NEWPORT NEWS — A city funded accelerator is seeking applications to fund startup businesses.
757 Accelerate is accepting applications from companies interested in participating in a program designed to help businesses develop, according to a news release from the city.
If accepted into 757 Accelerate, companies will receive $20,000 in startup money and access to mentors, investors, support services, working space and business education.
The program also includes a three-month period to engage with customers, validate products and test business models.
757 Accelerate is funded locally by the Newport News Economic Development Authority and with federal grants.