DivInc, the Austin accelerator for diverse entrepreneurs, is ready to launch another group of startups through its 12-week program.
The fall cohort, which starts Sept. 5, is composed of eight women and seven men. Nine of the 15 are from ethnicities that are typically underrepresented, according to DivInc.
To be considered, companies must be tech or tech-enabled with at least a validated concept, but preferably a viable product.
The new group -- DivInc's third cohort since its launch -- includes entrepreneurs in education tech, artificial intelligence, mobile apps and a marketplace for gardeners.
“Just think about the socioeconomic impact an inclusive, innovative tech startup ecosystem will have,” said Preston James, co-founder and CEO of DivInc. “With the population shifting to 51 percent people of color by 2040, it’s not only imperative but essential that these demographic groups be major contributors to economic growth in the U.S.”
DivInc serves as a pre-accelerator, giving entrepreneurs an opportunity to catch up with peers who have already had access to mentors, investors and other resources.
The goal is to prepare founders to get accepted into national accelerators, such as TechStars or 500 Startups, and give them the skills and investor connections they need to raise seed funding.
DivInc, which operates out of Austin tech accelerator Capital Factory, launched its first program a year ago.
The latest cohort will conclude with a Demo Day on Nov. 30.
Here are the startups in DivInc’s Fall 2017 program:
Data Bot Box, AI and psychology
enautics, business to business software as a service
Gardenio, a marketplace for gardeners
FuzeU, education tech
iuzeit, mobile app
Maximus Box, retail tech
Penguino Travel, travel tech
Retreat Place, travel and wellness tech
Sponsorfy, online marketplace
Spot Loc82, mobile app
WutzGood, mobile app
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