Accelerate Baltimore — the first accelerator of Baltimore City — is an initiative of ETC and The Abell Foundation, and is heading into its seventh year of operation. Our goal is to close the gap between innovative ideas and getting to market by providing seed capital, resources, mentors, potential partners and a collaborative community.
Here are 3 reasons your startup should apply to Accelerate Baltimore this year:
1. Expert Advice and Mentorship.
Through workshops and one-on-one mentorship sessions, Accelerate Baltimore helps early stage startups identify their best growth strategy and a reasonable plan to achieve it. One of the best part of being a cohort member is the expert advice you’ll get from other entrepreneurs, C-level advisors, investors, members of the ETC team, and Accelerate Baltimore alumni. It’s an incredible way to grow your network.
2. Seed Funding + Access to Investors = $$$.
For our third year in a row, Accelerate Baltimore will be awarding a total of $250,000 to six startups. Plus, throughout the program, participants will be given a solid introduction to investors, which will prove to be a huge help for any founders when it comes time to fundraising. We also work with the cohort on perfecting their pitch. At the end of the program, companies will be given the chance to win an additional $100,000 in follow-on funding.
3. Esteem and Validation.
Because accelerators are receiving so many applicants these days, acceptance into an accelerator program can bring with it a significant amount of esteem, according to TechCrunch. When it comes to getting attention from investors and recruiting the best people for your startup’s team, listing Accelerate Baltimore as an accelerator you participated in will give you an edge over your competitors.
So what are you waiting for? Apply to Accelerate Baltimore now!