Orion Startups
27 September 2016
Orion Startups is a business acceleration program for early stage startups powered by Tec de Monterrey. Its 5 months acceleration program is structured in a way that all teams must define a working plan, attend to weekly scrum meetings, startup talks, one on ones with the staff, founders meetings, plus other events. At least one member of the teams is required to stay in Chihuahua, Mexico, during the whole program. Orion invests US$30k in every team in exchange for 2% to 10% of equity in the company, and every team must cover US$8k for the accelerator program. It also provides office space, infrastructure and communication services. Orion selects 5 projects per acceleration batch.
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