The Founder Institute, the world's largest startup accelerator, is proud to announce that it has partnered with PayPal for their Startup Blueprint program. Announced at SXSW, PayPal's Startup Blueprint partners with the top tier startup incubators, accelerators, and venture capitalists to help early-stage startups grow. The story of the partnership was reported by Josh Ong on The Next Web.
Other partners include TechStars, 500 Startups, SeedCamp, and more.
The Startup Blueprint program allows for startups that graduate through the Founder Institute program to have PayPal fees waived for up to $1.5 million in payments and up to $100,000 on Braintree which amounts to $50,000 in potential savings. To be eligible, the company must be privately held and have less than $3 million USD in annual revenue or be less than 5 years old.
To find out more about PayPal's Startup Blueprint program, please visit the official website.