Kingsport’s Sync Space Entrepreneur Center will partner with Knoxville-based Bundled on a pilot initiative to bring a grant-based opportunity for regional professionals to assist start-up companies that are participants in the former’s rural accelerators.
According to this week’s announcement, the partnership includes a commitment of more than $60,000 in grants over multiple Sync Space accelerator cohorts. Local service providers including legal, marketing, accounting, software development and other areas are encouraged to apply to be a Bundled partner. As a partner, providers will qualify for grants within the program for the work they do with our small business and entrepreneurial communities.
“With the Sync Space accelerators, we select participants, in part, by our ability to help connect their service or product within the broader goals and strengths of our region.” says Heath Guinn, President of Sync Space. “Working with Bundled in the past has produced incredible results for entrepreneurs in the region, and this new partnership allows us to provide grants to participating professional service providers to encourage their work with these early stage companies.”
Recognized by Steve Case’s “Rise of the Rest” initiative as being a best practice for entrepreneurial support in 2020, Bundled exists to accelerate growth in high potential companies, create business development opportunities for best-in-class service providers, and support inclusive economic development. Bundled is continuing to on-board service providers and fractional executives in the region who have a passion for seeing the success of early stage companies.
“We’re excited to have the opportunity to work closely with Sync Space to facilitate relationships between service providers and start-up companies in the Appalachian Highlands,” says Courtney Jones, Bundled Chief Executive Officer. “We know that the growth of the ecosystem depends on creating connections that allow growing companies to stay in the region and thrive.”
As described in this recent teknovation.biz article, the “Rural Startup Accelerator will be open to local entrepreneurs and those from elsewhere with a product, technology or service that aligns with the economic development and workforce goals of Northeast Tennessee and Southwest Virginia. More information about the cohort and opportunities the selected companies will receive can be found here. Those interested in being service providers under the Bundled umbrella can find more information here.