Company description
Seed Sumo, located in Bryan/College Station, TX is a mentorship driven accelerator that assists young entrepreneurs with turning their early-stage startups into successful businesses.
We run a three month long program (near Texas A&M University) once each year. We're very selective - thousands of companies apply and we only take about ten companies each year. These companies get $50,000 in seed funding, in exchange for around 10% equity. Founders also get great perks such as free hosting, world-class branding services, finance/legal counseling, an amazing place to work, intensive top-notch mentorship, and a massive network of connections.
During the 100-day period, which will begin mid-May and conclude in late August, accepted founders ideate, strategize, research, build, test-market, and as the program culminates, fine tune their pitch which each startup shares in front of a large investor audience called "Demo Day". The 2014 class of 8 startups have raised around 4MM since demo day in September. Founders are exposed to a heavy dose of mentorship designed to provide priceless insights from dozens of highly skilled and successful entrepreneurs, executives and business owners.
There is immeasurable value in the mentorship-driven connections and advice each startup receives once accepted into the Seed Sumo program. When the program concludes, being an alumni does not. The supportive network of Seed Sumo alumni, mentors, and investors is unrivaled.
The Seed Sumo Accelerator Program will be marketed heavily across Texas and other startup communities nationally through mentor/investor networks, online, and at various related events across Texas. Seed Sumo is proud to be a member of the Global Accelerator Network, which is a network of around 62 of the top accelerator programs in the world. Last year, our 8 teams raised 4.1 million dollars in funding during or after our program.
