The Powerhouse accelerator runs twice a year, from January to June, and July to December. To participate in the program, you must be based in or willing to re-locate to the Bay Area. Applications for the 2017 Fall cohort are now closed.
When the next cohort's application opens, please be sure to include all required content listed below. Click on each item below for details.
After the inital screening, we will invite applicants that seem most promising to meet us and our Selection Committee at our HQ in Oakland.
Once accepted to the program, we write your check halfway through the program. This ensures that if you flop within the first three months, we don’t lose our cash.
After graduating the Accelerator Program you can join our Incubator, as many accelerator grads have, and continue to call Powerhouse your solar+ startup home.
1. Summary of Deliverables
10 slides (one slide per number below - 15 slide max)
20 minute presentation (if asked to present in person)
30 point font (minimum)
Startup Name and Logo, Your Name, Title, Email, Cell
What do you do? (In 140 characters or less)
3. Problem and Opportunity
What pain are you alleviating?
What are you enabling that people couldn't do before?
4. Value Prop
How do you turn your customers' pain into pleasure?
What do you sell?
Summarize your value prop in one sentence including what, how, and for whom
5. Underlying Magic
Describe the technology (what's your secret sauce?)
Show prototype / demo
How far along is your product (alpha, beta, in customers’ hands)?
How long have you been working on it?
What points of product traction do you hope to achieve in the next 6 months?
How many users do you have?
6. Business Model
How will/do you make money?
Who pays you?
What are your channels of distribution?
What are your gross margins?
What is your total addressable market?
Who's using your product?
7. Go to Market Plan
How will you reach your customers?
What are your marketing leverage points?
8. Competitive Analysis
Who are your current or likely competitors? Include key differentiators.
9. Management Team
Differentiate between full time and part time
What is your team’s domain expertise in this area?
How long have the founders known one another?
Expected hires in the next 12 months
Board of Directors
Board of Advisors
10. Financial Projections and Key Metrics
3-5 Year Forecast
Dollars and key metrics including number of customers and conversion rates
11. Current Status
Accomplishments to date
Intellectual property status
Timeline for capital raise
Use of funds
12. Supporting Documents
3-5 Year Financial Model (required)
Income Statement & Balance Sheet (if applicable)
Five References (required)
Name, Title, Company, Email, Phone
Founder Team Resumes (required)
Limit one page each
60 second video (required)
Introduce yourself. Explain what you’re doing and why. Tell us what you want us to know about you and your startup. Upload it to youtube; you can mark it as unlisted but don’t mark it as private or disallow embedding. Video should be just the founders talking and nothing else. Make sure we can hear you.