Regional accelerators off and running for summer


(The Tennessean) In my last column, I wrote about the progress that Tennessee’s network of accelerators has made since 2012 and the new “Accelerator 2.0” structure.

Six accelerators across the state are in the middle of industry-specific summer cohort programs: Jumpstart Foundry in Nashville, ZeroTo510 and the Start Co. programs in Memphis, autoXLR8R in Spring Hill, MediaWorks in Knoxville and GIGTANK in Chattanooga.

All of these programs began in May and will end with demo days later this month or in August. Nashville’s Jumpstart Foundry is the oldest of the programs — this is its fifth cohort — and it also recently received national recognition as one of the best accelerators in the country from MIT’s Sloan School of Management and TechCrunch. Over the past five years, 30 companies have graduated from Jumpstart Foundry, and 65 percent of those are still in business. Most have gone on to raise substantial amounts of outside capital.

View the full article at The Tennessean