Home » Disney Corporate, Disney Media

Disney Accelerator Program Hosts Inaugural Demo Day at The Walt Disney Studios

By
16 October 2014 No Comment

Accelerator_1The Disney Accelerator Program ended with the inaugural Demo Day at The Walt Disney Studios Lot.

The Demo Day gave the 10 participating companies a chance to present their businesses to investors and entrepreneurs, industry leaders, and Disney executives.

The Disney Accelerator Program was an intensive 15-week program where the companies had access to 60 Disney executives, 70 entrepreneurs and investors, and Disney resources. The participating companies also received up to $120,000 in investment capital.

“This group of start-ups has made tremendous progress evolving and growing their businesses in the past fifteen weeks,” said Kevin Mayer, Disney’s Executive Vice President, Corporate Strategy and Business Development.  “It has been a fantastic learning experience for them and an opportunity for Disney to get in on the ground floor with a new generation of innovators.  We look forward to the opportunity to work with all of these companies moving forward and to meeting a new set of participants next year.”

During Demo Day one of the companies – Smart Toy – announced that it had been acquired by Cartwheel Kids, a Los Angeles-based manufacturer of children’s products. Another Accelerator company, SnowShoe, announced that it secured $2.2 million in seed financing.

Two other companies – Choremonsters and Codarica – launched mobile apps.

Source

Related Posts


Leave your response!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.