Los Angeles, CA (PRWEB) January 17, 2012
Startup accelerator Amplify today announced five new startups selected to participate in its intensive, mentor-driven program. Well over 100 applicants spanning a dozen states and several international cities were evaluated based on a wide array of criteria. Those that have joined Amplify include:
•Look IO (@lookio) overlays live chat support with visual feedback into mobile apps that allows customer service agents to view & support mobile users in real-time.
“We are thrilled with both the quantity and quality of deal flow since formally launching only a month ago,” said Paul Bricault, co-founder and managing partner at Amplify. “Our thesis that LA is an underserved market which is ripe with opportunity is already proving to be true.”
Amplify takes a unique approach to the traditional accelerator model, accepting startups on a rolling basis rather than setting specific application deadlines. The curriculum repeats every four months and revolves around 14 “Centers of Excellence,” from finance and operations to fundraising, marketing and product management. Once admitted, a startup can simply jump into the Amplify course work and continue until they’ve completed the program.
“Our mentors have committed a tremendous amount of time to the program; in addition to providing hands-on guidance, they teach invaluable lessons from their own experiences in the form of weekly lectures, workshops, panels and classes,” said Jeff Solomon, executive director at Amplify.
Amplify will facilitate these weekly mentor events at its campus, currently under construction at 1600 Main Street in Venice Beach, California. Each startup in the program will receive up to $50,000 in seed funding, dedicated office space, hands-on mentor meetings, introductions to investors and a three year hiatus on city taxes.
To apply for the Amplify accelerator program, visit http://www.amplify.la
About Amplify LA
Based in Los Angeles, California’s historic Venice Beach, Amplify.LA is a hands-on startup accelerator designed to help members amplify their companies for success. The program operates from a 10,000 square foot entrepreneurial campus originally designed by renowned architect, Steven Ehrlich. Amplify.LA’s investors, mentors and management include some of the most connected names in media and entertainment. To learn more, please visit http://www.amplify.la.