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	<title>Startup Addict &#187; startup money</title>
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		<title>Seed Program at Spark Capital</title>
		<link>http://www.startupaddict.com/startups/vc/seed-program-at-spark-capital/286</link>
		<comments>http://www.startupaddict.com/startups/vc/seed-program-at-spark-capital/286#comments</comments>
		<pubDate>Tue, 31 Mar 2009 02:51:08 +0000</pubDate>
		<dc:creator>Tod Whipple</dc:creator>
				<category><![CDATA[VC]]></category>
		<category><![CDATA[seed money]]></category>
		<category><![CDATA[spark capital]]></category>
		<category><![CDATA[startup money]]></category>

		<guid isPermaLink="false">http://www.startupaddict.com/blog/?p=286</guid>
		<description><![CDATA[
Spark Capital has launched a seed program for entrepreneurs called Start at Spark and will fund a convertible loan up to $250,000 bucks (converted to equity at a 20% discount in the second round of funding). 
This is very similar to the CRV start program at Charles River I touched on a couple years ago. [...]]]></description>
			<content:encoded><![CDATA[<p><a href='http://www.startupaddict.com/wp-content/uploads/2009/04/spark.jpg'><img src="http://www.startupaddict.com/wp-content/uploads/2009/04/spark.jpg" alt="" title="spark" width="86" height="22" class="alignleft size-medium wp-image-295" /></a><br />
Spark Capital has launched a seed program for entrepreneurs called <a href="http://startatspark.com/">Start at Spark</a> and will fund a convertible loan up to $250,000 bucks (converted to equity at a 20% discount in the second round of funding). </p>
<p>This is very similar to the <a href="http://www.crv.com/quickstart">CRV start program</a> at Charles River I touched on <a href="http://www.startupaddict.com/blog/startupaddictcom/the-startup-funding-dream-the-silver-lining-in-startupaddict/6">a couple years ago</a>. It&#8217;s great to see quality Venture Capital going after early stage startups especially in these economic times. Spark Capital is headed by Todd Dagres somone I&#8217;ve always admired and spoke to from time to time when I was a producer at Scout in Boston. <a href="http://thefunded.com/funds/show/Spark+Capital?view=search#deals">Thefunded</a> has rated Spark a 3.3 out of 5 with most entrepreneurs generally pleased with the pitching process and the associates there. </p>
<p>So what are you waiting for&#8230;get your apps in to <a href="http://startatspark.com/">Start@Spark</a></p>
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