Indianapolis, IN – Nationally ranked startup accelerator gener8tor has announced the participants of its gBETA Indy Fall 2018 cohort. The five participating startups range from a company automating emotion recognition for user experience researchers to a consumer app for organizing, editing, and sharing baby milestone photos. Descriptions for all five companies can be found at the bottom of this release.
gBETA is a free accelerator for early-stage companies with local roots. The program is capped at five teams and requires no fees and no equity. Participants receive intensive and individualized coaching and access to gener8tor’s national network of mentors, customers, corporate partners and investors. The program is designed to help startups gain early customer traction on their product or idea, and establish metrics that make them competitive applicants for full-time, equity-based accelerators or seed investment.
The inaugural gBETA Indy cohort took place in the spring, and the alumni companies will continue to be involved with gBETA by mentoring and advising the new cohort. Since graduating from gBETA in June, Codelicious closed a seed round of $940k, Selfless.ly officially launched their corporate social responsibility platform and Woven signed a contract which will double their platform activity. The five companies were connected with over 30 mentors and pitched over 30 investor groups. Most recently, they represented Indiana at the TechCrunch Disrupt conference in San Francisco .
gBETA Indy “Fall 2018” kicked
off September 13th with five local startups who will spend the next several
weeks working with the gBETA team to meet mentors, gain customer traction, and
pitch accelerators and investors. The cohort graduates on November 5th during
LiveBETA (“demo day”) where the five companies will deliver five-minute pitches
to an audience of mentors, investors and community members. There will be an
opportunity before and after the presentations to mingle with the startup
companies and other attendees. LiveBETA is a free
event, but those interested in attending are asked to RSVP: https://livebetaindyfall2018.splashthat.com/
gBETA Indy runs two times per year with five local companies per cohort to ensure a high level of individualized attention. gBETA works with companies across all industries and business models. Startups interested in applying should contact gBETA Indy Director Chelsea Linder ( chelsea@gener8tor.com ). For more information, visit https://www.gbetastartups.com/indy .
About gBETA
gBETA is a program of nationally
ranked startup accelerator gener8tor. gBETA is a free, accelerator for
early-stage companies with local roots. Each program is capped at five teams,
and requires no fees and no equity. gBETA currently operates in nine locations:
Beloit, Detroit, Cincinnati, Indianapolis, Los Angeles, Madison, Milwaukee,
Minneapolis and Northeast Wisconsin. gBETA also offers industry specific
Medtech, Musictech, and Social Impact programs. gBETA graduates have
collectively raised over $15M since 2015, and 40% have
either gone on to participate in a full-time, equity-based accelerator or raise at least $50,000 in seed financing. For more statistics, visit https://www.gbetastartups.com/statistics/
About gener8tor
gener8tor is a turnkey platform for the creative economy that connects startups, entrepreneurs, artists, investors, universities and corporations. The gener8tor platform includes pre-accelerators, accelerators, corporate programming, conferences and fellowships focused on entrepreneurs, artists and musicians.
gener8tor is a nationally ranked, GOLD-tier accelerator in the U.S. as ranked by the Seed Accelerator Rankings Project: http://seedrankings.com .
About IEDC
The Indiana Economic Development Corporation (IEDC) leads the state of Indiana’s economic development efforts, helping businesses launch, grow and locate in the state. Governed by a 15-member board chaired by Governor Eric J. Holcomb, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit www.iedc.in.gov . Media Contact: Abby Gras – 317.232.8845 or agras@iedc.in.gov
