Be one of AccelerateBaltimore's 6 winning startups - Technical.ly Baltimore

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Nov. 7, 2014 12:29 pm

Be one of AccelerateBaltimore’s 6 winning startups

Applications are due Dec. 1 for the accelerator's fourth class.
This chair’s for you.

This chair's for you.

(Photo by Andrew Zaleski, file)

Attention fledgling Baltimore founders: There’s less than a month left to apply for the city’s 13-week accelerator program.

Applications to join the fourth class of AccelerateBaltimore startups are due Dec. 1.

Apply now

For the 2015 session, six companies will be chosen to take part in the three-month intensive program. Each company is awarded $25,000, and gets access to mentorship and other resources to help propel their ideas forward.

Past grads of the program include the edtech software provider Allovue, mobile audio app SpeakerBlast and the news quiz site NewsUp.

“It helped us focus our efforts,” said NewsUp cofounder and CEO Andrew Schuster. “It helps you focus on prioritization, and what is actually important for you to accomplish.”

The program is run by the Emerging Technology Centers, and supported by a grant from the Abell Foundation.

According to ETC President Deb Tillett, 81 percent of the companies who participated in the program are still in business.

While $25,000 may not be enough to get a company completely off the ground, the program prides itself on offering ways to help grow that investment. The 16 companies that have participated have raised a total of $2.5 million in funding after participating in the program.

“The money is a helpful resource but it’s the insight gained from people who have done it before that helped guide us to the next level,” NewsUp’s Schuster said.

Have questions? Organizers will host an info session at ETC’s Highlandtown campus Nov. 19, which you can also attend via Google Hangout.

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