Y Combinator, a California-based investor that provides initial funding to startups, is offering a new schedule for the new year. According to TechCrunch, Y Combinator’s modified calendar will reflect updates to the once annual Startup School, which will now be offered several times per year. The move has the potential to push more startups through the investor’s online training process, which ultimately grooms them for Y Combinator’s accelerator program.
Startup School is true to its name, offering startups video chats, lectures from industry leaders and company staff, access to other founders, and the ability to network with other startups. School culminates with a founder project demonstration, attended by investors and media representatives. Program alumni benefit not only from tutelage they receive, but also from their ability to apply to Y Combinator’s grant program. The program, which is currently being reassessed, has recently offered founders grants of $15K.
Y Combinator is a global investor, with nearly one-third of its startup founders hailing from locations outside of the United States.