A chance to accelerate in Miami next January. That’s the opportunity up for grabs through Venture Hive, its accelerator in search of 10 companies to join its next class.
Venture Hive Miami was created in 2013 with grants from Miami’s Downtown Development Authority and Mayor Carlos Gimenez. It entails both an accelerator and an incubator, over 30 companies having passed through its halls to date.
Come January, Venture Hive Miami will launch its second three-month acceleration program with 10 new startups. It is currently accepting submissions from potential participants – the deadline is November 1st.
What Venture Hive is Looking For
Companies from anywhere in the world are welcome to apply for the acceleration program, provided that they propose a technology-based solution in one of four industry verticals:
- Hospitality & Tourism
- Trade & Logistics
Venture Hive is seeking out teams of two to four founders with complementary backgrounds. Ideal applicants will have passed the idea phase and have something tangible to show. They may be pre-revenue or just starting to generate revenue but must not have received more than US$500,000 in external funding.
What You Get
The 10 companies chosen will take part in the Venture Hive acceleration program from January 13th through April 11th, 2014, during which time they must reside in Miami.
Each project will also get a US$25,000 grant from Miami-Dade County, no equity required. Entrepreneurs will be awarded one year of collaborative working space at the Venture Hive headquarters at the Miami World Center in downtown Miami and, as is par for the course, they’ll also receive mentoring and training from a network of local, national and international entrepreneurs and experts.
An Opportunity for Latin America
Miami is on the up-and-up as an international tech hub, and given its cultural, social and geographic adjacency to Latin America, entities like Venture Hive represent a big opportunity for the region’s startups to get in on the ground floor.
In fact, a few Latin American startups have already jumped on the opportunity, having formed part of Venture Hive’s first acceleration class. Argentina’s Everypost participated in the program, as did The Social Radio.
Another handful of Latin American startups will have the chance to accelerate with Venture Hive Miami in January. Want to be one of them. You’ve got until November 1st to apply.
Learn more and submit your project here.