One Million by One Million

Founded: 2010

One Million by One Million (1Mby1M) is a global virtual accelerator that sets out to help information technology startups achieve their financing and revenue goals.


Program Type
Startup AcceleratorStartup Mentoring Program
Accelerators & Incubators
AdviceDeepTechInformation TechnologyOnlineSaaSVirtual
1 year

One Million by One Million (1Mby1M) is a global virtual accelerator that has set the goal of accelerating one million entrepreneurs to reach one million dollars each in annual revenue and more. The results of achieving this goal would equate to a trillion dollars in global GDP and ten million jobs.

The 1Mby1M premium accelerator program lasts for a full year and is designed for tech startups. The program’s curriculum educates entrepreneurs and founders on position in the market, customer acquisition, team building/ development, and financing. Although the program does not directly make any investments in accepted startups, 1Mby1M does make valuable introductions to angels and venture capital investors. The primary value proposition of the program is the access to resources that position startups to become fundable. 

In a customizable fashion, relevant curriculum modules can be prioritized through 1Mby1M’s self-assessment tool. Startups receive fresh ideas, are encouraged to refine their strategy, and course-correct as they navigate the year-long course which includes video lectures, and case studies, all based on the experiences of over 1,000 successful entrepreneurs. Completing the core curriculum will take about 50 hours, after which startups have access to over 500 hours of material across multiple electives. All accepted applicants have exclusive roundtable access to the founder of the program, and a highly regarded Silicon Valley strategy veteran, Sramana Mitra.

1Mby1M is exclusively offered to information technology and IT enabled services businesses. Bootstrapped and funded startups are welcome to apply. The application is open 24/7 to applicants of all stages and accepts on a rolling basis. For a membership fee of $1,000 and no equity taken, all startups get full twelve-month mentorship starting the date they join.


City / State
San FranciscoVirtual
United States

Funding & Benefits

CategoriesType of Funding
Early Stage VCPre-Seed
Program Fee
$1,000/ year
Offer Details


Application Status
# of Cohorts / Year
Crunchbase Rank
newchip accelerator

“Newchip’s support was a great confidence booster for preparing for investor meetings. Newchip has also helped us fill our calendar with investor meetings!”

- Sloan F.