Here at nibletz.com we continue to provide superior national coverage of the southeast. With that in mind we love covering Nashville’s startup scene and especially their local accelerator program Jumpstart Foundry.
Jumpstart Foundry is a three month cohort based startup accelerator program. Several alumni have received follow on funding. RentStuff, a Jumpstart Foundry graduate from two years ago was acquired back in November..
JSF’s 2012 program accelerated the growth of ten startups and built on the overall Jumpstart Foundry track record of success. Like other national accelerators, JSF rates its success in part on the number of graduate companies that are able to raise capital or boot-strap operations without additional capital. Over the first three years of the program, JSF has achieved a very strong 65% success rate. Thirteen JSF alumni have raised follow- on capital and are building operations. These results combined with a rigorous program refined over multiple years, a deep mentor pool and affiliation with the Global Accelerator Network position Jumpstart Foundry as one of the top accelerators in the United States.
“Each year both the number and quality of applicants has grown,” Marcus Whitney, chief technology officer for Moontoast and one of Jumpstart Foundry’s managing directors said in a statement. “Given the program’s established track record of success for our graduates, I’m excited to see the group this year.”
“Year after year we increase the strength of the Jumpstart Program expectations in terms of Mentors, guest speakers and participating company performance. The tradition continues this year as we open up the application process for 2013″ Vic Gatto, Partner at Solidus Company and Managing Director at Jumpstart Foundry told nibletz.com.