Santa Fe, NM - Wednesday, January 27th - SFid has announced its first ever cohort for the brand new startup accelerator in Santa Fe, New Mexico.
Located at 7,000 feet above sea level, this verdant high-desert mesa community joins the ranks of other communities with GAN* charter Accelerators. Located in the Zane Bennett Gallery, the members of the inaugural SFid cohort will be surrounded by beautiful, contemporary art.
SFid will use the rigorous curriculum and mentoring-based process developed by ABQid to accelerate high-growth startup companies and entrepreneurs in Santa Fe.
Six teams were selected for the 12-week program that began on January 25th. The companies include:
4D, LLC - True 360x180 holographic display technology
ConvoBox - Anonymous suggestion box
HoneyMoon Brewery - Beer differently
Patrick's Fine Sodas - Next generation soda
Wyrd - Social content aggregation with content creator compensation
ZummitLabs - True social shopping
Operational funding and support for SFid Accelerator program is provided by the City of Santa Fe and private philanthropy from the Santa Fe Community Foundation and its fundholders. Companies accepted into the SFid Accelerator receive a $20,000 equity investment from the private ABQid Fund I; graduating companies will be considered for follow-on funding of their businesses up to $200K.
Santa Fe Mayor Javier Gonzales stated, "We're in the middle of tremendous innovation in Santa Fe, and a local accelerator helps our entrepreneurs meet needs and access the resources to take this economy to new heights."
SFid will partner with Start-up Santa Fe (startupsantafe.com), the source for information connecting people, capabilities and opportunities, the Santa Fe Business Incubator (sfbi.net), the springboard for many of Santa Fe's growing businesses, and MIX Santa Fe (mixsantefe.com) and bizMIX the startup business plan competition. This alignment will create an integrated ecosystem that spans from ideation to acceleration to incubation and growth.
*GAN is the Global Accelerator Network, a membership and best-practices organization for over 70 high-growth accelerator programs worldwide.