What is the Startpath?
Startpath Global is based on what has worked best for their portfolio of startups: more flexibility, more customization, and no distractions from your current business. The programme, part of the company’s Start Path initiative, aims to give minority-led start-ups access to the support and funding necessary to scale. Startpath participants will receive direct access to the company’s channels, customers and product teams as well as tools to uncover co-innovation and growth opportunities.
What they Offer startups through the program:
- Rapid path to scale
- Dedicated support
- Unparalleled access to channels + customers
- Strategic investment
What they offer corporate members:
- Global startup sourcing and engagement
- Access to Mastercard’s annual Start Path Summit
- Thought leadership and trend insights
- Quarterly innovation review
Applicants with later stage startups in the broad fintech and commerce space must meet all of the following criteria:
- Solution – Demonstrated commercial traction, clear product differentiation and competitive advantage.
- Market – Solving real pain points for your customers, targeting a sizable market.
- Team – Strong founder team with key roles established, experienced entrepreneurs and/or track record of relevant industry expertise.
- Funding – Investment raised (seed, Series A, or later) with at least 6-12 months runway, plans to raise next institutional round in the next 18th months.
- Attitude – Global mentality, open to opportunity and mentoring.
Applicants with later stage startups in the broad fintech and commerce space must meet all of the following criteria:
- Solution – Demonstrated commercial traction, clear product differentiation and competitive advantage.
- Market – Solving real pain points for your customers, targeting a sizable market.
- Team – Strong founder team with key roles established, experienced entrepreneurs and/or track record of relevant industry expertise.
- Funding – Investment raised (seed, Series A, or later) with at least 6-12 months runway, plans to raise next institutional round in the next 18th months.
- Attitude – Global mentality, open to opportunity and mentoring.
Key features of the program:
- Six months virtual program tailored to the individual needs of your company
- No need to move from your home location
- No equity is taken up front (but an option to participate in your next round)
- Immediate access to 60+ Mastercard experts
- Connections to potential customers – global corporate brands spanning banking, retail, tech and telecoms
- Funds provided so that you have no out of pocket expenses
- Receive support from a dedicated sponsor – a Mastercard insider – who creates a pipeline that is unique and relevant to each startup, and acts as a sounding board and a relationship broker.
