Archive for May, 2012

The Enterprise Entrepreneurship Challenge

Acceleprise is launching the Enterprise Entrepreneurship Challenge with StartupAmerica and TheNextWeb, an opportunity for innovators to showcase their idea and compete for a spot in the first independent accelerator focused on enterprise technology.  The challenge is simple.  Early stage startups in the enterprise space submit a short video explaining their concept.  People vote on their favorite entry on the Acceleprise site.  Judges consider a shortlist including the top vote getter, and the results are announced on June 15th on TheNextWeb.

About Acceleprise

At stake is a spot in the inaugural class of Acceleprise, an accelerator program that connects companies working to solve enterprise problems with the mentors, partners and customers they need to succeed.  Companies in the accelerator receive a $30,000 investment along with over $150,000 in perks like Amazon Web Services, Microsoft Azure and legal services from Goodwin Procter.

In addition to seed funding and perks, companies will benefit from a strong mentor team, including Katharine Weymouth, CEO of Washington Post Media, Eric Ries, author of The Lean Startup and Representative Jared Polis.  Companies will also have access to customer panels with large enterprises such as Microsoft and the Washington Post Company and demo days with top VC’s and angels from across the United States.

Acceleprise will invest in over sixty companies over the next three years, focusing on building web based software to solve the problems of large organizations.  The accelerator is founded and anchored by investor and entrepreneur Sean Glass and located in Washington, DC.

Competition Details

Companies can enter the competition through the StartupAmerica web portal.   Submissions are accepted until June 7th and finalists will be announced on June 11th.  The company with the most votes will automatically become a finalist, along with four other companies chosen by judges.  From these five finalists, the judges will choose a winner, who will be offered a spot in the inaugural class of Acceleprise.

Competition Partners

The competition is hosted by Acceleprise and Startup America, a national movement of thousands of founders, experts and resources that provides startups access to the corporations, investors and services they need to grow.  Partners include TheNextWeb, one of the world’s largest online publications, and Wizehize, a collaboration platform which allows groups to share conversations, notes, tasks and other information in secure, private workspaces.

For more information, visit acceleprise.vc/startupamerica.