500 Startups is looking for its Next Batch of Tech Startups

A couple a days ago investment fund and seed accelerator 500 Startups announced the launch of their 7th batch looking for tech startups.

The California based group plans to invest in between $25,000 to $250,000 is early stage technology companies.

500 Startups is once again using an application process through AngelList as the sole way to apply to the program, which it started last year to gain more startups from outside the US.

There is a deadline, the applications will be accepted only upto August 16th at 11:59pm PST. Once the applications are received, the team members of investor 500 Startups will start contacting the startups and conduct interviews. Make sure you have done all the research and you are real good to get contacted.

The interview process will start on August 26th and the Final results will be announced by September 9th.

As a startup, make sure you have a solid team, clear revenue models and you need to be focus on building businesses in any of the following areas.

• Consumer & Commerce

• SMB / SaaS

• Family Tech

• Education

• Marketing / Distribution services

• Video Content & Infrastructure

• Language / International

• Mobile / Tablet

• Financial Services / Payments

• Food Tech

That’s enough amount of talking. Now you want to get in and join hands with some ace mentors, fill in the application, plan it out and start working.