New Orleans's nonprofit organization, The Idea Village,
has aimed to support regional startup businesses throughout the city towards a
brighter future. According to their website, VILLAGEx
is an industry-leading accelerator program focused on providing mentorship, education,
and tools from industry leaders to assist entrepreneurial businesses. This
program will provide both virtual and limited in-person programming opportunities,
supplying mentorship to aid entrepreneurs in the development and growth of
their startup businesses. Interested entrepreneurs can apply online at gust.com/programs/villagex-2021
until November 20, and the program will run for 16 weeks, starting this January
and going until May 2021.
VILLAGEx offers various beneficial services towards boosting and developing
rapid growth of entrepreneurial businesses. VILLAGEx's selection criteria
emphasize the product, team, traction, and market of the entrepreneurial
business. It seeks startup businesses that are integrating technology to
resolve or enhance processes, set the stage to enable growth within their
business, and produce new, inventive ideas to revolutionize the business
market. VILLAGEx's startup accelerator will provide entrepreneurs with advantageous
information and guidance regarding business models, projects, and operations. It
will also offer entrepreneurs firsthand resources, peer connections, support
for pitches and fundraising, and networking opportunities.
VILLAGEx will conclude with a virtual demo day during which founders will showcase
the growth of their company and future for potential success. The virtual event
will host an audience of over 500 people, allowing investors and community
members throughout the country to offer support for local startups. Idea
Village emphasizes that VILLAGEx will help to hone entrepreneurial
business models towards long-term success that ultimately helps to support
businesses, gain prospective customers, receive financing, and build a
community that will benefit upcoming businesses.