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New Ventures Tech Accelerator


Who Would Benefit from the New Ventures Tech Accelerator?

  • If you are a tech entrepreneur with a scalable solution to a problem that matters…
  • You don’t have a technical team to build your product…
  • And you want an affordable, resource-rich environment to launch your startup…

Then this is the place and the program for you.

What Are the Requirements?

  • We review applications year-round and will select up to three companies to work with per year.
  • You have to be committed to launching your company, and it has to be scalable.
  • You have to base your company at the Cabarrus Center for 12 months of service acceleration and incubation
  • The space is free until you achieve $10K in MRR or close a seed round.

What Are the Services?

  • $50,000 worth of free software and business development services
  • A dedicated tech team from Induro.io
  • Product roadmap and MVP build with product specialist, software architect, and fractional CTO.
  • Business development, legal and accounting services.
  • Access to Cabarrus Center Venture Mentor Services

What About Investment?

  • You will have the opportunity to pitch to the New Ventures investment program.
  • We will help you develop a fundraising strategy and connect you to our funding pipeline.
  • Induro.io offers the option of additional development services in exchange for equity.

Mentoring Services

Serving the Greater Charlotte, NC region, New Ventures is a services-based accelerator and incubation program. We offer early stage founders up to $50,000 in free software development, legal, marketing, business development and accounting services.

In addition, companies accepted into the program get free workspace at the Cabarrus Center until they achieve investable market traction and are assigned a Venture Mentor Services team of 3-5 mentors.

Induro.io has based their development team at the Cabarrus Center to support the program, and additional service providers include:

Jill Atherton

Lean startup development

Peter Marsh

Innovation coworking space

Erik Murphy

Building excellent software

Keegan Rice

Building excellent software

Justin Moore

Branding and marketing

Jeff Wolfe

Legal services

Looking for companies:

  • In Healthcare, SaaS, B2B Solutions, AgriTech, FinTech
  • Located in United States, North America
  • Incorporated or not
  • Idea, prototype, users or paying users stage
  • Pre-seed
  • $1-$100k in funding
  • Currently raising or not raising funds

About Flywheel New Ventures
newventuresnc.com

New Ventures is a membership based investment organization of local entrepreneurs. All members are active investors who select the companies to enter the program and make subsequent investments. The funds raised by this organization are for the purpose of funding the Accelerator, and for investing in selected startups. All investment decisions are made by majority vote and rely heavily on milestone achievement by the selected teams during and after the accelerator program.

About Flywheel
flywheelcoworking.com

Flywheel designs and operates coworking innovation centers in collaboration with local institutions, including the Cabarrus Center. Flywheel is expanding to additional locations in North and South Carolina. Flywheel provides infrastructure for entrepreneurs, delivering affordable workspace for startups, consultants and freelancers.