Dallas, TX (PRWEB) May 10, 2013
OTA Ventures announced today that its new AccelerateNFC incubator program will exhibit next week in San Francisco, at the NFC Solutions Summit 2013 presented by the Smart Card Alliance and NFC Forum.
The AccelerateNFC incubator program is designed to nurture, mentor, advise and help fund NFC-based start-up companies to fill the void in technological and application development that will enable and support businesses to drive the growth and adoption of near field communication (NFC). Robert P. Sabella, co-founder and mentor of the AccelerateNFC program along with other mentors, will be attending and exhibiting at this year’s NFC Solutions Summit.
According to Sabella, “The Smart Card Alliance and NFC Forum are two of the strongest advocates and drivers of NFC adoption. The annual NFC Solutions Summit is the premiere showcase of leaders in the NFC value chain and ecosystem. While we continue to see growth in the adoption of NFC, we find there is no support system for less experienced entrepreneurs in the industry. AccelerateNFC is poised to provide this support system and welcomes participation from the thought leaders who will be at the Summit.”
Randy Vanderhoof , executive director of The Smart Card Alliance, added, “We are happy to welcome the AccelerateNFC incubator to the show this year and are very supportive of what they are doing. There is a real need for continued awareness and innovation in order to drive NFC adoption and this program answers that need.”
AccelerateNFC will be located in Booth 215.
The AccelerateNFC program will begin taking applications immediately, with up to five selected participants announced October 15. Then beginning November 1, participants will begin a 12-week, intensive program that delivers mentors’ deep collective expertise in go-to-market strategy, product development, distribution and fundraising, all of which can help rocket a company into the national marketplace. The inaugural program will culminate in a showcase and product launch at Austin’s South by Southwest event in March 2014.
SOURCE: OTA Ventures
— ABOUT —
About AccelerateNFC (http://www.acceleratenfc.com) — Created by OTA Ventures (http://www.otaventures.com) and based in Dallas, Texas, AccelerateNFC™ is a mentor driven, mentor funded idea incubator/success accelerator for high potential companies. Accelerate NFC focuses on near field communication (NFC) companies, matching the highest caliber talent, resources and funding with those companies who are ready to take their ideas and products to the next level.
About The Smart Card Alliance (http://www.smartcardalliance.org.) — The Smart Card Alliance is a not-for-profit, multi-industry association working to stimulate the understanding, adoption, use and widespread application of smart card technology. Through specific projects such as education programs, market research, advocacy, industry relations and open forums, the Alliance keeps its members connected to industry leaders and innovative thought. The Alliance is the single industry voice for smart cards, leading industry discussion on the impact and value of smart cards in the U.S. and Latin America. For more information please visit http://www.smartcardalliance.org.
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