Berkeley SkyDeck Accelerator leverages UC Berkeley’s vast resources alongside a robust network of investors and seasoned entrepreneurs to help startups rapidly scale. Each cohort welcomes a select group of promising early-stage ventures, offering support from the Berkeley SkyDeck Fund as well as unparalleled access to the university’s alumni network, research facilities, and technical talent. Whether you’re an international founder or UC Berkeley–affiliated, SkyDeck prioritizes globally diverse, high-potential startups positioned to raise institutional funding.
SkyDeck Accelerator Overview
- Investment: $200K from the Berkeley SkyDeck Fund in exchange for 7.5% equity (often structured as a SAFE).
- Timeline: A six-month acceleration program, culminating in a Demo Day attended by 600+ investors.
- Requirements: Cohort companies typically have early traction and are close to raising their first significant institutional round.
SkyDeck Accelerator Eligibility Requirements
SkyDeck is extremely selective, with an acceptance rate of around 2%, admitting only 20-25 startups per batch. Below are the key eligibility requirements.
- Global Reach: Startups from all over the world are encouraged to apply. Historically, two-thirds of SkyDeck teams hail from outside the U.S.
- Industry-Agnostic: All verticals are welcome—consumer apps, enterprise tech, digital health, deep science, and more.
- Readiness for Acceleration: Successful Cohort applicants typically have previous funding (angel or outside VC), or at least a strong MVP with early traction.
- High Growth Potential: SkyDeck’s focus is on ventures that can attract institutional investment (Seed or Series A) soon after the program.
SkyDeck Accelerator Application Process
- Online Application: You’ll share your startup’s vision, traction, team background, and fundraising status. Indicate whether you’re applying for the Cohort or Pad-13 program.
- Screening & Interviews: If shortlisted, you’ll be invited to pitch virtually or in-person. Prepare to discuss your product strategy, competitive advantage, and market opportunity in depth.
- Final Selection: Twenty or so companies are chosen for the Cohort track every six months. Pad-13 startups are also selected in parallel, typically ranging between 60 and 80 teams.
Pro Tip: Emphasize any unique technological or scientific edge, especially if you’re leveraging UC Berkeley research or have a strong, specialized team. SkyDeck values founders who showcase clear problem-solution fit and the potential for long-term impact.
SkyDeck Investment Terms
- Cohort Funding: $200K for 7.5% equity.
- Follow-On Investment: SkyDeck Fund can invest up to 10% of a company’s first institutional funding round.
- Program Fee:
- Cohort: $5,000 per startup
- Pad-13: $500 or 1% equity in lieu of the fee
This combination of funding, expert mentorship, and Demo Day exposure can jumpstart your startup’s journey, especially if you’re aiming for a $2–10M round post-acceleration.
Why Berkeley SkyDeck?
- UC Berkeley Network: Tap into 500,000+ alumni and industry influencers for partnerships, recruitment, and product validation.
- BAM (Berkeley Acceleration Method) Program: A practical, experience-based curriculum covering product strategy, go-to-market, fundraising, and more.
- Expert Advisors & Mentors: Cohort startups are paired with dedicated Key Advisors. Over 600 SkyDeck Advisors offer domain-specific insight across AI, consumer tech, enterprise solutions, biotech, and beyond.
- Campus Resources: For deep-tech or science ventures, access UC Berkeley’s advanced labs, such as QB3, LBNL Molecular Foundry, and more.
- Global Investor Reach: Demo Day draws hundreds of angels, seed funds, and international corporate VCs scouting for the next breakout startup.
Tips for a Winning SkyDeck Application
- Highlight Early Traction
- Show concrete user metrics, pilot programs, or revenue streams that illustrate demand.
- If you already have angel or international VC funding, emphasize that as proof of external validation.
- Demonstrate Clear Market Potential
- Provide market sizing data and a compelling case for long-term growth.
- Investors at SkyDeck look for large addressable markets and a scalable business model.
- Showcase Team Expertise
- Stress the technical or industry background of each founder.
- Share notable achievements (e.g., prior startup successes, patents, or research breakthroughs).
- Establish a Vision for Scale
- Highlight your plan to move from early MVP or pilot to a successful institutional round.
- Outline how $200K (or additional follow-on) will accelerate your roadmap.
- Leverage UC Berkeley Connections
- If you have UC affiliation (alumni, faculty, research ties), emphasize it.
- For non-UC applicants, mention any synergy with Berkeley’s resources or research labs you hope to utilize.
- Refine Your Pitch
- Practice a concise, investor-ready pitch deck.
- Anticipate questions about competition, product roadmap, and financial runway.
FAQs
1. Do I need prior funding to get accepted?
Not necessarily, but most successful Cohort candidates have raised angel or outside VC funds. Having traction or strong technology can also compensate for fewer funds raised.
2. Can I apply if I’m not interested in the $200K?
Yes. You can apply for Pad-13 if you don’t need immediate capital. You’ll still access many of SkyDeck’s resources and can receive potential investment in later rounds.
3. Are there specific industries that SkyDeck prefers?
SkyDeck is industry-agnostic—from consumer and enterprise to biotech and deep science. They focus on startups that can grow rapidly and attract future VC investment.
4. What if my team is located outside the U.S.?
International teams are welcome—historically, around half of SkyDeck startups originate outside the U.S. The Berkeley network can offer a strong landing pad in Silicon Valley.
5. How long does the program last?
The Cohort and Pad-13 tracks each run for six months. During this period, you’ll attend workshops, office hours, and pitch at Demo Day.
Final Thoughts on Getting Into Berkeley SkyDeck Accelerator
Earning a spot in Berkeley SkyDeck Accelerator means gaining a powerful launch platform for your startup, bolstered by UC Berkeley’s extensive alumni network and a hands-on mentor community. By demonstrating clear market potential, a strong team, and readiness for institutional funding, you’ll maximize your chances of being accepted into one of the most reputable university-affiliated accelerators in Silicon Valley.
Ready to apply? Start refining your pitch, gather proof of traction, and let Berkeley SkyDeck help you transform your vision into a venture-scale reality.
