Startup Accelerator MuckerLab Calls for Fall Semester Applications, Partners with Mozilla to Help Give Entrepreneurs a Kick-Start

In an effort to boost the growth of L.A.’s overall technology ecosystem, MuckerLab provides seed funding to entrepreneurs, offering them a three-month structured program that gives them access to a network of mentors and advisors who can help them build, launch and grow their businesses.

From PR Newswire:

“LOS ANGELES, June 28, 2012 /PRNewswire/ — MuckerLab, a privately funded startup accelerator focused on incubation-stage Internet software, services and media ventures in the Los Angeles market, announced this week that it is currently accepting applications for its upcoming 2012 fall semester. Following a successful winter semester, the startup accelerator recently hosted its first inaugural, invitation-only Demo Day last April, in which start-up companies, including Instacanvas, Laffster, LifeCrowd, Penango, SurfAir, Retention Science, OttoLikesLab and Wallaby Financial, officially presented themselves to more than 200 potential investors.

MuckerLab also recently announced that it’s teaming up with Mozilla’s WebFWD to create a joint acceleration program. By combining the resources of Mozilla and MuckerLab, the companies plan to offer open source entrepreneurs a chance to create new venture in-residence at the MuckerLab offices in Los Angeles. WebFWD is Mozilla’s Open Innovation program designed to transform open source projects into business.

The new MuckerLab-WebFWD joint acceleration program will provide teams with up to six months (including three months at MuckerLab) of mentorship from industry experts in the open source community, as well as the broader technology ecosystem, access to the Mozilla global network, infrastructure and other world-class resources.

MuckerLab will continue its commitment to working hands-on with accelerator companies to provide day-to-day guidance and resources to help make these companies successful. According to MuckerLab Co-Founder William Hsu, the new joint program with Mozilla’s WebFWD creates yet one more unique avenue of support and exposure.

Pascal Finette, Director of Mozilla’s WebFWD acceleration program, said: “The new MuckerLab-Mozilla partnership will allow open source entrepreneurs, especially those based in Los Angeles, to receive a great jump start to their venture via resources and expertise,” Finette said. “The joint program will help provide a global platform to enhance entrepreneurs’ reach through both the Mozilla brand and the MuckerLab network.”

In an effort to boost the growth of L.A.’s overall technology ecosystem, MuckerLab provides seed funding to entrepreneurs, offering them a three-month structured program that gives them access to a network of mentors and advisors who can help them build, launch and grow their businesses.

“Perhaps not commonly known, Los Angeles has had a long-standing reputation as a hub for science- and deep technology-based innovations due to our proximity to some of the world’s best research universities, as well as our history in supporting the defense and space industry,” Hsu said. “Through the MuckerLab-WebFWD joint acceleration program, we hope to continue that legacy by helping the open source community in L.A. commercialize technology and build industry-defining businesses…”

READ FULL PRESS ANNOUNCEMENT [web]
MuckerLab To Present During Variety’s Venture Capital & New Media Summit [web]
How to Apply to MuckerLab’s Fall Program [web]
How to Apply to Mozilla’s WebFWD Program [web]
MuckerLab [web]

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