According to official news, Avalanche announced the launch of Codebase, a 12-week accelerator for early-stage founders, focusing on product, engineering, market entry (go-to-market), operations, organizational development and fundraising. The first batch of 15 startups will be selected, each receiving a $50,000 stipend to focus on building during the project.
Participants will have the opportunity to compete for a $400,000 investment prize pool at Demo Day. Currently, Codebase is open for pre-registration, and registration will be officially opened on November 27. Applications will close on February 12, 2024, and the winner will be announced on March 18.