gener8tor Bronze Valley Accelerator Investment Accelerator 2022
Bronze Valley Expands Programming with Investment Accelerator, Seeking Managing Director
BIRMINGHAM, Ala. - Bronze Valley, a Birmingham-based a non-profit, early stage venture investment platform, has announced an expansion of its accelerator programming in partnership with gener8tor, a venture firm and national accelerator network.
Bronze Valley and gener8tor began their partnership with Bronze Valley gBETA Accelerator, a non-equity accelerator focused on underrepresented founders, and gALPHA Accelerator, a non-equity entrepreneurship program for students affiliated with Alabama historically black colleges and universities. Over the last two years, the Bronze Valley Accelerator has supported 20 companies across four cohorts that have collectively raised over $8 million in venture capital following the program.
Building on this success, Bronze Valley and gener8tor are expanding the partnership to include an equity-based accelerator program to kick off in 2023. The Bronze Valley Investment Accelerator will select five companies per year to participate in the accelerator program, and each company will receive $100k investment from Bronze Valley.
The program will focus on startups that have the opportunity for significant and scalable economic impact. gener8tor’s network and expertise in sales, marketing and go-to-market strategies support startups that are primed to achieve their growth and fundraising goals.
“The partnership between Bronze Valley and gener8tor represents a tremendous contribution to innovation and the growth of new business and economic opportunity in Birmingham and beyond,” said Neill S. Wright, president and CEO of Bronze Valley. “Expanding this critical partnership through the Bronze Valley Investment Accelerator will increase our impact as we continue to support entrepreneurs and help define the future of business growth in our region and across the country.”
The accelerator is supported by the Alabama Department of Commerce, Bronze Valley, Alabama Power, Regions and Spire. The Bronze Valley Investment Accelerator is held once per year with five diverse and/or female-led companies accepted per year to ensure a high level of individualized attention.
Currently, gener8tor is seeking to hire a managing director to lead the Bronze Valley Investment Accelerator through the expansion. Those interested in learning more can reach out to Investment Accelerator Senior Managing Director Haley Medved Kendrick at haley@gener8tor.com or visit gener8tor.com/careers.
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About gener8tor
gener8tor is a venture firm and national accelerator network that supports startups, founders, workers, employers, artists and musicians across race, place and gender. gener8tor partners with companies, governments, universities and nonprofits to operate programs in more than 35 communities across 20 states and two countries. Fast Company named gener8tor one of the Best Workplaces for Innovators in 2021 and 2022.
About Bronze Valley
Bronze Valley is a nonprofit, early stage venture investment platform that supports high growth, innovation and technology-enabled companies created by diverse, underrepresented and underestimated founders. The mission of Bronze Valley is to provide an education-to opportunity-to-outcome pipeline for communities that are underrepresented in technology careers and in fields where innovators will shape the future.
