Walt Disney Launches Los Angeles-Based Startup Accelerator

Disney AcceleratorThe Walt Disney Company (NYSE: DIS) has launched a Los Angeles-based startup accelerator.

Powered by Techstars, considered as the best startup accelerator and mentorship-driven seed stage investment program in the world, Disney Accelerator will select ten startup companies with innovative consumer media and entertainment product ideas for a three-month mentorship and seed-stage investment program.

Participants will receive $120k in capital to develop their ideas, mentor support from top Disney executives, including Chairman and CEO Robert A. Iger, and leaders from Pixar, Marvel, Lucasfilm, ESPN and Walt Disney Imagineering, among others. Mentors will also include other entertainment industry leaders, venture capitalists, and Techstars’ extensive network of entrepreneurs, investors and executives.
Participants will also have access to stories, characters, technology and other resources from across The Walt Disney Company.

The program begins June 30, and it concludes with an investor demo day in September where each team will present their company to industry leaders and investors.

The accelerator is now accepting applications (by April 16, 2014).



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