FOR IMMEDIATE RELEASE
OKLAHOMA CITY, OKLA. (June 5, 2013) – VentureSpur, the seed fund and venture accelerator with offices in Oklahoma City and Dallas, announced its 2013 VentureSpur Finalists today. The 16 Finalists were the top teams chosen from among nearly 100 applications for the 2013 acceleration program. The Finalists were given an opportunity to make a short interactive pitch to the accelerator’s investors for a chance to win one of eight slots in the 2013 program. Four slots were offered last year.
The 12-week acceleration program, beginning on July 22, provides the participants with seed funding, office space, intensive mentorship from highly successful entrepreneurs, hands-on workshops, and free business services. This year VentureSpur set aside a portion of its fund for follow-on investments. Also, this year the program will host startups in both Oklahoma City and Dallas. The program culminates with two Pitch Days, one in Dallas and one in Oklahoma City, in late October.
The eight winners for the 2013 accelerator class will be announced at the end of June. The 2013 program runs from July 22 through mid-October.
“After our successful 2012 program, this year we saw a dramatic surge in the number of applications, applications from throughout the world, and an increase in the quality of the startups applying,” said Kraettli L. Epperson, Managing Director.
“In addition to excellent applications from throughout the US, we also had strong applications from Europe, including both London and Moscow. We attribute this worldwide interest to the outstanding work of the startups in our inaugural class and our generous mentors, who have helped us to launch a worldwide accelerator brand in just a year and a half,” said Epperson.
VentureSpur is a seed fund and venture accelerator with offices in Oklahoma City and Dallas. The accelerator provides seed investment, a 12-week “boot camp,” mentorship with successful entrepreneurs, office space, free services and access to further venture capital. It held its first class in 2012, during which it helped several startups raise significant investment capital. For more information, visit www.VentureSpur.com.