Crypto startups no longer welcome in Nvidia’s accelerator program
Cryptocurrency companies are one of five business categories ineligible to join the program.
Nvidia’s accelerator program appears to sidestep digital assets startups, with its help section listing crypto-focused companies as ineligible to join the tech giant’s global network of founders.
According to the program website, crypto companies and four other types of businesses are excluded from participating in Nvidia’s Inception: consulting and outsourced development firms, cloud service providers, resellers and distributors, and companies that are already public.
The move indicates a shift in Nvidia’s policy regarding crypto startups in its accelerator program. For instance, in 2018, the company accepted Ubex — a startup combining blockchain and AI for digital advertising — in its Inception program.
A Nvidia spokesperson declined to comment on the eligibility policy. The Inception Program is designed for companies younger than 10 years in all stages of funding.
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