The buzzy Silicon Valley-based NewME Accelerator announced Wednesday seven startups to be part of its Summer/Fall 2012 class, reports TechCrunch. Among them is Baltimore-based NoBadGift.com, which allows users to create wish lists of items they’d like, share those wish lists and then have family and friends contribute incremental dollar amounts to the total cost of a gift.
According to TechCrunch:
One thing that really sets NewMe apart is that it is a residential program, so the founders all move into one house together where they all “eat, sleep and breathe” the startup building experience. The aim is to hack on their respective projects day and night, in between meetings with a star-studded group of mentors such as Mitch Kapor and Ben Horowitz. [more]
The seven startups chosen move into the NewME house in San Francisco on August 13 and remain there for 12 weeks. Writing in the Baltimore Tech Facebook group, NoBadGift.com co-founder McKeever E. Conwell II said, “I couldn’t have done it without the support of the Baltimore tech community and my great co-founders.”