Start Co. recieves SBA funding


(Memphis Business Journal) Memphis-based Start Co. is one of several national small business accelerators to receive a grant from the U.S. Small Business Administration, receiving $50,000 from the organization.

Start Co., which recently completed the latest classes of its Seed Hatchery, Upstart, Sky High and Spark Gap small business accelerators, was selected from a pool of 800 applications from 31 states to receive the funds.

“The SBA is empowering accelerators and startups that are on the cutting edge of successful, innovative new endeavors,” said Maria Contreras-Sweet, SBA administrator. “We’ve seen the enormous success of the accelerator model in communities like Silicon Valley. We believe we can export this type of sophisticated support structure across the country to help startups become commercially viable and create jobs more quickly. I want SBA to stand for ‘Smart, Bold and Accessible,’ and these accelerators encompass all three of these goals.”

View the full article at the Memphis Business Journal