Today is the MergeLane Demo Day – the last day of the 12-week accelerator program that StartWise was excited to be a part of. In case you want to check out the presentations – they are live streaming Demo Day on the YouTube Channel.
A startup accelerator is built to foster rapid growth of its portfolio companies by leveraging the army of mentors, access to technology, office space and an innovative community, packed into a short time frame. While accelerator programs tend to share several traits: startups apply to be part of a program lasting a few months, in which they obtain mentorship, office space, and funding – each accelerator has its own nuances.
MergeLane is broadening the on-ramp for women-run companies. They know that there are far fewer women in startups than we would expect and they believe that diverse companies are stronger companies – so they want to help narrow the gap. On top of that, data overwhelmingly shows that venture-backed, female-run companies produce higher returns. This motivates MergeLane to promote exceptional women leaders and the companies they run until it is no longer necessary. They want to make MergeLane obsolete. From a startup perspective, MergeLane is a unique accelerator program that has reduced residency requirement that enables entrepreneurs with commitments in their place of residence to participate and that connects entrepreneurs to high-value, gender and industry-diverse mentors and investors who work with your company.
So StartWise team wants to say THANK YOU to MergeLane: Elizabeth Kraus, Sue Heilbronner and Hannah Davis.
THANK YOU to our MergeLane mentors: Megan Bent, Kerry Gilmartin, Kelly Quann Bianucci, Dana Wright and Robert Heilbronner.
THANK YOU to our fellow startups: Alchemie, Atlas Vault, BallotReady, Cabsolutely, CloudForest Software, Globig, Hatch Marketing Plans, Healthiest and LittleLane – we are excited to stay in touch and help out!
From competitiveness to supportive community,
From strangers in a new place to being part of the ecosystem,
Through the entrepreneurial emotional rollercoaster and pivots,
Thank you MergeLane!