Applications for the 2024 cohort are closed, stay tuned for 2025 details.
Your participation in CoBuilders starts with a local partner. Click here for details about each statewide partner and how to get in touch to participate in a local qualifying pitch event or contact April Dixon at adixon@innovate.ms for more details.
2024 Timeline
April 8th-12th
Pitch Event at MSU E-Center Starkville
May 6th
Pitch Event at The Bean Path
May 10th
Pitch Event at Higher Purpose Co.
May 17th
Pitch Event at Mississippi Polymer Institute
May 22nd
Pitch Event at MSU E-Center Vicksburg
May 31st
Pitch Event at The Meeting Place
June 12th
Pitch Event at Oxford / Lafayette Economic Development Foundation
June 17th
Pitch Event at CDF
CoBuilders Starts with a Local Partner
The road to CoBuilders begins with our partners. Companies interested must first apply to pitch at one of their 8 regional pitch events. If selected, at the very least you will have the chance to win cash and exposure for your business. If you meet our CoBuilders requirements listed below, you will also be considered for a spot in the main cohort. Each partner may have different criteria for their event, applications to apply are listed below and are also included in the partner’s information section on the partner’s tab.
Why would my company participate?
Companies selected for the statewide CoBuilders’ Cohort will join your fellow companies for an in-person kickoff event and a mid-term in-person event. The regular programming of the Accelerator is virtual, with the final Pitch Day as a big in-person event.
CoBuilders Requirements
Companies that will be targeted for Cobuilders MUST:
- Be headquartered in Mississippi.
- Commit to completing the cohort.
Ideal Companies:
- A team of at least 2 founders is preferred.
- Capability to achieve investor-ready status by the end of the 12-week cohort
- Companies likely to target investor funding between $100k and $600k by Pitch Day
- High-growth innovation and technology companies.
- Capability to produce a sufficient minimally viable product or product representation within the first few weeks of the cohort for customer validation.
- Able to use limited funding from the cohort to achieve meaningful progress.
- Seeking structured development assistance to overcome technology, market, or financial risk.
Companies that are accepted into CoBuilders will:
- Receive investment ($22k-$45k) in the form of a SAFE Agreement;
for more information on SAFE agreements, please see the y-combinator website ; use this link to read SAFE agreement document.
- Have funding opportunities from local sponsors, MS Seed Fund, and other sources as applicable.
- Participate in 12- week curriculum and receive invaluable coaching and mentorship.
- Have the opportunity to pitch on November 19th to investors.
- Guidance through an intensive curriculum designed to develop companies into investor-ready deals
- Structured interactions with business leaders and investors
- Weekly assistance from experienced mentors to provide guidance and advice
- Assistance from service providers, such as accountants, marketing firms, etc. based on company needs
- Continued assistance and support from the regional partner organization
During the 12-week Cohort:
- Minimum of $22,000/company in investment funds upon signing a SAFE agreement at $1.5M valuation cap.
- Access to the Mississippi Seed Fund Proof-of-Concept Loan Fund for $10,000 if the business qualifies
- Minority and women-owned businesses may have additional capital
- Access to investors for practice pitches and networking
- Regional partners may provide additional direct financial support in some cases.
- Pitch for investment to a large gathering of angel investors and funds from Mississippi and surrounding states
- Access to the Mississippi Seed Fund up to $100k investment if qualified
- Private networking opportunities with investors and fund managers
- Nominal cash awards of $500-$1000 will also be given for various themes and categories
If you are a company ready to apply through CoBuilders or you are a mentor ready to lend your expertise, you can see a preview of the steps and processes we’ll be working on through the CoBuilders Accelerator through this recorded webinar.