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May 10, 2011 01:35 am GMT
In January of this year, DreamIt Ventures, a Philadelphia-based VC firm and startup accelerator, announced that it would be expanding to the Big Apple, creating a startup accelerator program based in New York City. The program offers $25,000 in seed funding to its portfolio companies, along with coaching, exclusive speaking engagements, a chance to pitch at a Demo Day to affiliated angel and venture investors, and a collaborative workspace. After reviewing hundreds of applications over the first quarter of this year, today DreamIt is officially announcing its final NYC roster. The program will include 15 startups that hail from all over the U.S. The selected companies include students and alumni from Harvard Business School, Wharton, Yale, and Carnegie Mellon, and its founders boast prior experience at companies including Yahoo!, Microsoft, American Express, and McKinsey. Like DreamIt's Philly program, 5 of the 15 startups are digital education businesses and were selected in partnership with Startl -- a social enterprise dedicated to accelerating digital innovations for learning.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/hZYEsitf5PY/
DreamIt Ventures Announces Its First Batch Of NYC Startups
In January of this year, DreamIt Ventures, a Philadelphia-based VC firm and startup accelerator, announced that it would be expanding to the Big Apple, creating a startup accelerator program based in New York City. The program offers $25,000 in seed funding to its portfolio companies, along with coaching, exclusive speaking engagements, a chance to pitch at a Demo Day to affiliated angel and venture investors, and a collaborative workspace. After reviewing hundreds of applications over the first quarter of this year, today DreamIt is officially announcing its final NYC roster. The program will include 15 startups that hail from all over the U.S. The selected companies include students and alumni from Harvard Business School, Wharton, Yale, and Carnegie Mellon, and its founders boast prior experience at companies including Yahoo!, Microsoft, American Express, and McKinsey. Like DreamIt's Philly program, 5 of the 15 startups are digital education businesses and were selected in partnership with Startl -- a social enterprise dedicated to accelerating digital innovations for learning.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/hZYEsitf5PY/
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