Sunday, June 19, 2011

Comcast Minority Entrepreneur Accelerator Program

DreamIt Fall 2011 in Philadelphia will include a special track, the Minority Entrepreneur Accelerator Program (MEAP) sponsored by Comcast. The MEAP has been created to expand opportunities for minority entrepreneurs. Up to five qualifying companies / entrepreneur teams will be selected by Comcast and DreamIt for participation in this track. The MEAP will feature Comcast employees and others from the minority business community as mentors, as well as special events and curriculum specifically designed for minority businesses, in addition to all of the benefits and services provided to other participants in DreamIt Fall 2011. You can read more about the MEAP here. In order to be eligible to participate in the MEAP, your company must be at least 50% owned by members of your founding entrepreneur team who are African American, Asian American, Latino American or Native American (before taking into account the equity interest to be issued to DreamIt and Comcast in connection with your participation in DreamIt Fall 2011 - for more information on that, please see our FAQ), and such founding entrepreneur team (including their relative ownership interests, again without taking into account the equity interests to be issued to DreamIt and Comcast ) must be maintained throughout the duration of DreamIt Fall 2011. Accordingly, you will be required to provide information regarding the ethnicity, race, citizenship and ownership of your founders in your application to the MEAP; provision of this information is entirely voluntary, but you cannot be considered for the MEAP without it. If you choose not to provide this information, your application will still be considered for participation in DreamIt Fall 2011, but not as part of the MEAP. 

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