The Company Lab is taking applications for two summer startup accelerators.
Entrepreneurs have until April 1 to apply for Co.Lab’s new Lifestyle and Consumer Goods Accelerator and its annual Gig Tank Accelerator.
Both programs will take place May 15–July 31.
The accelerators are designed for high-growth startups working to scale their companies through the pursuit of pilot partnerships, angel or venture capital, and new customers, according to a news release.
Gig Tank, which organizers established in 2012, is an accelerator for startups that develop applications to thrive on high-speed fiber optic internet networks, such as EPB’s.
The program draws innovators from across the world to leverage Chattanooga’s fiber optic network and its 10-gig service to test and develop next-generation internet applications.
Past participants have included entrepreneurs working with virtual reality, telemedicine, sensor networks, connected devices and artificial intelligence.
With the launch of Co.Lab’s new Lifestyle and Consumer Goods Accelerator, entrepreneurs have more opportunities to draw on Chattanooga’s natural advantages, according to a news release.
Co.Lab CEO Marcus Shaw said in a prepared statement:
Chattanooga is home to a booming outdoor recreation scene and a thriving food and beverage production industry. Co.Lab offers entrepreneurs the ability [to] develop ideas and products with support from a network of mentors involved in these exciting sectors. We believe Chattanooga’s recent growth reflects an opportune moment for companies looking to break into a ripe consumer market.
Qualified candidates for the Lifestyle and Consumer Goods Accelerator must demonstrate a completed proof of concept.
Prospects may include, but are not limited to, those working in the following areas: prepackaged food and beverages; software as a service product designed for the retail space; outdoor/recreational equipment and apparel; e-commerce platforms; brewery, distillery and restaurant expansion concepts; and 3-D printing applications for consumer products.
Entrepreneurs accepted into the Lifestyle and Consumer Goods Accelerator will work alongside Gig Tank companies and share some mentors and resources while also working directly with industry-specific experts.
To qualify for participation in Gig Tank, entrepreneurs must have a minimum viable product and a technical lead on their team.
Some housing will be intermittently available to summer program participants, courtesy of UTC.
Entrepreneurs will also get access to free workspace and web services, such as HubSpot for Startups, SendGrid, Amazon Web Services and Zendesk.
The program will culminate with a Demo Night, at which entrepreneurs will pitch their companies to an audience of potential investors, corporate partners, media and members of the public.
To learn more, click here.
Updated @ 8:17 a.m. on 2/6/18 to correct typographical errors.