I saw on govclab.com that the VC Lab accelerator is free? Is that true? How do they make money to support the program?
VC Lab is free. We believe that it's necessary for the program to be free so that we can lower the barriers of entry to the asset class. The VC Lab accelerator is a product by Decile Group. Decile group also offers several application only premium programs exclusively for top VC Lab participants:
Decile Partners - Application-only program with a 94 NPS provides all of the business, legal, back office and deal review support to launch and scale an enduring VC firm without runaway costs and vendor headaches.
Decile Capital - A family of funds to back new managers worldwide. Decile Capital Premier I, the flagship fund of funds dedicated to backing the top 5% of managers emerging from the VC Lab accelerator.
Decile Partners - Application-only program with a 94 NPS provides all of the business, legal, back office and deal review support to launch and scale an enduring VC firm without runaway costs and vendor headaches.
Decile Capital - A family of funds to back new managers worldwide. Decile Capital Premier I, the flagship fund of funds dedicated to backing the top 5% of managers emerging from the VC Lab accelerator.