UpCraft Club lands spot in top-five startup accelerator program
Elizabeth Caven, founder of UpCraft Club, has landed a spot in the 500 Startups Batch 16 program. The venture capital seed fund and startup accelerator is considered one of the top five programs worldwide, according to the Greater Des Moines Partnership. The program started this month in San Francisco. Caven, a client of the Square One DSM accelerator, also was recently named a national finalist in the U.S. Small Business Administration’s InnovateHER: Innovating for Women Business Challenge. UpCraft Club is a sewing association and curated pattern shop for people who use digital sewing patterns. The accelerator investment for Batch 16 is $100,000 net of fees, or $125,000 gross for a 5 percent company stake. The mentor network consists of 1,000 company founders and more than 200 mentors from diverse backgrounds worldwide. Read more details, and the full batch roster here.