Highland Capital Partners has launched the fifth edition of its summer startup program.
Summer@HIGHLAND (http://www.hcp.com/summer/) is a 10-week entrepreneurship program that offers university-affiliated startups $15k in funding and office space in the firm’s Cambridge or Menlo Park office. Teams will also have the opportunity to work with the Highland team and their network of founders.
Highland will not take an equity stake and startups are under no obligation to it after the summer.
The program targets teams that are pursuing a large addressable market opportunity with a product/service that has the potential to be highly-disruptive in areas such as SaaS, internet/digital media, e-commerce, mobile, payments, social media, infrastructure, energy efficiency, robotics, healthcare IT, advanced materials & semiconductors.
There are two application deadlines: Early (March 1, 2012 at 11:59pm PT) and Regular (April 5, 2012 at 11:59pm PT).
Summer@HIGHLAND is open to teams with co-founders that are current undergraduate or graduate students, post graduate docs, as well as recent grads (must not have graduated earlier than December 2011). At least one participating member of the team must meet this criterion.
The program, which starts on June 4th and finishes on August 31, 2012, is opened to citizens of the United States or people who have all appropriate paperwork in place (independently of Highland) to participate in the program in the United States during the summer.