RESTON, VA–(February 3, 2008) – LaunchBox Digital, an early-stage investment firm and organizer of LaunchBox08, and iFOCOS, a new-media think tank and convener of the annual We Media conference, are partnering to identify and accelerate the development of innovative media startup companies.
The strategic partnership will interweave initiatives from both organizations. At iFOCOS’ We Media conference in Miami, Feb. 26 to 28, entrepreneurs will “pitch” startup ideas to a panel of investors and experts, including John McKinley, LaunchBox Digital’s co-founder. LaunchBox Digital will also be a sponsor of the We Media Miami conference.
“Our conference pitch sessions have been very popular, giving entrepreneurs a chance to get instant feedback from experienced investors. Partnering with LaunchBox takes this goal even further, pushing beyond advice to action,” said Andrew Nachison, co-founder of iFOCOS.
The best idea for a web-based startup will automatically receive “finalist” status in the competition to take part in LaunchBox08, a 12-week business-accelerator program in Washington, D.C., where 6 to 10 companies will each receive a $15,000-to-$30,000 investment, mentorship from world-class advisors and exposure to investors.
“LaunchBox08 is a platform for entrepreneurs to launch new technology businesses,” said Matt Jacobson, LaunchBox Digital’s executive director. “Partnering with iFOCOS will enhance our pool of new media applicants and broaden our global reach.”
iFOCOS founders Nachison and Dale Peskin will also participate in components of LaunchBox08.
To apply for the pitch session at the We Media Miami conference: http://ifocos.org/2008/01/23/pitch-it-bring-your-new-biz-idea-to-miami/
To apply for LaunchBox08: http://www.launchboxdigital.com/apply-online.html
ABOUT iFOCOS:
Founded 2006, iFOCOS is a media think tank and futures lab committed to harnessing the power of media, communication and human ingenuity for the common good. iFOCOS organizes the We Media Community, produces research, working groups and other projects that reflect, inform and inspire the community, in addition to organizing the annual We Media Global Forum and Festival.
ABOUT LAUNCHBOX DIGITAL:
LaunchBox Digital, an early-stage investment firm located in Washington, D.C., is the organizer of LaunchBox08, a summer accelerator program focused on helping entrepreneurs get the capital, advice, and practical guidance to succeed.
Contact information:
Contact information:
Matt Jacobson
Executive Director
LaunchBox Digital
(703) 946-6374
Andrew Nachison
Co-Founder
iFOCOS
(703) 880-2659