Applications opened for new “CO.LAB Sustainable Mobility Accelerator”
Companies across the world are invited to apply. The Company Lab and gener8tor will create a special panel to select a handful of companies after applications close on June 30.
Chattanooga’s The Company Lab and gener8tor, a Madison, WI-based, nationally-recognized venture firm and accelerator generator, announced during Wednesday’s “CO.MOBILITY Summit” that they are joining forces to launch a new accelerator program that will target the growth and development of start-ups and entrepreneurs in Chattanooga focused on sustainable mobility innovations.
The new initiative is named the “CO.LAB Sustainable Mobility Accelerator” and will support up to two cohorts of six high-growth sustainable mobility start-ups on a yearly basis, with a $20,000 investment in the selected companies and additional funding of up to $100,000 at the conclusion of the program. Companies will also receive access to a national network of experienced mentors, technologists, industry experts, venture capitalists, and local corporate partners.
“This opens so many doors for putting Chattanooga on the map at a national level,” said Tasia Malakasis, Chief Executive Officer of The Company Lab. “We already have unparalleled resources that no other parts of the country have. Now, with this accelerator program, we could be considered as one of the top cities for startup growth in the country.”
Companies across the world are invited to apply. The Company Lab and gener8tor will create a special panel to select a handful of companies after applications close on June 30.
“We’ve supported almost 50 cities with entrepreneurs across the country and Chattanooga is a new, exciting step for us,” said Lauren Usher, a Partner with gener8tor. “The sustainable mobility industry is growing at a rapid pace nationwide and we are excited to help Chattanooga be at the forefront of it.”
Those interested in applying can do so here.
