Shotput Ventures – New Startup Fund
January 12, 2009 Leave a comment
“Shotput Ventures, a technology startup accelerator fund, will launch a three-month program this summer to give entrepreneurs a shot at converting passion into profit.”
They have $250,000 to be spent on about 8 investments. “The deals will be small — $5,000 per team and $5,000 per founder — and focused on what the eight partners know well: capital-light, Web companies. For its effort and money, Shotput will get 5 percent to 10 percent in common stock in its portfolio companies.”
Full article here.
Another article here.