March 29, 2024

Deniz meditera

Imagination at work

Austin accelerator DivInc expands efforts for assorted organization homeowners

3 min read
Preston James II, co-founder and CEO of Austin-based DivInc, takes part in a pitch event for African-American entrepreneurs in this file photo.

Due to the fact its founding in 2016, Austin-based DivInc has focused on encouraging early stage, underrepresented company entrepreneurs make their organizations. Now, the nonprofit accelerator is acquiring new ways to expand its attempts to take away the limitations confronted by women and individuals of shade in the startup sector.

A single of the new ideas, claimed DivInc co-founder and CEO Preston James II, is a six- to 8-week on the net pre-accelerator application established to debut in September or Oct that will aid founders at the idea stage master the 1st techniques they’d will need to start a company. That application will also intention to aid possible startup founders figure out if their idea would make a prosperous enterprise enterprise before they seem for investors and established up shop, he explained.

DivInc also programs to enhance its authentic accelerator application by giving person coaching from small business and topic issue experts who will be assigned to cohort contributors, James claimed. Each of the cohort contributors will also now receive funding from DivInc to assist them shift more quickly in developing their companies. 

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