Wednesday December 10, 2014 0 comments
BOULDER - MergeLane, an accelerator founded to advance women-run startups, announced it has secured new major backing from sponsors Bryan Cave LLP, First Western Trust, SoftLayer and Centro Latin Kitchen.
In an effort to close the gender gap in venture capital and in the startup community, MergeLane will choose eight stellar female-led companies to accelerate after the deadline for applications on Dec. 15.
MergeLane said with the support of sponsors and a vast list of mentors, it will aim to bring more women into the startup community and achieve investor returns through the acceleration of high-growth, gender-diverse companies.
"We are grateful for our sponsors who share our goal of fueling women-led companies," said Sue Heilbronner, MergeLane co-founder and CEO. "MergeLane is set up to have a tremendous first program year due to the amazing support we have received."
"Our firm supports a broad range of high-growth startups around the world," said Mark Weakley of Bryan Cave. "We are delighted to support MergeLane's mission of providing early-stage, female-run companies with more opportunity to reap the benefits of key resources in the startup ecosystem."
The 12-week accelerator is designed to meet the needs of women-led businesses in any industry. Eight companies will take part in the first program that begins in February.
MergeLane offers a guaranteed investment of $20,000 to each company with up to $100,000 in discretionary investment upon completion of the program.
Applicants should have a business with some evidence of traction and a proven or implied ability to scale, MergeLane said.
To apply, visit http://www.f6s.com/mergelaneaccelerator.