firedUP is Accepting Applications Now
December 29, 2014 – Columbia, SC – firedUP, formerly known as T Minus 6, is a technology focused startup accelerator program in Columbia, South Carolina, and now accepting applications for its Spring 2015 class.
firedUP is a six-month high intensity program designed to quickly propel promising startups into the market. Qualifying companies receive up to $25,000 in seed capital, top-shelf mentoring and support along with a wealth of resources to fuel new technology ventures. Mentors include individuals with a variety of backgrounds including: business, financial, investor, marketing, legal, and technical experts. Open to companies across the United States, applications close on January 29, 2015. You can apply online by visiting, firedup.co.
The Accelerator’s inaugural class was a great success with 60 applications from 9 states and accepted 6 companies across 5 industries. Culminating with Demo Day with over 300 people in attendance, the program graduated 5 companies: Grumble, Trata, Alumnify, huddleHR, and Krit. Partners invested $104,000 in seed capital with over $10,000 in revenues generated by graduation. Companies raised over $500,000 in follow-on private investment as of October 2014.
“firedUP is a great way for entrepreneurs in Columbia to build their start-up idea. It’s essential to have great mentorship, funding, and resources for any company to succeed. An accelerator is a great option to get everything you need in one place,” AJ Agrawal, Alumnify Moving forward, the program will align with curriculum from the proven TechStars model and include additional partnerships with Amazon, Google, and Microsoft.
The program delivered 2,000 hours of consultations by the management team, 300 hours of coaching by industry mentors, 20 pitch and working sessions for participants, and 12 half-day focused educational workshops resulting in 4 new products launched into the marketplace.
firedUP is a public/private venture with USC’s Office of Economic Engagement, USC/Columbia Technology Incubator and AccelerateSC, the early stage venture arm of the SC Jobs-Economic Development Authority (JEDA), to provide the seed capital for each of the teams.
“This program is an ideal way to bring together private and public expertise and resources. We’re looking forward to helping to build on the success of the first class as more technology innovators and entrepreneurs step forward to help set the stage for South Carolina’s future,” said Harry A. Huntley, CPA, Executive Director of JEDA.
The USC/Columbia Technology Incubator houses firedUP. Home to more than 45 companies, the incubator is listed in the June 2013 issue of INC. MAGAZINE as one of three college-town incubators to watch, and recently award $1.91M from the Economic Development Administration for the construction of a new facility.