DraperU x Stellar: Astro Hacker House
Supporting the growth of the best Web3 innovators!
We are on the lookout for innovative Web3 teams to come join our 3-week Silicon Valley summer program and receive a $20,000 (equity free grant) + $2,000 flight coverage
→ Learn from Web3 industry experts on topics like:
- Business & Products
- Creating an MVP (Business model, market analytics, what and how we prioritize)
- Customer Discovery & PMF (Product Market Fit)
- Tokenization
- Growth & Sales
- User acquisition, community building, leveraging partnership
- GTM (Go To Market) Strategy
- Hiring / Talent management
- Growth hack mindsets (How can we make x100 growth?)
- Fundraising
- Relations management with investors (Tools, methods, expectations)
- Communication
- Story telling (Narrative settings for different audience, pitch decks, materials, public speaking/ communication)
- Marketing, PR, branding, positioning
- Deep dive into the local contexts & Mindsets
- Networking (with other solid founders, investors and industry experts)
- Get familiar with the geography in Silicon Valley (Bay Area)
- Get familiar with the narratives in Silicon Valley
- Mindset building as a founder in the founder journey
→ Potential to get investment from the Draper Venture Network
→ What’s in it for you?
- 3-week Program in the center of Silicon Valley
- $20,000 in funding to kickstart your project
- $2,000 in flight coverage per selected team
- 20-30 companies will be selected: from ideation, MVP, pre-seed
- Co-living experiences in the largest community space for entrepreneurs
- Accommodation will be fully *covered by DraperU
- The details of the location / accommodation: Check HERE
- Company building AMAs & workshops
- 1:1 mentoring with industry experts
- Demo day with Draper VCs / investors in Silicon Valley
Program Timeline (2025) in PT
- Deadline to apply: June 11 (Wed)
- Selection day: June 17 and June 18 (Tue - Wed)
- Top 40 Selected, invited to the Screening Committee by June 16 (Mon)
- Final offers / Final result announcement: by June 25 (Wed)
- Some waitlisted startups might be moving forward at some point. Please wait for a final result till June 25 event if you are not selected to move forward to the screening committee.
- Program kickoff: July 14 (Mon)
- Check-in: July 11 - 13 (Fri - Sun)
- Demo Day: The week of July 28
- Program ends: August 1st (Fri)
- Check-out: August 2-3rd (Sat - Sun)
*Upon completion of this program, there is a chance to receive investment if you successfully meet the milestones in the program and our criteria.
Ready to apply? Apply directly below or book a call with our Web3 Program Managers.
Applications are due by the end of June 11th (Wed), 2025 in PT.
Intro Call (opening in May)
FAQ
- About Grant (Equity free)
- *You will receive this grant in $20,000
- This grant is for you to cover expenses including meals and travel to join us in Silicon Valley. The payment will be split into multiple equal payments and dispersed between the beginning of the program and the time after the end of the program. The terms and conditions will be communicated in a participant agreement with selected startups.
- Our Accommodations / Facility
- The cost of accommodation is all covered by Draper University. This includes the accessibility to a gym, game room, two co-working spaces (24/7 open), wifi, shared kitchen with a walk-in fridge and freezer, private bathroom and shower per room, linens & towels, pool, barbecue patio and any coverage of cost for utilities. There is no additional cost for participants to use all the facilities listed here.*
- In the shared kitchen, we provide coffee and water for free. You can also use plates, pots & pans that you can use to cook your own meals.
- Our location is the center of everything. There are several grocery stores you can reach by a few minutes walking distance with plenty of restaurants and cafe options without spending additional costs for transportation.
- What Kind of Expenses Should We Be Aware of?
- *Expenses for everyday meals are mainly not covered by us, except certain group meals as a part of some sessions or occasional events for socializing purposes within the cohorts.
- The expenses for flights to come to the US or Bay Area will covered by us up to $2,000. If it exceeds the amount, each company should allocate the budget for the travel on their own.
- The laundry room is available to use. The cost is $1.5 per usage.
- Medical insurance is NOT included. Highly recommended to have one for each as the medical expenses in the US are considered as high compared to other countries.
- You will be in charge of their transportation costs like train, bus, Uber/Lyft. The train and bus usually cost $2-12 one way.
- How Are We Expected to Spend the Grant?
- As it will be given in the form of an equity grant, you will be expected to only spend what is necessary for your stay (airfare, food, medical expenses, etc), and that the rest should be spent to kickstart your business. The additional costs of flights (if it exceeds $2,000), everyday meals, and other expenses like medical insurance, are not provided by Draper University. Each participant will be expected to be fully responsible for their own living expenses for the duration of the program.