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June 8, 2012 02:00 am GMT
Earlier this spring, Turner Broadcasting announced that it would be launching an incubator, called Media Camp, specifically for startups in the media space. In March, it put out a call for applications, looking to find some startups to join its 12-week program. Now, after an extensive search, it's ready to announce the lucky six companies that will gain access to a bit of funding and some legal and administrative support -- but more importantly, they'll also get help from mentors in navigating the tricky media world. In most cases, Media Camp is no different from most other incubators: Companies accepted into the program get an investment of about $20,000 in exchange for a maximum 6 percent of equity. In exchange, they get 12 weeks of administrative and legal help, participate in weekly dinners, and get one-on-one mentorship from executives in the media industry.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/i86gNtllPhM/
An Incubator Just For Media Startups: Turners Media Camp Accelerator Gets Underway
Earlier this spring, Turner Broadcasting announced that it would be launching an incubator, called Media Camp, specifically for startups in the media space. In March, it put out a call for applications, looking to find some startups to join its 12-week program. Now, after an extensive search, it's ready to announce the lucky six companies that will gain access to a bit of funding and some legal and administrative support -- but more importantly, they'll also get help from mentors in navigating the tricky media world. In most cases, Media Camp is no different from most other incubators: Companies accepted into the program get an investment of about $20,000 in exchange for a maximum 6 percent of equity. In exchange, they get 12 weeks of administrative and legal help, participate in weekly dinners, and get one-on-one mentorship from executives in the media industry. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/i86gNtllPhM/
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