The Brandery accelerator in Cincinnati, Ohio, announces $50,000 grants for its startups as applications for its sixth class open.
In the past, The Brandery has provided $20,000 for 6% equity to each startup accepted to the program. For the Class of 2015, The Brandery is increasing the grant size per startup to $50,000, in
order to extend the startups’ runway beyond the four month accelerator program. The larger grant size is possible due in part to an increase in funding received through the State of Ohio’s Third
Frontier Program.
The Brandery is a seed stage startup accelerator that leverages the expertise of the Cincinnati region, namely branding, marketing and design. We believe that building your brand– and not just a product– is a way startups can be more resource efficient and increase their probability of success. In addition to an elite mentor list, startups will be paired with world-class creative agencies and have access to some of the biggest companies in the world, including Procter & Gamble, dunnhumby, and Kroger. The Brandery runs a four-month program each year focused on taking technology startups to the next level. The Brandery accepts 10-12 startups, who receive $50,000 in seed funding and at least $175,000 in additional benefits in exchange for about 6% equity stake in the company. The Brandery is accepting applicants for the Class of 2015 from February 1 to April 16. Visit brandery.org/accelerator for more information.
Founded in 2010, The Brandery has graduated five classes of startups, who have raised over $65 million in funding. The Brandery is a non-profit whose mission is to fuel the economy, by way of the
startup ecosystem, in Cincinnati. The program has been consistently ranked in the top 15 startup accelerators in the nation, most recently being ranked #10. Sub-rankings from the Seed Rankings
project include The Brandery ranked as #1 for Industry Specific Mentorship, #4 in Average Valuation across all portfolio companies, both 1 and 2 years post-graduation, and #5 in Average $ Raised 1
Year After Program.
For more information visit http://www.brandery.org/our-story.
