Updated Aug. 29, 2014 at 7:28 a.m.

$25,000 grants available for 10 startups at Raleigh Citrix accelerator

Published: 2014-08-29 06:45:00
Updated: 2014-08-29 07:28:48

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Startups looking for capital as well as a place to ramp up while also receiving training and mentoring need to apply for grants available at the new Citrix Venture Accelerator in Raleigh.

HQ Raleigh, Citrix, and the City of Raleigh are partnering in the search for applicants.

Ten teams will receive:

  • $25,000 Grant
  • In-depth training and weekly mentorship
  • Workspace at the new Citrix Sharefile office in the Warehouse District

However, time is running out to apply. The deadline is Tuesday, Sept. 5 at 5 p.m.

Application information is available online.

Winners will be announced at the Innovate Raleigh Summit on Sept. 10.

The program starts Sept. 17.

So who should apply?

Citrix offers this information for the Raleigh program and a similar one in India:

"For entrepreneur teams (early seed companies) and intrapreneurs from both Citrix and sponsoring organizations with business focused software opportunities. (External entrepreneur teams of eligible for a USD $25k grand in the U.S. and a TBD amount in India)

"We are seeking companies early in the seed round or looking for their first seed funding. The program is designed to build and validate understanding of customers and the business opportunity.

"Intrapreneur teams should be aiming to create real business opportunities.

"The companies we select will be creating real world business solutions: cloud, mobile, communication, collaboration, IoT (Internet of Things), enterprise software infrastructure, and world-changing ideas!"



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