[xtracto]

The 2 founders of the company I work for applied twice and were rejected 2 times. The first time was mainly because they did not have a well laid plan for a company (only had an idea). The second time was mainly because investors feared an investment in a FinTech company on another country (this was not in USA) was too risky.

Of course their experience was very good (I am very close to both founders). They do say that they learned a lot just with the application process.

Fast forward several years, and the company is very healthy and running smoothly. It is somehow a "poster child" of startup in the country and has raised good amounts of capital.

The point is, do not get afraid to apply and do not get down if you are not accepted. The process of applying will on itself be very useful. Even if you are not from the USA.