Looks great but where is the catch? Are all those perks free or do startups need to give away equity or something like that?
(I'm not a native speaker so I maybe miss something here.)
Exactly, FBStart is no charity, so why do they do it? You don't even need to integrate your product with FB. I would love to apply but the offer is too good to be true.
I work for Transifex, one of the FbStart partners. Startups accepted into the program don't have to give away any equity (neither did we, for that matter). For us, companies simply redeem a code on our site to get 6 or 12 months of the service free, depending on the track. I'd guess other partners have a similar setup.