The NewME Accelerator program is getting more support as it heads towards its second class of founders, today announcing that it’s landed top venture firm Andreessen Horowitz as a sponsor/partner. Joining other backers, including Google, HP and Tagged, the firm will also provide mentors for companies, speakers at founder dinners, as well as connect top minority tech talent with its Talent Agency.
The program, operating out of San Francisco this year, describes itself as “a residential technology start-up accelerator/incubator for businesses that are led by under-represented minorities in the technology industry.” Its first class from last year is off to a good start (check out Alexia’s coverage of its Demo Day for more details). Although the program didn’t provide seed money, its first ten companies have collectively raised more than $600,000.
And, from AH today:
NewME’s mission is to accelerate, educate, and empower underrepresented tech entrepreneurs around the world. One of our most sought after initiatives, NewME Accelerator, is an intimate and intensive 12 week residential program that launches minority and women-led startups. NewME’s vision is to make the technology industry and its wealth creating opportunities accessible to everyone. As a values based, impact driven, and growth oriented social enterprise we’ve built significant momentum among top investors, prominent media (CNN, WSJ, et...