Cratejoy was built to help people start subscription box businesses and to make subscriptions accessible in a way they had never been before. As a frontrunner in the recurring revenue space, Cratejoy helps entrepreneurs monetize their creative potential by curating experiences around their passions.
After spending six years analyzing the subscription box market and learning from merchants and customers, the information we’ve gathered culminates now in the launch of our new Subscription Box Accelerator program. This program builds on Cratejoy’s private prelaunch program, which earned participants 4 times more revenue than the average subscription box post-launch.
The Cratejoy Subscription Box Accelerator is a 6-week program for entrepreneurs to launch subscription box businesses. In addition to education and community, participants receive access to Cratejoy’s world-class data and tools, network, and expertise to launch and scale their boxes and operations to achieve exceptional growth. At the end of the program, prizes will be rewarded to three participants.
We are now accepting applications for the Accelerator Program through Sunday, August 12th, 2018 at 11:59pm CST. The program will begin on Tuesday, September 4th and run through Friday, October 12th.
About the Program
- 6-week program consisting of education and mentorship from successful subscription box entrepreneurs and Cratejoy team members
- Mentorship will include guest speakers and webinars for specific topics, including:
- Prelaunch
- Business Planning
- Pricing Strategy
- Product Sourcing
- Box Packaging
- Marketing
- Shipping
- And more!
- Members-only accelerator program Facebook group
- Access to exclusive, industry-specific partnerships
- Weekly office hours hosted by industry experts and the Cratejoy team
Upon completion of the program, you will be expected to launch publicly within three weeks.
How to Apply
We’re looking for hardworking, driven, and passionate entrepreneurs. You must be willing to commit to a 6-week program starting Tuesday, September 4th, 2018 and be prepared to launch your business within three weeks of the program’s completion.
To apply, visit the Subscription Box Accelerator application and complete the application on or before Sunday, August 12th, 2018 at 11:59pm CST. Winners will be announced Tuesday, August 28th and the program begins on Tuesday, September 4th.
With this application, we require a unique 90-second video answering the questions below. We care about the quality of your answers, not about your editing and post-production skills.
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What is the inspiration to launch your company?
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What major problems, challenges or opportunity does your company address?
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How can the Subscription Box Accelerator program help you launch and bring your subscription box to the next level?
How will we choose participants?
Viability of idea: We want to make sure that your idea is not only great, but you are the right person to execute your box. To be chosen, you must have already done your research for your target market and have a unique offering.
How prepared you are: We want to work with entrepreneurs that are ready to dedicate 6 weeks to launching their box successfully. Since we’re expecting you to launch after the program, we want participants ready to dive in and execute a successful launch.
Can we market your box? Since we’ve been running the Cratejoy Marketplace since October 2015, we have a pretty good idea of what will work. We know which niches have high demand but low supply, and we want to fill the spaces in the market.
What’s the timeline?
Here is the estimated timeline for the program. Please keep in mind that this calendar may change.
Monday, 7/30: Applications Open
Sunday, 8/12: Applications Close at 11:59pm CST
Week of 8/27: Participants Announced
Tuesday, 9/4: Program Begins
Friday, 10/12: Program Ends
Prizes for Participants
Upon completion of the course and a successful launch, all participants will receive:
- 3 months free on the Cratejoy platform
- 50% off boxes from Arka
- Exclusive deal from StickerMule
We will also reward a Grand Prize, a Runner-Up Prize, and a Community Prize at the end of the course. A preselected Cratejoy committee will be choosing the winners.
Grand Prize
The winner of our Grand Prize will receive the following:
- $10,000
- 2 Tickets to SXSW 2019, as well as round-trip airfare
- 1 Year of VIP Membership to the Subscription Trade Association (SUBTA)
- 2 Tickets to SubSummit 2019, the annual subscription industry conference
- 2 hour coaching session with Christopher George, SUBTA Chairman
- Automatic spot in the 2019 SubSummit Pitch Competition
- Exclusive photo package and website consultation with Allie Dorobis Photography (valued at $600)
- DYMO Turbo Printer
- 350 free boxes from Arka
Runner-Up Prize
The winner of our Runner-Up Prize receives:
- $5,000
- 1 Year of VIP Membership with SUBTA
- 2 Tickets to SubSummit 2019
- 2 hour coaching session with Christopher George, SUBTA Chairman
- DYMO Turbo Printer
- 250 free boxes from Arka
Community Prize
The winner of our Community Prize will receive:
- $2,500
- 1 Year of VIP Membership with SUBTA
- 2 Tickets to SubSummit 2019
- 2 hour coaching session with Christopher George, SUBTA Chairman
- DYMO Turbo Printer
- 100 free boxes from Arka
Interested in applying?
Fill out our Subscription Box Accelerator application by Sunday, August 12th at 11:59pm CST!
