AccelerateBaltimore received new funding that will allow a startup in next year’s class to receive additional funding when the company completes the program.
The accelerator, which is run by the Emerging Technology Centers, awards six startups with $25,000 in funding as part of the program. New in 2016, one startup will receive an additional $100,000 in funding.
The new money was made possible by a donation from the Abell Foundation.
Speaking about the new money at the Baltimore Innovation Week edition of Startup Soiree on Tuesday night, ETC President Deb Tillett said she asked the foundation for new money in an effort to keep the program growing. Read More