Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

DreamIt VenturesOne the interesting differences for startups on the east coast compared to the west coast is how much more compact the east coast is.  For Silicon Valley, the nearest major metro cities are 400 to 800 miles away, which makes the San Francisco area much more secluded. Boston, New York, Washington D.C. and Baltimore are all within a short drive of each other, which makes the sharing of resources, talent pools and events much easier that on the west coast. Philadelphia, conveniently located between Washington D.C. and New York, is home to DreamIt Ventures, which is now accepting applications for its 2010 summer accelerator class.

Until March 22, entrepreneurs with an idea and a team can apply to receive up to $30,000 in capital as well as office space, mentoring from successful entrepreneurs and exposure to investors. The accepted groups will benefit from both the guidance of DreamIt's newest partner, Kerry Rupp, formerly of Classmates.com, Jobster, and LexisNexis, as well as the firm's partnership with StartL, a startup accelerator focused on education services.

To read the full, original article click on this link: Philly-Based Startup Accelerator Now Accepting Summer Applications - ReadWriteStart

Author: Chris Cameron