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We design custom accelerator plans to fit your company’s needs.

Founded in 2010, BoomStartup established itself as the top accelerator in Utah and is consistently recognized as a nationally-ranked accelerator.

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About This Program

BoomStartup is a seed, early-stage venture fund and Online Accelerator Program. This means we start our portfolio companies in a metric-driven accelerator program and support startups with follow-on capital to participate in several additional rounds. We provide custom accelerator plans, extensive mentoring from seasoned professionals, personalized mentorship, investor introductions, and pitch development.  The program uses lean startup methodologies to launch early-phase tech, software, EdTech, product, and biotech startups. Technology-driven innovations are changing the world and continue to push the boundaries of technology in our daily lives. We firmly believe that connecting companies with the right mentors, investors, and industry experts is the right way to scale companies and create explosive growth.


We’ve shepherded over 120 companies through the rigors of launching a company and helped 72% of them get funded.


BoomStartup makes performance-based milestone investments in all companies as they mature through our 5-level program, which is backed with analytics, metrics, milestones and aspiration that your startup is ready to take the next step. Companies can receive up-to $120K in seed funding by reaching the fifth level. BoomStartup receives 6-9% of equity across multiple investments based on achieving mutually agreed performance milestones. In addition, companies also receive over $500K of in-kind services, ranging from $100K in AWS, Azure or IBM hosting credits to banking, legal and financial services.

Even more important, startups receive intense day-to-day mentoring from BoomStartup’s extensive mentor pool of 250+ industry experts, whom will work with startup teams to nail their business model, build their minimum viable product, and get traction.

Below you will find information on a few recent GenTech accelerator graduates who have gone on to become pioneers in their industries.

 


Throughout the accelerator, companies will distill and identify their core company purpose, develop and refine their MVP, obtain traction critically needed to raise capital, and perfect investor pitches. The program culminates in Demo Day, where startups have the opportunity to pitch private investors, angel groups, and venture capitalists. 72 percent of BoomStartup’s accelerator companies have received funding, raising between $500K – $1.5 million.

Utilizing our BoomStartup Online platform, founders can work at their own pace to accelerate their business for up-to 52 weeks, which will help them find an optimal business model, create a minimal viable product that is revenue-ready, execute into revenue generation, and make connections to customers and investors. 


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What our Graduates Have to Say

What Our Graduates Have to Say

These & similar sentiments are regularly heard from our alumni. It’s not about determining your path, it’s about accelerating it and learning years of lessons in a matter of months.


“BoomStartup has been amazing. I liken it to standing out in the cold under a raincloud, not knowing what to do about your company. And somebody walking up with an umbrella and a warm blanket and wrapping it around you and saying “we gotcha and we can figure out how to get you home.” It’s been really incredible. I don’t think we would’ve gotten nearly where we are in the last 12 weeks had it not been for BoomStartup.” – Kati Radizwon, iFlipd CEO


“I actually have an MBA and I feel like being at BoomStartup has been a chapter two of that experience. In business school they don’t teach you how to drive startups forward. BoomStartup has been a perfect extension of business school. It’s like a Bootcamp for entrepreneurship. It’s truly helped accelerate our business.” – Peter Glenn, CrowdSchool CEO




“BoomStartup holds a unique position in the Utah startup ecosystem. Few other organizations bring together the experience from tested business leaders, angel investors and institutional funds the way that BoomStartup does. The leadership offered from their deep bench of mentors and program directors is ready to help any founder and early stage company successfully navigate their way through the challenges of the startup world. – Sam Stoddard, SimpleCitizen CEO


“I loved my experience at BoomStartup. The best thing I’ve gotten out of the program is lots of advice and tons of mentors available to us. It really helped us take everything we would’ve learned in two years and made it applicable to our business in 12-weeks. It’s definitely worth the experience if you put the work in. – Jordan Townsend, Circll CEO


Location

BoomStartup is headquartered in downtown Salt Lake City, Utah, at the Impact Hub. Salt Lake City has a thriving startup scene – in fact, it was named number 11 in “The 25 Best U.S. Cities for Tech Startups,” published by Entrepreneur magazine.

Utah is home to a healthy ecosystem of successful startup companies, including DomoQualtrics, and Insidesidesales.com. 

Impact Hub
150 S. State
Salt Lake City, UT