10 new green tech startup companies will be coming to Asheville this fall as part of the Iron Yard's Asheville Accelerator Program!
The Iron Yard is a successful business accelerator program out of SC that provides startups with the tools they need to succeed. (Including providing initial capital and connecting them to potential investors) The Asheville program focus will be on software in Green Technology. The A-B Tech Education & Entrepreneurial Development Foundation will be a partner in this unique program.
The great news for Asheville is that most companies that graduate from accelerator programs stay in the areas where they started up. The goal is for at least two thirds of the companies to stay in Asheville upon program completion. If any of these companies are as successful as two of the most recent graduating companies of The Iron Yard SC program, they could be potentially be looking at $1 million or more in new investment capital after completing the program.
Read more in the Asheville Citizen Times Article Here