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Draper backs Cardano accelerator with $70K funding
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Draper backs Cardano accelerator with $70K funding

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  • Draper University has partnered with Cardano (CRYPTO:ADA) and Orion Fund on the Apex Growth Accelerator.
  • Selected startups can receive up to $70,000 for a 3.5% equity stake.
  • Applications close on September 1, with the 10-week programme starting October 5.

Draper University has partnered with Cardano (CRYPTO:ADA) and Orion Fund to launch the Apex Growth Accelerator.

The 10-week programme will take place at Draper University’s campus in San Mateo, California.

Selected startups can receive up to $70,000 in funding in exchange for a 3.5% equity stake.

The programme will focus on startups working on real-world asset tokenisation and institutional decentralised finance.

Applications close on September 1, with final admission notifications due on September 10.

The programme is backed by Orion Fund, an $80 million strategic fund announced in April 2026.

The programme is scheduled to begin on October 5 and will include technical mentoring and business networking.

At the time of reporting, Cardano price was $0.21.

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