Alliance Crypto & AI Accelerator — Frequently Asked Questions
Answers to the questions founders most often ask about Alliance Crypto & AI Accelerator — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What type of startups is the Alliance Crypto & AI Accelerator looking for?
The accelerator is seeking ambitious startups building within the crypto, artificial intelligence (AI), or Web3 sectors. This includes projects in fintech, payment APIs, and B2B SaaS leveraging AI.
How much funding does the program provide?
All admitted startups receive an immediate investment of ₹4.5 Crore (approximately $500,000 USD). This funding is structured as a SAFE (Simple Agreement for Future Equity) at a $5 million post-money valuation, and includes a 1:1.25 token side letter.
Does the Alliance program take equity in participating startups?
The funding is provided via a SAFE (Simple Agreement for Future Equity), which is an investment vehicle that typically converts into equity at a later funding round. While it doesn't involve an immediate equity stake, it is an investment with the expectation of future equity conversion.
What is the duration and format of the accelerator program?
The program lasts for 10 weeks. It begins with an intensive 2-week in-person residency in New York City, followed by 8 weeks of remote participation that includes weekly check-ins, workshops, and lectures.
Are solo founders eligible to apply for this program?
Yes, solo founders are strongly encouraged to apply. The program values founder talent and vision, and has successfully supported individual founders in previous cohorts.
What is the application process and timeline?
Applications are reviewed on a rolling basis throughout the year. After submission, Alliance mentors conduct an initial review within one week. Promising teams are then invited for a 15-minute Zoom interview. Final decisions are communicated via email within one to two business days after the interview.
What are some of the key benefits offered beyond funding?
Beyond the ₹4.5 Crore investment, participants gain access to a tailored curriculum, a Demo Day, an extensive alumni community, networking opportunities, over 90 deals on cloud credits (from AWS, Google Cloud, OpenAI), and specialized visa/immigration legal guidance.
Is there a cost to participate in the Alliance Crypto & AI Accelerator?
No, the program is entirely free for selected startups to participate in.
Where can I apply for the Alliance Crypto & AI Accelerator?
Applications can be submitted via the official Alliance website, which details the streamlined application process.
What is the application deadline for Alliance Crypto & AI Accelerator?
Alliance Crypto & AI Accelerator runs on a rolling basis with no fixed deadline — applications are accepted on an ongoing basis. Check the official site to confirm the window is currently open.
Is DPIIT recognition required for Alliance Crypto & AI Accelerator?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Alliance Crypto & AI Accelerator, though having it can strengthen your application and unlock other benefits.
Who offers Alliance Crypto & AI Accelerator?
Alliance Crypto & AI Accelerator is offered by Alliance, a startup accelerator. It is provided as non-dilutive funding.