FUNDING · FOUNDER GUIDE
Startup grants and accelerators: how to find and apply
Written by CofoundAlly · Updated
The short answer
Search grant and accelerator directories and government innovation agencies in the countries where you operate, then filter by stage, sector and eligibility. Grants are usually non-dilutive but competitive and tied to specific activities; accelerators typically offer funding, mentoring and a network, often in exchange for equity. Always confirm deadlines and eligibility on the provider’s official website before applying.
Dilutive and non-dilutive funding
Grants, competitions and some government programs do not take equity, but they often fund specific work, require reporting and can take months to pay out. Accelerators and investors usually take equity in exchange for capital and support. Many startups combine both.
Checking eligibility
Eligibility rules commonly cover where the company is registered, its stage and revenue, the sector, founder demographics and how funds may be spent. Read the full criteria and official guidance before writing an application; a strong application that fails eligibility is wasted effort.
Writing strong applications
Answer exactly what is asked, use the funder’s own criteria as your structure, and support claims with evidence such as customer interviews, pilots or revenue. Explain clearly how the money will be used and what it will achieve. Start early, because many programs need registrations or partner letters.
Frequently asked questions
Are startup grants free money?
Grants do not usually take equity, but they come with conditions: specific eligible activities, reporting, sometimes matched funding and repayment if terms are breached.
Do accelerators take equity?
Many do, in exchange for investment and support, but some programs, particularly government or corporate ones, are equity-free. Check each program’s terms.
How do I know if a funding call is still open?
Check the provider’s official website. Deadlines change and rolling programs can close when funds run out, so treat directory listings as a starting point.
Next step
Explore grants, accelerators, loans and investor pitch routes in the CofoundAlly funding directory, filtered by market, stage and sector.
This guide is general information, not legal, tax or financial advice. Rules differ by country; check with a qualified professional before acting.