10-xelerator Seeks the Next Cool Venture

Written by Innovate New Albany@InnovateNA12 years ago

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10-xelerator, a mentorship-driven investment program designed for energetic and game-changing entrepreneurs, is recruiting participants for its upcoming Summer 2012 session.

Ten aspiring entrepreneurial teams will be selected from within Ohio and outside of the state to participate in a 10-week intensive development program that culminates with a New Venture Showcase Day, an opportunity for participating teams to present their start-up concepts to local, regional and national angel and venture capital investors from across the country.

Teams selected to participate receive $20,000 financing from the state’s ONE Fund to support business and living expenses.

The application for the next class of 10x participants are now available for the summer class that begins June 25 and ends September 6. Apply online. Applications are due May 6, 2012.

10x is a collaborative effort between the leading start-up resources in central Ohio and The ONE Fund, a newly formed grant funding program sponsored by the Ohio Third Frontier program.

Innovate New Albany, the city’s incubator for technology startups, entrepreneurs and small businesses, features 16,000 square feet of space within the New Albany Business Park’s Signature Office Building, 8000 Walton Parkway.