Comcast Interactive and DreamIt Ventures have partnered to create a program to provide opportunities for budding self-starters. Billed the “Minority Entrepreneur Accelerator Program,” the goal is to give training, mentoring, and other funding to five minority-led startup businesses.
The program is now taking applications, and those that are accepted will be given their own office space as well as the chance to learn from accomplished leaders in marketing, brand building, business development, and customer acquisitions.
Consultant and Manger of Growth Strategy Advisors William Chowder, thinks this is a great program.
“Working with DreamIt Ventures provides a structured and proven avenue for minority businesses to achieve major milestones in a unique environment,” said Chowder. “More programs like this have to emerge on a larger scale and in greater quantities. Everyone knows an entrepreneur. What we need though are entrepreneurs with ideas that transcend traditionally limiting boundaries of race, gender, and geography. It’s time to really take our businesses to another level.”
After three months, the five startups and their founders will be given the chance to pitch ideas to venture capital investors in the hopes of securing a viable business plan.
In order to be eligible to participate in the MEAP, your company must be at least 50% owned by members of your founding entrepreneur team who are African American, Asian American, Latino American or Native American.