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Brandery Opens Applications for 2012 ClassNew This Year: Brandsmiths; edSpark; and Office Hours (March 21, 2012)
CINCINNATI, OH -- (Marketwire) -- 03/21/12 -- Cincinnati's nationally recognized startup accelerator, The Brandery, is now accepting applications for its 2012 class via its Web site, www.brandery.org.
Applications are due by May 15, with early-admission decisions being made on May 1. The 2012 class of 10 companies will be announced on June 1.
As a member of the Global Accelerator Network and a top 10 accelerator in the Kellogg School of Management/Kauffman Fellows/Tech Cocktail rankings, the Brandery has graduated 14 companies in its first two classes. These companies have generated funding across the country from CincyTech, Crosslink Capital, Draper Associates and Transmedia Capital.
The Brandery runs a four-month program in Cincinnati for startups that are consumer focused and brand driven. It will add several aspects to its accelerator program this year:
- Brandsmiths. The Brandery will hire developers or designers who don't have a specific startup idea but want to work for one. Called "brandsmiths," these professionals will work full-time for a stipend with Brandery participants and may have the opportunity to join one of the startups. The application and additional information can be found at: www.brandery.org/brandsmith.
- edSpark. The Brandery is soliciting applications from education-focused startups. The Greater Cincinnati Foundation has funded a new initiative called edSpark to encourage educational innovation. Startups focused on education initiatives should apply through the standard channel.
- Office hours. For those looking for more information or advice before submitting an application, the Brandery is holding office hours from 5-7 p.m. on Tuesday, April 3, at The Brandery office 1411 Vine St. in Over-the-Rhine. Register for office hours at www.brandery.org.
"The Brandery aims to give startups an unfair opportunity to succeed by leveraging Cincinnati's regional strengths in marketing, branding and design and world-class companies such as P&G, Kroger, LPK, Nielsen and dunnhumby," says Mike Bott, general manager of the Brandery, a position that was added this year with the growing success of the program. "Startups are attracted by the mentors and resources associated with The Brandery. We've already attracted applicants from six continents."
The Brandery provides each company with $20,000 in seed money, training sessions with other entrepreneurs and industry experts, and networking with more than 50 mentors who work with startups to provide insights and help grow each idea into an investable, scalable product. Additionally, Cincinnati's world-class design agencies have donated their services to help each of the startups develop their branding and visual identity. The seed money that each company receives from the Brandery is now being provided by an award from Ohio Third Frontier's One Fund program for accelerators. For the first two years of the Brandery programs, CincyTech provided the $20,000 grants.
Building upon a mentor list of industry leaders, the Brandery has recently welcomed Tim O'Shaughnessy of LivingSocial, Jonathon Triest of Ludlow Ventures, Bill Hildebolt of ExpoTV, and Mike Brown Jr of AOL Ventures.
The 2012 session will begin on July 2 and culminate on Oct. 4 at Demo Day, where each Brandery company pitches its startup to a room of angel investors, venture capitalists, marketers and media. Last year's Demo Day attracted more than 350 people to Great American Ball Park.
About The Brandery
The Brandery is a Cincinnati-based, nonprofit startup accelerator founded in 2010 by David Knox, J.B. Kropp, Bryan Radtke and Rob McDonald with the goal of supporting startups in technology-based consumer experiences. More than 50 mentors work with the companies, which each receive $20,000 in seed money. Leading Cincinnati-based design firms offer free branding and visual identity guidance to each of the startups. Quantifiable benefits available to Brandery companies exceed $175,000. Good candidates are consumer-facing startups such as consumer Internet, media and entertainment companies that are based on technology platforms.
The Brandery is an inaugural member of the Global Accelerator Network -- independently owned regional organizations that operate startup accelerator programs in dozens of cities across the United States and around the world.
Brandery general manager
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