No, as RNOX will also help to create, capitalize, and incorporate the business, and issue the applicable shares to get things structured right. If your company is already formed, that is also fine. However, the investment made by RNOX must fit within the focus area and capital structure/terms in the program. So some recapitalization or restructuring of the company may be required.
There are several areas to hear more about Reno, Nevada, and what the region has to offer. We recommend looking at EDAWN (The Economic Development Authority of Western Nevada) www.edawn.org, and The Nevada Governors Economic Office of Economic Development (www.diversifynevada.com) as great sources of information.
For every class of companies graduating thought the program, we will have an awesome Demo Day where investors, partners, and other key-value collaborators can hear about the company. Our goal is simple, make our companies successful. And these can help get that done. The specific dates will vary, but one per class.
YES! Every company accepted into the accelerator has a dedicated office area/section (called their acceleration capsule). It is akin to a large private office and should have enough space for you and your team to operate effectively and efficiently.
Yes, all companies must have at least 2-3 of the personnel there, and will fundamentally make the RNOX facility their dedicated working space during the program.
The REAL program is a 16 Week program, broken up into 8 two week focused modules on the key subject matter and material. These modules run concurrent, so is a full 16-week program.
REAL stands for Rapid Entrepreneurial Accelerated Launch, as that is our focus. By having a dedicated program, structure, milestones, deliverables, and path, RNOX brings together the key things any company and its team needs to scale the business and operation.
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