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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

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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