LaunchHouse Accelerator Accepting Applications

April 23, 2012 - PRLog -- The Accelerator is modeled after the nation’s best incubators, like Y Combinator and TechCrunch. To apply, entrepreneurs need to be in Business/Healthcare software, Mobile apps, Web-based and other tech-related fields, need a team of two or three co-founders, and one brilliant idea. Ten teams will be selected for the 12-week program in September.

Each team will receive $25,000 in funding and will be surrounded with experience-based lab sessions, world-class mentors from their specific industry, an innovative work environment, dinners with successful entrepreneurs, networking with mentors, and endless amounts of free coffee!

Teams will relocate to Cleveland for the length of the program to work in our 23,000 square foot Silicon Valley-esque space. The LaunchHouse furniture and colorful, collaborative work space promotes genius and impromptu brainstorming sessions, day or night, with awesome, like-minded people.

The LaunchHouse Accelerator program helps the entrepreneur go from idea to validation in 12 weeks. Our development methods are customer-centric, meaning that from the very beginning you are engaging your market. At the end of 12 weeks, each team will present to both local and national Venture Capitalists and Angel Investors on our Showcase Day on November 28.

Again, applications are accepted until July 1 and competition begins September 3. Entrepreneurs can apply at http://launchhouse.com/apply/portfolio-company-application/.

About LaunchHouse:
LaunchHouse is a lean, new public-private partnership with the city of Shaker Heights that fosters entrepreneurial success and job creation through seed capital, education and innovation. Based in Northeast Ohio, the LaunchHouse mission is to recruit, nurture and grow the Midwest’s most promising start-up companies not only through funding but also through mentorship and strategic business development resources. Visit http://www.launchhouse.com for more information.