Startups that could be competitors will never be accepted and part of Sting at the same time. However, once a startup has left us and become alumni, after six months we could accept and work with another company that has a similar business idea.

For companies where technology is the core of their business, it is crucial to have their tech in-house. On the other hand, for companies where technology is a means to solve a problem, outsourcing software development can be an option to extend their capacity, although it carries some risks.

We do our best to get back to you as soon as possible, however it depends on the availability of the coaches. Also keep in mind that late applications are often coming in during holiday periods, which may slow down the response time even more. But please be patient, we will email you as soon as your application has been reviewed.

If you submit an application after the deadline, your application is automatically tagged as “late”. You will still get evaluated based on your merits, but late applications are generally competing for fewer slots, which means it will get harder to get accepted the later you apply. It will also take longer for us to get back to you, as the process is already ongoing. 

Late applications are those submitted after the application deadlines (typically June-Sept or Dec-Jan).

Contact Emanuel Andersson, CEO of Propel Capital, for more information on when and under what conditions it is possible to invest in Propel Capital. Read more about Propel Capital here.