Capital Factory – A New Seed Program
January 31, 2009 Leave a comment
News comes of a new seed fund giving around $20,000 per startup and significantly, ‘weekly mentoring sessions’ by entrepreneurs. This seems very much in the Y-Combinator mould of things, offering incubation and a 10 week (May to August) program in Austin, Texas.
Capital Factory’s website can be seen here.
A fuller review article can also be seen here and which asks the pertinent question, “is now a good time to start an incubator program?”
Those behind the venture are, Joshua Baer (Founder), Sam Decker and Bryan Menell.