Greenstart, a San Francisco, CA-based startup accelerator for cleantech-IT companies, is accepting applications for its Fall 2012 program.
It will offers startups the opportunity to receive a $100k convertible note in addition to a $15k seed investment upon joining the program. The convertible notes will be drawn from a $6m fund, which will cover the next 60 companies in the program. The investment is effective immediately, and has been offered to the five companies in the current program in addition to those seeking to join the next (the third) program.
Companies will receive mentoring, networking, in-house design services and a total of $115k in funding.
Greenstart focuses on companies operating in four areas:
– smart grid,
– the built environment,
– transportation, and
– consumer services.
The deadline for submission is April 11th. Startups can apply at www.greenstart.com/apply.