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Applications for efactory Accelerator Program Open May 1

Applications for efactory Accelerator Program Open May 1
Paige Oxendine
Assistant Director, efactory
Applications for Cohort 5 of the efactory Accelerator program will open on May 1, 2021 and remain open through midnight on May 31, 2021. The program, which helps entrepreneurs jumpstart companies and shave years off their roadmap to success, provides selected participants with a capital investment in addition to world-class support and entrepreneurial resources.
Companies selected to participate in Cohort 5 will each receive a $30,000 investment in exchange for eight percent equity. All participating companies also gain access to a dedicated business consultant with the Missouri SBDC at MSU, a lead mentor, industry introductions, specialized programming, founder peer groups and roundtables, legal and accounting assistance, our full mentor network and more. Content and programming for the accelerator will be delivered in on-demand, in-person, and virtual formats so ....

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The eFactory is seeking Missouri startup companies for its 2021 'Accelerator' program

"You don't have to move to Silicon Valley to get your company funded," said a Springfield-based CEO whose company won a spot in the 2019 Accelerator. ....

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Missouri State University eFactory program seeks startup companies

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Timothy Baynes told the News-Leader Friday that when most people think about the startup ecosystem for tech companies, they associate sources of early capital investment with places like Boston and Silicon Valley.
But Baynes, CEO of a Springfield-based startup devoted to optimizing the ecommerce shopping experience through smart recommendation, said heartland entrepreneurs with a winning idea don t have to venture so far away in search of seed capital.
Baynes company, Compatio, was among hundreds of applicants competing for one of five spots in Missouri State University s 2019 eFactory Accelerator program, the most recent year the eFactory ran the program. The Accelerator took a pause during the 2020 pandemic year, but it s coming back for 2021. ....

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