There are hundreds of tech accelerators, but very, very few specialize in music tech. Project Music Accelerator run by Nashville's Entrepreneur Center and sponsored by the Country Music Association is a rare exception.
Nashville's Project Accelerator is entering year two with a new round of applications. Music tech startups in social media, big data, content monetization, hardware, distribution, engagement and others from around the globe will be invited to apply for the accelerator program starting September 1st.
Six to eight applicants will be selected to participate in a three month high intensity bootcamp at the Nashville Entrepreneur Center. Each startup will be awarded a minimum of $30,000 investment. The 2015 Accelerator program launched eight new music-tech startups covering everything from audio quality to distribution that have collectively raised over $2 Million in funding.
“Building artists’ careers occupies most of the entertainment business executives' time. It doesn’t allow much bandwidth to solve immediate and long term structural issues for the industry at large,” explains CMA Board Member and EC Master Mentor, Joe Galante. “Project Music helps tackle these issues by introducing new music-centric companies led by Entrepreneurs. Their passion to build solutions without being burdened by day to day legacy issues is important to changing the game.”
Details and sign up information are live on the program’s new website www.projectmusic.co.