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gener8tor and MidCity Accelerator Foundation Welcome 10 Companies to the Spring gBETA Huntsville Accelerator
Gus Wintzell

gener8tor and MidCity Accelerator Foundation Welcome 10 Companies to the Spring gBETA Huntsville Accelerator

May 9, 2023/in Career, Community Development, Economy, Employment, Events, Featured, Lead, News, Success, Workforce Development/by Gus Wintzell

Global venture firm and startup accelerator gener8tor, in partnership with the MidCity Accelerator Foundation, kicked off two gBETA Huntsville cohorts in April. The gBETA accelerator focuses on early-stage companies based in Huntsville and surrounding areas, with programming taking place in Huntsville.

gener8tor gBETA is a free seven-week, no-equity accelerator program that provides startup founders with intensive concierge coaching and access to its national network of mentors, customers, corporate partners and investors. The programs are designed to set a path for startups to participate in equity-based accelerator programs and investment opportunities.

The 10 selected companies stood out as some of the best and brightest in Alabama from a very competitive applicant pool and interview process.

“The MidCity Accelerator Foundation, MidCity District and RCP Companies are thrilled to launch our two Spring 2023 gBETA cohorts with gener8tor’s leadership,” said Lindsey Pattillo Keane, Executive Director, MidCity District Association.

“We’ve had the opportunity to meet many of these entrepreneurs, and North Alabama is in for a treat. MCAF is passionate about entrepreneurs staying, growing and flourishing in our region. I invite the community to attend the gener8tor events and volunteer to be a mentor. Knowing local entrepreneurs is key to knowing your community.”

The MidCity Accelerator Foundation and gener8tor have been working to grow the northern Alabama startup ecosystem. Since the partnership began in 2021, the programs have assisted more than 35 local entrepreneurs.

Since 2022, the MidCity Accelerator programs have led to the immediate creation of 20 high-tech jobs in Alabama. According to the Moretti multiplier, these jobs will lead to approximately 100 indirect jobs in the north Alabama region.

Together, the gBETA and MidCity Accelerator Foundation aim to bring economic diversity and job growth to Huntsville.

“We’re thrilled to partner with MidCity Accelerator Foundation to bring these programs to life and bolster the startup community in Huntsville,” said Lauren Usher, gener8tor partner overseeing gBETA. “We’ve seen the incredible economic impact of the gBETA program in other parts of the country, and we’re excited to bring that same impact to Alabama.”

At the end of the gBETA program, startup founders will pitch their companies to investors, community partners and the public at an evening showcase on Monday, June 26 in Huntsville.

Startup founders looking to learn more about gBETA, and mentors and investors interested in connecting with the startup companies and programs can contact Donna Ehart, Huntsville Investment Accelerator Managing Director, or Hua Wang, gBETA Huntsville Director.

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Tags: City of Huntsville, gener8tor, MidCity Accelerator Foundation, MidCity District
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https://huntsvillebusinessjournal.com/wp-content/uploads/2023/05/gener8tor-and-MidCity-Accelerator-Foundation-Welcome-10-Companies-to-the-Spring-gBETA-Huntsville-Accelerator.jpg 316 833 Gus Wintzell https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Gus Wintzell2023-05-09 06:15:002023-05-12 10:47:31gener8tor and MidCity Accelerator Foundation Welcome 10 Companies to the Spring gBETA Huntsville Accelerator
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