A unique opportunity to launch a funded startup. New Ventures Accelerator awards cash prizes as the first tranche investment
Close your first round of funding and prepare for the next one. Flywheel New Ventures 2018, LLC (Sponsor), which is a membership based organization of local entrepreneurs in the Triad Region of North Carolina. All members are active investors who select the competition winners and make subsequent investments. The funds raised by this organization are for the purpose of funding the New Ventures Challenge, the Flywheel New Ventures Accelerator, and for investing in selected startups. All investment decisions are made by majority vote and rely heavily on milestone achievement by the selected teams during and after the accelerator session.
Who is this program for?
Technology based startups with high growth potential, a great team and big ideas.
What problem does it solve?
The first acceleration program in the Triad to offer pre-seed money to startups. This was the one puzzle piece we needed to really fuel inception stage momentum in the Triad.
How does it help?
New Ventures elevated the entrepreneurial ecosystem in the Triad to the same playing field as Charlotte and Raleigh/Durham.
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