The Southern Middle Tennessee Entrepreneur Center (SMTEC) is offering the "autoXLR8R," a new automotive accelerator program based in Spring Hill, Tenn. The mentor-driven bootcamp will offer several companies the opportunity to connect with automotive manufacturing and technology commercialization experts, as well as investors, for an immersion-style experience designed to help propel new innovations to market.
The program will include intense training in commercialization and business fundamentals with hand-selected advisors, exposure to industry investors throughout the program, and demo days to make pitch presentations. Companies will be provided office space and $20,000 in exchange for six to ten percent equity, and promising applicants will be eligible for a $100,000 convertible note at a minimum.
The 13-week program is open to any start-up business or entrepreneur with a new technology applicable to the automotive industry and runs May 13 - August 8. Applications will be accepted now through April 5. Please visit autoXLR8R.com for more information and to apply.
