Located in The Battery adjacent to SunTrust Park, The Farm will
deliver support programs for entrepreneurs built around a tech startup
accelerator managed by Boomtown
ATLANTA -- (Business Wire)
Comcast NBCUniversal announced The Farm Startup Accelerator today, the
latest initiative as part of LIFT
Labs for Entrepreneurs, a multi-city entrepreneurial support program
announced earlier this month. Based in Atlanta, The Farm will offer a
variety of programs to support and nurture select startups, including a
12-week accelerator directed by Boulder, Colo.,-based Boomtown.
The Farm Startup Accelerator will open applications for its first class
later this summer, and the inaugural program will launch in early 2018.
The Farm will focus on mobility, connectivity and communications
companies while also actively considering other businesses that can
benefit from the Comcast NBCUniversal/Boomtown partnership. More
information and applications can be found at www.TheFarmATL.com.
Comcast NBCUniversal tapped Boomtown to develop and manage The Farm
because of the accelerator’s unique structure and approach. Boomtown
constantly evolves its curriculum based on feedback from participating
founders and mentors, and provides a complete business and management
curriculum. Boomtown’s goal is not simply to provide the shortest
distance between an idea and funding, but to support entrepreneurs in
building great companies.
“We are excited to launch a program that will add to Atlanta’s and
Georgia’s reputation for attracting and supporting tech innovation and
creating a world-class startup environment,” said Bill Connors,
president of Comcast’s Central Division. “In the spirit of Ralph
Roberts, an entrepreneur who founded Comcast as a small startup and
shaped it into a global media and technology leader, The Farm will focus
on the health and long-term success of the companies and the
entrepreneurs who participate in the program.”
The Farm will be located inside the new Comcast Central Division
headquarters building that is under construction at The Battery Atlanta,
a 60-acre development that will include SunTrust Park, the new home for
the Atlanta Braves, as well as retail shops, restaurants, an office
tower, hotel, entertainment venue, and residential units. Comcast is
providing video, data, Wi-Fi and voice technology throughout the entire
community, powered by the highest capacity network ever built for such a
complex.
“We could not ask for a better partner than Comcast NBCUniversal, and we
could not have found a better home than metro Atlanta,” said Boomtown
Executive Director Toby Krout. “This entire region has amazing
entrepreneurs, a supportive and visionary community and government
infrastructure, and a number of great support programs already in place.
It is our goal to augment and complement this rich and diverse
technology and startup community.”
This will be Boomtown’s first accelerator outside of Boulder. The Farm
will welcome qualified startups from around the globe to participate in
its programs, and will emphasize diversity among company founders. Since
2014, Boomtown has invested in more than 70 companies, 72 percent of
which are now generating revenue. Many of these companies benefited from
Boomtown’s first collaboration with Comcast — Comcast Labs sponsored the
Connectivity Lab in Boomtown’s Boulder location, one of the world’s
first Internet of Things (IoT) labs focused on developing, integrating
and deploying products that change how people are entertained and
informed.
The Farm is part of Comcast NBCUniversal’s LIFT Labs for Entrepreneurs
program, which stands for “Leveraging Innovation For Tomorrow,” and
builds on the spirit of entrepreneurship created by Comcast’s founder,
Ralph Roberts. The flagship location, announced earlier this month, will
be called LIFT Labs PHL and will be located in the new Comcast
Technology Center in Philadelphia when it opens in early 2018.
Teams interested in joining The Farm’s first cohort can begin the
application process later this year at www.TheFarmATL.com.
For more information on LIFT Labs for Entrepreneurs and Comcast
NBCUniversal’s entrepreneurial programs, visit www.ComcastNBCULIFT.com.
About Comcast Corporation
Comcast Corporation (Nasdaq: CMCSA) is a global media and technology
company with two primary businesses, Comcast Cable and NBCUniversal.
Comcast Cable is one of the nation's largest video, high-speed internet
and phone providers to residential customers under the XFINITY brand and
also provides these services to businesses. NBCUniversal operates news,
entertainment and sports cable networks, the NBC and Telemundo broadcast
networks, television production operations, television station groups,
Universal Pictures and Universal Parks and Resorts. Visit www.comcastcorporation.com
for more information.
About Boomtown
Based in Boulder, Colo., Boomtown aims to discover and support promising
Healthtech, Internet, mobile, software and Internet of Things (IoT)
startups. Boomtown’s goal is not simply to provide the shortest distance
between an idea and funding, but instead to support entrepreneurs in
building great companies. Currently in its eighth tech and third
Healthtech classes, Boomtown has invested in more than 70 companies
since its founding in 2014. Of those, 83 percent are in operation and 72
percent are generating revenue. For more information, visit http://www.boomtownaccelerator.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170323005093/en/
Contacts:
Comcast
Alex Horwitz, 770-559-2803
Alex_Horwitz@comcast.com
or
Boomtown
Doyle
Albee, 303-736-9156
doyle@mapr.agency
Source: Boomtown
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