The main HS.B1 application period closed on 1st January with over 1,100 applicants. Luckily HS. does accept late applications. As not many people know this we have outlined the implications of submitting an application 'late' in this blog post.
Why allow late applications?
Simply put we want to help the best people. We allow late applications as we are entrepreneurs ourselves and know that startups are usually busy executing at their own pace, often moving very quickly. As such, it makes sense for us to allow teams to apply to HS. whenever they believe we can add the most value. Equally we appreciate that not everyone finds out about our programmes in time and we want to allow for outliers and wildcards (that's kind of what we are about).
While we do accept late applications, we still strongly encourage founders to apply during normal application periods. On-time applications get the most partner attention, the quickest response time, and the best shot at getting accepted into the next cohort.
Late applications are those submitted after the application deadlines. If you submit an application after the deadline, your application is automatically tagged as “late”.
Do you get penalised for submitting late applications?
No. Your application will be reviewed on the merits of its content and not on its timing. You lose out on
i) responsiveness – it will take us longer to get back to you since we received your app outside of the dedicated time set aside for application processing,
ii) coverage – fewer partners review late applications which means there's a greater chance they'll miss your value prop, and
iii) acceptance rate – late applications are generally competing for fewer slots, so it's harder to be accepted the later you apply.
What happens when I submit a late application?
Late applications will be processed ad-hoc, based simply on the availability of the partners to read and review it. We review all late applications with the same criteria as on-time applications, the only difference is that it will take a little patience to get your results.
When will I get a reply if I submit a late application?
While we do our best to process late applications as soon as we can, it depends on the availability of partners and the time they need to read and review the late applications. Partners are busy helping the startups we've funded so it may take anywhere from a couple of days to a few weeks before you'll get a reply.
If you haven't heard from us, be patient. All that silence means is that we haven't reviewed your application yet. As soon as we do, we'll email you.