INNOVATORS PROGRAM RALEIGH ANNOUNCES THREE EXTERNAL STARTUPS SELECTED FOR 2017 ACCELERATOR COHORT
(Raleigh, NC) The Innovators Program Inc. and its sponsors, Citrix and Red Hat, Inc. and HQ Raleigh, are excited to announce the three selected teams for the 2017 Raleigh program. Out of dozens of applications from across the globe, these three early-stage, high-growth teams will participate in a rigorous 12-week accelerator program alongside internal teams from Citrix that lays the foundation for talented and motivated startup founders and internal innovators to develop the skill set and mindset to build high-growth technology businesses.
Kicking off today with the support of our community partner HQ Raleigh, our teams participate in bi-weekly workshops, mentorship and one-on-one sessions where the Innovators Program provides concrete, tactical strategy through action-based items to generate real growth. Each team entering the accelerator receives an equity-free $10K grant with the possibility of an additional $10K if the team makes good progress in the course of the program. The program focuses on the best practices of design thinking and lean startup methods to validate our team’s ideas with the goal of leaving the program with their first customers. At the end of the 12 weeks, teams present their pitch at Demo Day to a network of investors, innovation leaders, and the thriving startup community of Raleigh.
The Innovator Program’s unique curriculum groups both external and internal teams to leverage the strengths of their respective backgrounds. By introducing entrepreneurial thinking to large-scale enterprises and the expertise of successful corporations to early-stage startups, innovation is fostered across the board. The program also enables organizations to make the change from going “all in” on one idea to a more “sophisticated, angel investor-like” approach by rapidly innovating a few high-potential business ideas for three months, and deciding whether to invest based on market traction and opportunity.
This year’s program marks the fourth cohort in Raleigh, producing many startups that have been acquired or are still driving innovation in their respective markets. Graduates from last year’s Raleigh program are Glance.ai, Nebula, ShineBig, Vision LTC, and Malartu.
“The Raleigh Innovators Program helped our company focus on what matters for our customers. As two recent college graduates, we didn’t have a luxury of experience or connections to the recruiting industry. The program helped us iterate quickly, focus on what stuck and continue to bootstrap our venture. Lots of founders get distracted with raising capital, and the programs mentorship enabled us to stay cash conscious and iterate quickly. Today we have a profitable 100% founder owned company and we couldn’t have done it without the programs help,” says Kameron Kales, co- founder, Glance.ai, and 2016 Innovators Program alumni.
This year’s program starts July 17 with a kick-off bootcamp hosted at HQ Raleigh’s newly announced Glenwood Avenue location at Centerline Digital. Team members will have the opportunity to engage in the startup community through HQ’s multiple locations around Raleigh for the duration of the program. We are excited for our newest group to join the active community of Innovators Program partners and continue the tradition of innovative excellence.
MEET THE EXTERNAL TEAMS:
AllStacks quantifies software team productivity to make engineering managers more effective in managing their teams.
VitalFlo, Inc is redefining the standard of care for asthma by leveraging lung-health data to provide population-level insights to healthcare provider networks
CivicRise is developing technology that mobilize effective, sustained and measurable civic engagement.
Stay tuned for more as our program kicks off in the next few weeks and get a deeper look at our teams. For more information, please contact us via our website: http://innovatorsprogram.co/.