2+ hours a month one on one with you
Legal, Tech, PR, Accounting, Growth Hacking, Business Development, Hiring, Negotiation, Marketing, Design & Branding sessions & office hours with vetted experts to save you time and money
Numerous opportunities for pitch practice, deck feedback and financial model review
Virtual Demo Day opportunity to present to the curated & active Monarq Investor network
WHAT ARE THE PERKS FOR PROGRAM PARTICIPANTS?
Over $150K value of total perks
Up to $100K AWS credits per company Check out AWS for all the details about how long you have to use the credits and what services are included.
1 Year Sendgrid Subscription - $1,560 yearly value including 1 year of the Pro 100K Plan & 6 months of Loader.io
90% off HubSpot Marketing & Sales Software
4 months of co-working space at a KettleSpace for 2 team members
WHO ARE THE MENTORS OF THE MONARQ INCUBATOR PROGRAM?
There are 100+ active mentors in the program all of whom are investors & industry experts committed to supporting female founders. We are proud to have representatives of every major investment group or fund focused on women from around the country. Check out some of the many current Monarq Incubator Mentors HERE.
DO YOU OFFER CO-WORKING SPACE?
Yes! Most Monarq Incubator programming is virtual but all participants will have access to complementary co-working spots at KettleSpace in NYC. Check out the perks page HERE to get the latest up to date list.
Ready to do what it takes to get your company fundraise ready?
Have more questions? Request an application and we will send you a more detailed FAQ.