Creating Genius Magazine Summer Issue | Page 24

e m e r g i n g Sprint Accelerator Committed to bringing the freedom of mobility to consumers, businesses and government users, Spring Accelerator is helping startups build the future of mobile health and spark a new revolution of inspired innovation. In addition to Techstars’ standard $20,000 in exchange for 6% equity in each of ten chosen businesses, Sprint offers additional financing in the form of an optional $100,000 convertible note post-program completion. Cody Stringer, co-founder Sprint Accelerator Mentor Program, says “Programs like the Sprint Accelerator are uniquely capable of increasing a startup's likelihood of success and a proven model to take new ventures to the next level, as well as a talented, passionate staff to bring resources together in the right way, at the right time, one patient at a time. The Lisbon Challenge There is a leanness and endurance acquired when an accelerator earns an elevated place amongst peers. 5,000 cubic feet feature co-working lounges, incubators, and accelerator territory for the Lisbon Challenge, powered by Beta-i. Newly opened, the building is only surpassed in size by Berlin’s The Factory. Continue inward and you see an experienced leadership team that will make a believer out of anyone in Europe. CEO Pedro Rocha Vieira says, "There are few who could compete with us as far as knowledge in this space at this point." Lisbon Challenge is an international 3month acceleration program for ambitious tech startups. Take into account the 200 top mentors and investors, plus an additional 150k in perks, free office space, and no equity taken. 24 | cre a t in g e ni u s | Summer Issue