Part of my day at my office at Geekdom is having a chance to observe and listen in on something very special happening at TechStars Cloud. TechStars Cloud is co-located on the 11th floor of the Weston Centre. Transport me 7,200 miles away from home, and something similar is happening in Tel Aviv with IDC Elevator.
Meet Rachel Krauss, IDC Elevator Program Manager, a four-month start-up accelerator which is part of the Global Accelerator Network, based on the TechStars model. The IDC Elevator looks for emerging startups in the area of software, web services, mobile, gaming and consumer Internet.
The program is a mentorship-driven, seed stage investment program that provides each company with $18,000 in seed funding.