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DigitalOcean Launches Hatch – An Online Incubator Program For Startups

DigitalOcean has announced the launch of a brand new online incubator program geared towards supporting startups. Meet Hatch – a unique startup program which not only offers participants access to DigitalOcean cloud for up to 12 months with a credit up to $100,000; but it also offers up free technical training and 1-on-1 mentorship – helping to provide an educational experience along with offering infrastructure credits.

Use of the cloud has significantly decreased the capital required to start a business, yet still remains one of the largest expenses founding teams face in the early days,” DigitalOcean co-founder and CEO Ben Uretsky said in a statement. “We got started as part of the Techstars accelerator program so we understand, firsthand, the challenges and what it takes to launch and scale a company. That’s why we’re supporting the next generation of startups in getting their products off the ground.

Currently Hatch is rolling out as a pilot beta supporting a small group of 100 startups. In the future Hatch will be opened up for more applicants. If you wish to apply, there are a few requirements you will need to meet:

  • You must be backed by a partner accelerator, incubator, or VC firm.
  • Less than 24 months in company duration.
  • Less than $10 million raised, up to Series A.
  • Startups who’ve received previous DigitalOcean promotional credit may not be eligible to receive additional credit.

If you think you have what it takes, apply to Hatch here.

About Michael Boguslavskiy

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Michael Boguslavskiy is a full-stack developer & online presence consultant based out of New York City. He's been offering freelance marketing & development services for over a decade. He currently manages Rapid Purple - and online webmaster resources center; and Media Explode - a full service marketing agency.

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