NEWPORT, Ky. (May 15, 2013) – Business accelerator UpTech has opened the application process for its UpTech II competition to entrepreneurs looking to plant roots in the Northern Kentucky area.
Launched in 2012, the intense, six-month accelerator program provides $50,000 in equity investment and is designed to attract and accelerate entrepreneurs.
UpTech was born out of an intentional effort by Northern Kentucky leaders to be proactive in attracting and retaining talent in the region. Its services include:
♦ An equity investment of $50,000
♦ Six months of free office space
♦ An executive mentor
♦ A dedicated team of essential business professionals providing financial, law, accounting, sales and marketing support services
♦ One-year NKY Chamber of Commerce membership
♦ One-year Greater Cincinnati Venture Association membership
♦ Access to resources from Northern Kentucky University’s Center for Applied Informatics and student interns
♦ Additional follow-on funds will be available to successful companies who need additional funding to advance their ideas further.
“UpTech is seeking driven entrepreneurs who want to proceed with their idea at an accelerated pace,” said Amanda Greenwell, program manager. “Our goal is to take an idea and turn it into a product that will attract customers by the end of our six-month program.”
More information on applying for UpTech II can be also found on the UpTech website.
The first round applications are due May 24, with UpTech II companies announced in July 2013.
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