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# Project Music Is Ready To Fund $20,000 Seed Round For 6 – 8 Startups
- URL: https://www.hypebot.com/entrepreneur-center-releases-updates-on-music-tech-initiative-project-music/
- Published: 2014-10-23T13:00:00.000Z
- Updated: 2014-10-23T13:00:00.000Z
- Description: Eight music and entertainment companies have committed to providing seed investment funds to select startups through a 14 week music tech accelerator at the Nashville Entrepreneur Center. The six to eight. Continue reading [https://www.hypebot.com/hypebot/2014/10/entrepreneur-center-releases-updates
- Author: Guest Author
- Tags: Conventions & Awards, DIY Advice & Tips, Music Business, Music Tech, Startups & Funding, Country Music Association, Creative Artists Agency, Enzyme Commission number, Karl Dean, Nashville, Nashville Tennessee, Ryman Hospitality Properties, Universal Music Group, #wp, #wp-post, #Import 2026-01-21 10:38

[![Screen Shot 2014-10-23 at 1.10.54 AM](https://a4.typepad.com/6a01901b9a0100970b01bb079df7b4970d-200wi "Screen Shot 2014-10-23 at 1.10.54 AM")](http://a4.typepad.com/6a01901b9a0100970b01bb079df7b4970d-popup?ref=hypebot.com)

Eight music and entertainment companies have committed to providing [seed investment](http://en.wikipedia.org/wiki/Seed%5Fmoney?ref=hypebot.com) funds to select startups through a 14 week music tech accelerator at the [Nashville](http://maps.google.com/maps?ll=36.1666666667,-86.7833333333&spn=0.1,0.1&q=36.1666666667,-86.7833333333%20%28Nashville%2C%20Tennessee%29&t=h&ref=hypebot.com) Entrepreneur Center. **The six to eight companies chosen to participate in the accelerator will receive a seed investment of $20,000 or more to jumpstart their launch and push through the accelerator in exhange for equity.**

**Last month, the [Country Music Association](http://www.cmaworld.com/?ref=hypebot.com) partnered with "Project Music" as the program's lead sponsor. The association's financial commitment remains undisclosed.** Seed investment group founders include: [Creative Artists Agency](http://www.caa.com/?ref=hypebot.com), Vector Management, [Ryman Hospitality Properties](http://rymanhp.com/?ref=hypebot.com), [Universal Music Group](http://universalmusic.com/?ref=hypebot.com), Spalding Entertainment, DevDigital, Red Light Management and Galante Entertainment.

"Nashville has the highest intensity of [music industry](http://en.wikipedia.org/wiki/Music%5Findustry?ref=hypebot.com "Music industry") jobs than any other U.S. city, so whether it is our songwriters, publishers or music companies, Nashville has it all," Nashville Mayor [Karl Dean](http://pubads.g.doubleclick.net/pagead/adview?ai=BGBGzvrJIVN2II6S7lAKXroGwA%5Fmv9IEGAAAAEAEgqZbaHzgAWJHQ8eG%5FAWDJlvOGyKOgGbIBE3d3dy5iaXpqb3VybmFscy5jb226AQlnZnBfaW1hZ2XIAQnaAWNodHRwOi8vd3d3LmJpempvdXJuYWxzLmNvbS9uYXNodmlsbGUvYmxvZy8yMDE0LzEwL2VudHJlcHJlbmV1ci1jZW50ZXItcmVsZWFzZXMtbW9yZS1kZXRhaWxzLW9uLmh0bWyYAui2AcACAuACAOoCFy80NjM1L2J6ai5uYXNodmlsbGUvb29w-AKE0h6QA6wCmAPgA6gDAeAEAZIFCwgHEAEYASDJmOgYkgULCAcQARgBILHbjRmSBQsIBxABGAEgmZ3qGJAGAaAGIA&sigh=pbXsiYYNhH0&cid=5Gj4EkgsffJU8TL2qG9TnkOe&adurl=http://pagead2.googlesyndication.com/pagead/imgad?id=CICAgKDjv7TZOhABGAEyCLAIw5TSzM3h%26t%3D10%26cT%3Dhttp%253A//bizjournals.com%26l%3Dhttp%253A//www.bizjournals.com/nashville/search/results%253Fq%253DKarl%252520Dean) said in a press release. "**It is great to see a group of local companies invest in music technology startups. Nashville's front door for innovation is the [EC](http://en.wikipedia.org/wiki/Enzyme%5FCommission%5Fnumber?ref=hypebot.com "Enzyme Commission number"), and this music accelerator will only enhance our creative economy."**

[![Static.squarespace-2](http://a2.typepad.com/6a01901b9a0100970b01b8d082dd92970c-500wi "Static.squarespace-2")](http://www.ec.co/projectmusic/?ref=hypebot.com)

Applications for the accelerator are [open for entry](http://www.ec.co/projectmusic/?ref=hypebot.com) and will remain open through November 24, 2014\. 'Project Music is expected to launch in early 2015.

Source: [BizJournals.com](http://www.bizjournals.com/nashville/blog/2014/10/entrepreneur-center-releases-more-details-on.html?ref=hypebot.com)