The Company Lab (CO.LAB) announced its partnership with gener8tor, a nationally-recognized venture firm and accelerator generator, through a new accelerator program that will target the growth and development of startups and entrepreneurs in Chattanooga focused on sustainable mobility innovations.
“This opens so many doors for putting Chattanooga on the map at a national level,” Tasia Malakasis, CEO, CO.LAB said.
“We already have unparalleled resources that no other parts of the country have. Now, with this accelerator program, we could be considered as one of the top cities for startup growth in the country.”
CO.LAB’s newest accelerator program, the CO.LAB Sustainable Mobility Accelerator, will support up to two cohorts of six high-growth sustainable mobility startups on a yearly basis, with a $20,000 investment into the selected companies and additional funding of up to $100,000 at the conclusion of the program. Companies will also receive access to a national network of experienced mentors, technologists, industry experts, venture capitalists, and local corporate partners.
“We’ve supported almost 50 cities with entrepreneurs across the country and Chattanooga is a new, exciting step for us. The sustainable mobility industry is growing at a rapid pace nationwide and we are excited to help Chattanooga be at the forefront of it,” Lauren Usher, Partner, gener8tor said.
Companies across the world are invited to apply. The Company Lab and gener8tor will create a special panel to select a handful of companies after applications close during Summer 2023.
The new program was announced at the start of CO.LAB’s CO.MOBILITY summit, a three-day event headlined by AOL founder, Steve Case.
Read a recent Trend interview with Kirk Burton, Chief Operations Officer, Co.LAB on the CO.MOBILITY summit, here.
Learn more about the CO.MOBILITY summit, here.
Interested applicants can apply by June 30, here.