It’s not quite the $150,000 offered to Y Combinator companies, but DreamIt Ventures is dangling some cash of its own to its startups in an attempt to keep them nearby and ensure the accelerator program stays competitive.
The Philadelphia-based organization, which recently launched a New York class, said it is teaming with venture fund Ben Franklin Technology Partners of Southeastern Pennsylvania to launch DreamIt Plus, a program for graduating startups that allows them to potentially receive up to about $60,000 in total funding. The money, along with additional support from Ben Franklin, is designed to help startups that are still looking to lock up their Series A round of funding.
To read the full, original article click on this link: Accelerator DreamIt Ventures gets on the cash bandwagon — Tech News and Analysis
Author:Ryan Kim
