With Comments Off on Do you want to invest in Hatch? Its an incubator ya know
Do you want to invest in Hatch? Its an incubator ya know
I went back to my northern roots on that title hey! Wanted to share an email I received from Zack Miller of We are Titans about the incubator for startups he has created called Hatch! There is a deadline for applications coming up fast. So make it a point to check it out and if you are serious about your idea for a business, well then what are you waiting for?
Now that is one side of the equation the other side is investing. If you are wanting to invest some serious money in some businesses that are not yet supported and are in your own backyard. Well here is your chance. To start investing today reach out to Zack Miller at [zack dot miller at wearetitans dot net ] about the details about how being on the ground floor in your community with investing is the new black!
A lot of people talk about generating new high-tech jobs in the region and attracting fast-growing startups to downtown Norfolk and other parts of the region.
We’re done talking. This summer, we take action.
On June 15, the visionaries who created Start Norfolk and brought TechCrunch to Granby Street are launching Hatch, an 11-week long startup accelerator. Hatch will put a handful of teams from around the Mid-Atlantic region through the crucible and create new companies.
We know this will work because we’ve already done it. The two weekend long startup marathons known a Start Norfolk resulted in the formation of 19 companies. Many of them have already launched their products. And that was just two weekends.
Imagine what we can accomplish with 11 weeks. This time, however, we can’t do it alone. The startup companies can’t quit their jobs or put them on hold for 11 weeks and still eat and pay rent. That’s why we’re raising $25,000 for each team. As a result, we need $200,000.
If you invest $10,000? A cornucopia of payback. First, publicity. Hatch will be a very public event. The City of Norfolk has contributed the Design Center, a retail space near the corner of Main and Granby Streets (directly across the street from the new urban park, The Plot). People walking and driving by will see the companies working around the clock (and your logo on the storefront window). The center, which has great meeting space, will become a hub and hangout for area entrepreneurs and their service providers all summer. Also, we’re great at getting press coverage. Here’s what we got for a couple of weekends and the TechCrunch event. Imagine what we’ll get for an 11-week event.
Next, you’ll also get equity. We’re forming a fund that will get equity in each of the teams that is accepted into Hatch and receives a $25,000 stipend.
Finally, you’ll get satisfaction. You’ll be part of the solution to making Norfolk an even more vibrant downtown community, a magnet for technology startups, and a regional job-creator. Plus, you’ll be the part of the first and only angel investor fund in the area.
Hatch is coming. Become a part of it today.