ProSiebenSat.1 Media AG, a German TV station group, has just launched an accelerator program to support the growth of media startups.
ProSiebenSat.1 Accelerator aims to prepare entrepreneurs with an innovative business idea related to the media industry to entry into the market by providing its know-how, expertise and network.
Up to seven business startups every six months may qualify to receive seed capital of €25k to cover their expenses, undergo a mentorship program directed by experts in a wide variety of fields, at the headquarters of the TV group. The program also includes networking events and a Demo Day, where entrepreneurs can pitch their business ideas to investors.
Early-stage enterprises can apply to participate in the program at https://www.p7s1accelerator.com/.