New Mentorship-Driven Startup Accelerator "Seed Sumo" Launches in College Station offering up to $50,000 to as many as 10 startups per year
College Station, Texas December 18, 2013 Business News(PRLEAP.COM) Seed Sumo will offer seed funding, workspace, access to potential investors and business mentoring to as many as 10 startup companies. It's a familiar formula used by some of the worlds most successful startup accelerators including (Techstars, Y-Combinator, Capital Factory out of Austin, to name a few). In fact, Seed Sumo has partnered with the Global Accelerator Network to share the knowledge and mentors of over 60 of the top accelerators in the world.
"Our goal is simple really…we want to help make Bryan/College Station a top 10 startup community within the next 10 years," explained Doss Cunningham co-founder of Seed Sumo and CEO of local INC #505 company Woodbolt International (Cellucor.com).
First-time entrepreneurs will enter the program at the seed stage, where they will spend 100 days developing their ideas guided heavily by super human mentors and world-class lean startup methodology.
The perks seem almost endless for startups that get accepted into the program. In addition to the $20,000 - $50,000 per startup, Seed Sumo offers over $550,000 in other startup related perks. Not to mention getting to work in a brand new facility in the Bio-corridor near Traditions Golf Club. The building is inspired by the likes of Google, Nike and Facebook to promote collaboration and innovation, and will have a 20,000 square foot fitness facility on site with luxury locker rooms and a full size basketball court.
"Bryan/College Station has some great organizations and programs providing individual startup components like angel networks and incubators. We believe a world-class accelerator is another key piece in a sustainable startup community and will compliment the existing programs very well," said Manish Patel, co-founder of Seed Sumo.
"The best startup communities in the United States all share mentors, investors, and ideas. For Bryan/College Station to be a top 10 startup community we must adopt this principle," explained Bryan Bulte, Managing Director of Seed Sumo. "Anyone and everyone that thinks they can add value to Seed Sumo during the 100 day acceleration program, we want to talk to."
Applications for the inaugural accelerator can be submitted starting January 1st, 2014 through March 15th, 2014. Visit seedsumo.com for more details.
About Seed Sumo
Seed Sumo was founded by the two owners of Woodbolt International (Cellucor.com) in 2013. Seed Sumo's mission is to provide early stage support for passionate entrepreneurs while helping to nurture and grow the startup community in Bryan/College Station. Our full press kit and contact information is available at seedsumo.com/press-kit