CMA, Nashville Entrepreneur Center To Aid Music Biz Startups
The Country Music Association and the Nashville Entrepreneur Center have partnered for a new music business accelerator program, a 14-week program that will develop six to eight startups into investable businesses.
The accelerator will support the development of new business models for the music industry, seeking to help programmers, technology engineers, and entrepreneurs. Each startup will receive a $20,000 investment in exchange for equity.
“CMA was created to advance Country Music and provide a forum for new ideas that support our business interests across every segment of the industry,” said Sarah Trahern, CMA Chief Executive Officer. “This is an investment in the future of our business community and city.”
Startups from around the world are invited to apply by submitting music business idea proposals. The competition will culminate in four rounds to select the top six to eight ideas that will participate in the accelerator. The accelerator will commence at the Nashville Entrepreneur Center.
“Nashville is the place where the best possible mentors for music and technology intersect. Any of our future startups will have a dream team to help them realize their vision,” said Joe Galante, mentor at the EC and member of the CMA Board of Directors.
For more information, or to get involved, please visit www.ec.co/music-tech-media.
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