Lean business accelerator to invest in 10 tech startups
Shaker Heights, OH – February 25, 2013 – Shaker LaunchHouse, a lean business accelerator based in Northeast Ohio, is seeking early stage, broad-based technology startups focused on technology, Internet, mobile and hardware/robotics to apply for the LaunchHouse Accelerator (LHX) program. Applications for the LHX 2013 program open March 8, with the program kicking off August 12.
With the $200,000 ONEFund grant, LHX will invest in 10 tech companies consisting of two or more co-founders, to participate in the LHX program. The startups are required to remain in Cleveland for the duration of the 12-week, boot camp-style accelerator program.
From its inception in 2008, LaunchHouse has invested in 40 diverse companies which have raised more than $5.5 million in follow on funding. Since the conclusion of the inaugural LHX 2012 program, the companies have been able to create more than 20 jobs, a majority of which are in Northeast Ohio.Read more... (765 words, estimated 3:04 mins reading time)