Late last month, January 27th to be exact, the Disney Accelerator opened up applications for their 2015 class. To be 100% honest, I had no idea that this was even a thing. That said, after reading through the website, this looks like a pretty solid accelerator. Launched in 2014, the L.A. based Disney Accelerator is pretty narrowly focused:
Disney Accelerator is looking for technology-powered startups from around the world with innovative ideas for products and services in the consumer entertainment and media space. We are looking for consumer entertainment experiences, not enterprise services – innovations that will transform entertainment and media. No scripts, screenplays or ideas for attractions, please.1
Each company accepted into the Disney Accelerator receives, “$20,000 in funding upon acceptance, and access to an additional $100,000 convertible debt note at their sole option.”2 According to the f6s application for the program, the accelerator takes a 6% equity stake for the funding – a pretty standard figure. Thus far, the Disney Accelerator has graduated 10 companies.3
The Techstars powered program provides access to a huge list of mentors. Essentially, the companies accepted into the program will have access to just about every single Disney executive – be it with Disney proper or one of the many Disney subsidiaries. Beyond Disney executives, the program also provides access to the massive Techstars mentor network, including people such as Brad Feld, David Cohen, and Jason Calacanis among many, many others – full list of mentors here. Overall, the Disney Accelerator looks like the perfect program for any company involved in entertainment or media. Applications will be accepted until April 19, 2015.