The LaunchHouse Accelerator is bringing innovation to Ohio by inviting the worldís 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 seed capital fund has delegated several spots for consideration to entrepreneurs specifically from Russia.
The deadline to apply is July 1, 2012 and the program begins September 3, 2012. The Accelerator is modeled after the nationís best incubators, like Y Combinator and TechCrunch. 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 LaunchHouseís 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. LaunchHouseís 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.
LaunchHouse is a lean, new public-private partnership with the city of Shaker Heights that fosters entrepreneurial success and job creation through seed capital, education and innovation. Based in Northeast Ohio, the LaunchHouse mission is to recruit, nurture and grow the Midwestís most promising start-up companies not only through funding but also through mentorship and strategic business development resources.