Project Music, the nations only music and technology business accelerator, has caught the eye of local investment group, Bullpen Ventures.
Operating in partnership with the Nashville Entrepreneur Center (EC) and the Country Music Association (CMA) the 8 Project Music startups received $30,000 in seed money and are currently participating in the fourteen week music accelerator.
The stakes have been raised by Bullpen Ventures who recently committed a $100,000 investment to one team following the 2015 Startup Showcase.
“We are excited about the Project Music cohort and look forward to following their progress over the next several weeks. This is a unique opportunity that aligns with our investment strategy which is to support the Nashville Entrepreneur Center and the successful entrepreneur ecosystem that exists in this community,” says Mark Montgomery, who leads the music specific investment committee at Bullpen.
Project Music teams will present their ideas to investors live on stage on April 23rd, 2015 at the CMA Theatre in the Country Music Hall of Fame.
For more information about Project Music, please visit http://www.ec.co/projectmusic.