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No-code software startup accelerator coming to NextCorps
No-code software startup accelerator coming to NextCorps
A federal grant will provide funding for the launch and oversight of a software startup accelerator for non-technical founders at NextCorps.
The Scaling Pandemic Resilience Through Innovation and Technology (SPRINT) grant of $743,000 will be combined with matching and in-kind funds of $241,000. SPRINT is an Economic Development Administration program.
The goal is to establish a repeatable model for developing high-growth startups in the region while at the same time engaging students from Rochester Institute of Technology and the University of Rochester.
The software accelerator will leverage the “no-code” movement to help non-technical founders build scalable web and mobile applications, enabling these startups to start down the path to revenue in the first year with no outside funding.
“The accelerator will help us to establish a repeatable model for developing high-growth software startups in the Rochester region, which will increase the resilience of the area to economic disruptions caused by events like the COVID-19 pandemic,” James Senall, president of NextCorps, said in a news release. “It will also increase our innovation capacity and foster the creation of high-wage jobs locally.”
There were 44 organizations from 25 states and Puerto Rico selected from a pool of 238 applicants to receive grants, which totaled $29 million.
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