Jumpstart Foundry, a Nashville, TN-based acceleration program, raised a venture capital funding of undisclosed amount.
The round was led by Clayton Associates, with participation from a diverse group of investors.
The company intends to use the funds to support both the annual accelerator and the joint venture with the Nashville Entrepreneur Center – Jumpwerx, which uses an immersive learning program to invent new solutions for large companies while training key employees in a learn-by-doing the curriculum.
Led by Vic Gatto, CEO, and Marcus Whitney, CMO, Jumpstart Foundry each summer selects 10 startup teams to participate in its 14-week mentor-based cohort. Solidus Company, a Nashville based venture capital firm, established Jumpstart Foundry four years and has funded it to date.
JSF is now spinning off into a fully independent company with Solidus remaining a sponsor and supporter.
Interested startups can apply to the program here: http://jsf.co
FinSMEs
11/02/2014