Nashville’s Music Startup Accelerator Prepares For Third Class
Nashville has been a hub for startups in the southeast for years. The Nashville Entrepreneur Center, spearheaded by Michael Burcham when it opened, is a premiere destination for startups. When they opened the doors in 2010 they quickly became the blueprint for many startup hubs outside Silicon Valley.
The Music City has been rich in venture capital, medical startups, incubators and accelerators. It was only natural that the music industry and the startup ecosystem would merge. Project Music, the accelerator for music industry startups, is preparing to enter it’s third session.
Project Music is a 16 week cohort based accelerator designed to bridge the gap between startups and Nashville’s $11 billion dollar music business. Startups focusing on music technology, event management, musical collaboration, artist gateways and more have benefit from the one of it’s kind accelerator.
Band managers, artists, publishers, tour managers and other industry executives join the normal investors, entrepreneurship and business mentors that you would find in a typical accelerator program.
This year’s participants are Event Escrow’s CEO Ben Hodge,(Texas); EyeBuy TV’s CEO Todd Coulter (California); Scripturally Sound’s CEO Kimberly Lannear (Tennessee); and Hi Karl’s CEO Florian Doumenc (New York). With over 120 applications from around the globe, the program welcomes participants from the United States, France, Spain, Australia and Mexico.
Industry veteran Stephen Linn joins the EC team as the program’s Music Entrepreneur in Residence to work hands-on with the participants and to further build the industry connections and curriculum. Eleven leading industry individuals and businesses including artist managers, major labels, artists, publishing, PROs and more are supporting the startups with investment capital.
CMA’s title sponsorship is rejoined this year by LaunchTN, Pinnacle Bank, BMI, Belmont University, Linda & Doug Howard, Rock/Paper/Scissors and the Music Biz Association.
“The Project Music accelerator continues to be supported by virtually every aspect of the music industry,” noted Joe Galante, Project Music co-founder and EC master mentor. “Managers, major labels, artists, publishing, PRO’s, and industry leaders have come together to not only provide funding, but to identify and nurture opportunities to advance the industry through tech innovation.”