The Walt Disney Company is getting into the startup incubator business with the launch of a new program called the Disney Accelerator. Disney says it’s looking for 10 “early-stage companies with innovative consumer media and entertainment product ideas.” Those startups will receive a $120,000 investment and mentorship from the tech and entertainment industries, as well as from leaders in various Disney divisions.
Beginning this summer at The Walt Disney Company, it’s a small (business) world, after all. In keeping with its commitment to innovative technology and visionary works, the company will sponsor 10 startups for a three-month mentorship program, whereby participants will receive $120,000 in investment capital and mentoring from top Disney execs. The incubation initiative, called Disney Accelerator, will be powered by leading seed-stage investment program Techstars. Applications, due April 16, are available now, with the program slated to begin in June. Disney is seeking tech-powered startups, it said, with products and services in the consumer entertainment and media space — “no scripts, screenplays or ideas for attractions, please.”
NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.
TECHi weighs both sides before reaching a conclusion.
TECHi’s editorial take above outlines the reasoning that supports this position.
A recent $329 million judgement against Tesla could define the future of autonomous vehicle technology. A Miami jury also found…
Meta's most recent earnings not only indicate a well-managed technology firm, rather they mark a daring vision of giving profits.…
Having more than 100 million daily active users was the easy part for Snapchat, now it needs to find out…
Google Play is making payments easier and more accessible. They are now offering PayPal purchases in twelve countries, including the…
