Capitol Region Accelerator is calling for AR VR Entrepreneurs
Selected companies will receive $50,000. The deadline to submit applications is December 21, 2018.
The Capital Region AR VR Accelerator announced it’s final “Call for Companies” for the upcoming cohort, slated to occur from January 28 to April 13, 2019.
Start-up and early-stage companies interested in being considered for cohort participation and investment should fill out the online application on the Accelerator web site and/or send an executive summary and investment pitch deck to Jon Gregory directly.
The Accelerator is not suited for “idea” stage companies, but rather those who have a working prototype (or better yet existing product) and prefers companies that have already attracted some seed investors and/or have paying customers.
How the program works
Selected companies are only expected to be “on site” during the first and last week of the 11-week Accelerator program. The rest of the cycle can occur virtually in conjunction with mentor/advisor teams established for each company to achieve results linked with a custom-tailored, mutually determined Milestone Plan.
A primary and unique focus of the Capital Region AR VR Accelerator is the development of a Milestone Plan in conjunction with each cohort company that drives effort and resources to address 1 to 3 need or opportunity areas where the Capital Region AR VR Accelerator can most effectively add value to enhance the cohort company’s growth trajectory.
Given backgrounds of the Accelerator leadership team, its collaborators, and its extended network, the most typical areas will be:
(1) attraction of new customers and strategic partners
(2) team, advisor and board development
(3) fundraising (equity, debt, grant)
(4) technology enhancement (video, software and app development)
(5) social marketing and media
(6) manufacturing
(7) strengthening competitive positioning.