
Los Angeles-based venture firm Backstage Capital announced today the companies it selected for its three-month, multi-city accelerator program aimed at underserved founders.
In the Philly iteration of the program, six companies will spend three months receiving mentorship and connections to other investors, and Backstage will invest between $25,000 and $100,000 in capital into the startups. In addition to Philadelphia, the program will also take place in London, Los Angeles and Detroit.
“The city of brotherly love is ready to embrace a remarkable group of up-and-coming companies focused on convenience and confidence as Backstage Philadelphia welcomes its inaugural cohort,” said Liz Brown, managing director of the local accelerator, in a Medium post. “These companies will go through 3 months of consulting, development, and financial guidance before joining the ranks of Backstage Headliners. Our crew could not be more excited to support the founders as they grow.”
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