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LaunchHouse Accelerator Invites Entrepreneurs From Around The World

Chandan Raj
9th May 2012
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Ohio-based seed capital investment fund LaunchHouse, has launched a new LaunchHouse Accelerator program to bring 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 modelled after the nation’s 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 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.

Applicant can be of any of the following categories

  • technology – [examples: data, SAAS, healthcare software, security, storage]
  • internet – [examples: e-commerce, gaming, advertising, social networking, media, search, enabling tech]
  • mobile – [examples: applications, communications, gaming, monetization]

From the applications received 30 companies we will be selected to attend the Techie Unconference on July 18, 2012. The Unconference will be held at the Shaker LaunchHouse facility, and will be an opportunity to pitch to mentors, venture capitalists and the LaunchHouse team. (Overseas entrepreneurs do not have to attend the

un-conference. They will be interviewed via webcam)

LaunchHouse will select 10 teams from the 30 who attend the Unconference. These teams will participate in the 12 week LaunchHouse Accelerator program & will receive $25,000.

TEAM CRITERIA 

Teams must be:

  • Comprised of 2-3 co-founders
  • Able to devote 100% to starting a business
  • Ready to relocate to Cleveland during the program

Think you have got a good tech idea? Then apply here to be part of the LaunchHouse Accelerator program.

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