Disney is Launching a Startup Accelerator
The Walt Disney Company is getting into the startup incubator business with the launch of a new program called the Disney Accelerator. Disney is looking for 10 “early-stage companies with innovative consumer media and entertainment product ideas.” Each startup will recieve a $120,000 investment and mentorship from the tech and entertainment industries, as well as from leaders in various Disney divisions (including Pixar, Marvel, Lucasfilm, ESPN, and Walt Disney Imagineering), not to mention Disney CEO Bob Iger.
The accelerator will be based in Los Angeles. Applications are due by April 16, with the program scheduled to begin on June 30 and an investor demo day planned for September.
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