Plug and Play
PnP
Description
Plug and Play Tech Center is one of the world's largest innovation platforms and startup accelerators, founded in 2006 in Silicon Valley. Operating across 40+ locations globally, they run industry-specific accelerator programs connecting startups with corporate partners and investors.
The program offers a unique model combining acceleration, corporate partnerships, and investment opportunities. Startups gain access to pilot projects with Fortune 500 companies, mentorship from industry experts, and exposure to a global network of investors. Unlike traditional accelerators, Plug and Play focuses on vertical-specific programs (Fintech, Health, IoT, Mobility, etc.) and emphasizes corporate innovation partnerships.
For ZHC builders, Plug and Play provides extensive corporate connections, potential pilot customers, and a proven path to Series A funding through their network of 500+ corporate partners and institutional investors.
Eligibility
Program Structure
- Duration: 3-month accelerator batches
- Vertical Programs: 20+ industry-specific tracks (Fintech, Health, IoT, Supply Chain, Insurtech, etc.)
- Global Locations: Silicon Valley HQ plus 40+ international hubs
- Corporate Partners: 500+ Fortune 500 companies
- Batch Size: 20-30 startups per vertical per batch
Selection Criteria
- Early to growth stage startups (Pre-seed to Series A)
- Product-market fit demonstrated or clear path
- Alignment with specific vertical program focus
- Scalable technology solution
- Strong founding team with domain expertise
- Willingness to engage with corporate partners
Investment Terms
- Typical Investment: $0-$500K per company
- Structure: SAFE or convertible note
- Equity: Typically 3-7% (negotiable)
- Follow-on: Access to Plug and Play Ventures fund
- Corporate Pilots: Non-dilutive revenue opportunities
Program Benefits
- Corporate pilot programs and POCs
- Mentorship from 300+ mentors and advisors
- Office space in Silicon Valley (optional)
- Demo Day exposure to 300+ investors
- Access to $10B+ in follow-on capital
- Global expansion support through international hubs
ZHC-Specific Fit
✅ Excellent for:
- B2B SaaS with enterprise customer focus
- Startups seeking corporate partnerships
- Vertical-specific solutions (fintech, health, supply chain)
- International expansion goals
- Need for pilot customers and validation
- Series A fundraising preparation
❌ Poor fit if:
- Pure consumer/B2C model without enterprise angle
- Too early stage (pre-MVP)
- Not willing to relocate or travel to program location
- Seeking very large initial checks (>$500K)
- Service-based or consulting business model
Application Process
Application Process
| Step | Timeline | Details |
|---|---|---|
| Online application | Rolling | Submit via program-specific portal |
| Initial screening | 1-2 weeks | Team reviews fit with vertical program |
| Interview round | 2-3 weeks | Meet with program directors |
| Corporate fit assessment | 1 week | Evaluate alignment with partners |
| Selection notification | 3-4 weeks total | Acceptance for next batch |
| Program start | Quarterly batches | 3-month intensive program |
| Expo/Demo Day | End of program | Pitch to investors and corporates |
Application Requirements
- Company overview and product demo
- Team bios and backgrounds
- Market analysis and competitive landscape
- Traction metrics and customer data
- Financial projections
- Video pitch (2-3 minutes)
- Specific use cases for corporate partners
Program Timeline
- Month 1: Onboarding, mentor matching, corporate introductions
- Month 2: Pilot program development, product refinement
- Month 3: Investor readiness, Demo Day preparation
- Post-Program: Ongoing support and network access
Investment Decision
- Made independently from acceleration
- Based on traction, team, and market opportunity
- Can occur during or after program
- Not required for program participation
Success Metrics
- 1,200+ companies accelerated
- 400+ exits (IPOs and acquisitions)
- $9B+ raised by alumni
- Corporate partnerships leading to $1B+ in revenue
Contact
- Official Website
- Accelerator Programs
- Application Portal
- Silicon Valley HQ
- Vertical Programs
- Corporate Partners
- Email: startups@pnptc.com
- LinkedIn: /company/plug-and-play-tech-center
- Twitter/X: @PlugandPlayTC