Hi Karolina, thanks so much for summarizing this, it’s great to see the changes at a glance and exciting to see how the program is evolving. Two questions regarding the process:
When you say you’re able to process early applications sooner, does this mean that early applicants will get earlier responses? If so, do you have a time frame from submitting the application to receiving the response?
Since you were recruiting for this year’s summer cohort last fall already, would you be able to say how many spots you are still looking to fill?
Hi there, thanks for your question! As Talent Systems Specialist, I’m happy to answer them:
The main benefit will be going through the earlier stages sooner. Acceptance letters will be sent out by mid-May at the latest, but earlier for people who make it to the final stages sooner (i.e., apply earlier and send in their test tasks etc. earlier). I can’t say anything more precise than that as the total time we need to process all candidates through the entire application round will still depend largely on how many applications we get and how high the quality of the pool is—this varies from round to round from ~700-3000 initial applications.
This is correct—we always recruit for two program rounds during each application round (so there is some flexibility for candidates and for us to recommend a particular program cohort and cause area combination to each future incubatee). We are usually looking for cohorts between 8-20 people (ideally 14-16) and have already accepted 3, so there are between 5 and 17 spots left for the July/August 2023 cohort and 8-20 for Feburary/March 2024. However, if we find someone who we think is a great fit and their test tasks and interviews are really exciting, we will never not accept them. Amazing founders are our bottleneck!
Would love to see you put in an application if you’re interested!
Hi Karolina, thanks so much for summarizing this, it’s great to see the changes at a glance and exciting to see how the program is evolving. Two questions regarding the process:
When you say you’re able to process early applications sooner, does this mean that early applicants will get earlier responses? If so, do you have a time frame from submitting the application to receiving the response?
Since you were recruiting for this year’s summer cohort last fall already, would you be able to say how many spots you are still looking to fill?
Thanks in advance!
Hi there, thanks for your question! As Talent Systems Specialist, I’m happy to answer them:
The main benefit will be going through the earlier stages sooner. Acceptance letters will be sent out by mid-May at the latest, but earlier for people who make it to the final stages sooner (i.e., apply earlier and send in their test tasks etc. earlier). I can’t say anything more precise than that as the total time we need to process all candidates through the entire application round will still depend largely on how many applications we get and how high the quality of the pool is—this varies from round to round from ~700-3000 initial applications.
This is correct—we always recruit for two program rounds during each application round (so there is some flexibility for candidates and for us to recommend a particular program cohort and cause area combination to each future incubatee). We are usually looking for cohorts between 8-20 people (ideally 14-16) and have already accepted 3, so there are between 5 and 17 spots left for the July/August 2023 cohort and 8-20 for Feburary/March 2024. However, if we find someone who we think is a great fit and their test tasks and interviews are really exciting, we will never not accept them. Amazing founders are our bottleneck!
Would love to see you put in an application if you’re interested!
All the best,
Judith
Thank you so much Judith, this helps a lot!