SpeakWrite is a virtual accelerator program that will provide mentorship, access to Quintype’s state-of-art publisher platform, technology & professional services, access to the publishing ecosystem, and an innovative community for a period of 12-24 months.
The platform will help startups with design services, developing & testing, and help launching their websites and/or apps in the real world. The program will be free of cost in exchange for a 4-9% equity stake in the startup, based on stage of the startup, funding raised, complexity of the early site/app and its business plan etc.
With this, startups will also have access to Quintype’s experienced & qualified team in the publishing and technology space, along with mentors who will have mix of serial entrepreneurship experience, coupled with deep corporate experience and depth in their respective domains to mentor.
The program will work with five startups this year, of which three startups have already been picked. Though the optimum number of startups for the program is not decided yet, but SpeakWrite aims to accelerate at least 15 startups by 2016.
Amit Rathore, founder & CEO of Quintype Inc said, “It’s been less than 48 hours since the program is launched, and we are already in active discussions with about 12 startups in the digital media space with numbers still growing.”
The startups for the program are being selected based on varied factors including market size, team, startup pedigree, previous entrepreneurial experience, potential, funding rounds, affiliation with other incubators and/or accelerators, etc.