Angel investor Bill
Warner is launching a three-month incubator for startups, located
inside the Cambridge
Innovation Center. Unlike existing incubators, such as Techstars
and Y-Combinator, Warner’s project, called the Anything Goes Accelerator
Lab, will not take equity in the startups it admits, and it will not
evaluate candidates based on business plans, he said.
Warner said starting this fall, the program’s 80-or-so so slots will be filled by founder teams that show potential. Each will pay $350 a month for three months to get office space in the CIC’s coworking environment, access to tools developed by Warner and colleagues, and a network of informal mentors.
Warner and collaborator Nick Tommarello, a co-founder at Cambridge
startup Sparkcloud, in which Warner is an investor, plan to base the
three-month program on agile development concepts typically used in the
software industry. Tommarello will work part-time on the project, as he
remains on the founding team at Sparkcloud.
To read the full, original article click on this link: Bill Warner launching incubator for earliest-stage startups - Mass High Tech Business News
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