LaunchHouse, an Ohio-based seed capital investment fund and has recently announced its Accelerator Program in which it is offering $25,000 to 10 technology-based entrepreneurial-teams from around the world. Their deadline is July 1st, 2012 and you can apply here. More from their release...
The LaunchHouse Accelerator is bringing innovation to Ohio by inviting the world’s brightest entrepreneurs to participate in a 12-week Accelerator program. Selected teams will receive $25,000 in funding and will be surrounded with experience-based lab sessions, world-class mentors from their specific industry, an innovative work environment, dinners with successful entrepreneurs, and networking with mentors.
The deadline to apply is July 1, 2012 and the program begins September 3, 2012. The Accelerator is modeled after the nation’s best incubators, like Y Combinator and TechStars. To apply, entrepreneurs need to be in a tech-related field with a team of two or three co-founders. Ten teams will be selected for the 12-week program in September.
Teams will relocate to Cleveland, OH for 12 weeks to work in LaunchHouse’s 23,000 square foot Silicon Valley-esque space. Its furniture and colorful, collaborative work space promotes genius and impromptu brainstorming sessions, day or night, with awesome, like-minded people. Accommodations will also be sponsored by LaunchHouse.
The LaunchHouse Accelerator program aims to help entrepreneurs take their ideas to validation during the length of the program. LaunchHouse’s development methods are customer-centric, meaning that from the very beginning you are engaging your market. At the end of 12 weeks, each team will present to local and national Venture Capitalists and Angel Investors on our Showcase Day on November 28.