Located in the Addison TreeHouse, the business incubator, the Collide Village Accelerator Program has opened its application process to startups.
The Collide Program is looking to fund six tech startups for its four month accelerator program; in particular companies with innovative technologies in mobile, software, web, consumer services, education and media fields. The selected tech startup companies will receive $25,000 in seed money, access to mentors and plenty of assistance during the four month program. In addition, the selected companies will have access to an additional $50,000 convertible note and the once in a lifetime opportunity to present to top venture capitalists at the end of the program.
Of course, none of this is simply given away. The Collide Program wants to see results from the selected companies and the progress of each selected tech startup will be measured against their goals. However, the program will work with each startup to help them achieve an Investment Level Readiness, which will prepare them to present to venture capitalists.
The Addison TreeHouse was created with the intent of attracting entrepreneurs and startup companies and the Collide Program plays an integral part in achieving this goal. Through the Collide Program, entrepreneurs in the area have the opportunity to get on the fast-track to finding investors and getting their company off the ground.
So how does a company succeed at the Collide Program? Tahir Hussain, CEO of The Collide Village, said in a recent press release that there is only one criteria for the success of a startup at Collide, “At the end of the day, do they have customers waiting and dying to buy the products?”
Entrepreneurs who think their startup has what it takes should fill out an online application. Good luck, and we can’t wait to see what comes of the Collide Program.