Project Skyway Tech Accelerator Accepts Applications

Up to 10 early stage tech companies chosen to participate in the first cycle of the program, which begins August 1, will receive at least $6,000 in seed funding, mentorship, space, resources, and connections to entrepreneurs, investors, and Fortune 500 executives.

Project Skyway, a tech accelerator that will mentor early stage companies, began accepting applications on Saturday for the first cycle of its program.

Up to 10 early stage tech companies will be chosen to participate in the three-month program, which will provide each with at least $6,000 in seed funding, mentorship, space, dedicated software development, other resources, and connections to area entrepreneurs, investors, and Fortune 500 executives.

Project Skyway claims to be the first tech accelerator program in Minnesota and the only one that will accept single founders and non-technical teams. Participating companies must have a Software-as-a-Service (SaaS) or mobile focus, and two full-time software developers will be allocated to each one.

“Almost any other accelerator program will bounce you if you don't have a tech co-founder as part of your team,” Project Skyway co-founder Casey Allen said in a statement. “Not Project Skyway. We are looking for applicants with the ability to execute over the ability to code the viable to fundable prototype themselves.”

Project Skyway is looking for applicants that:

  • are passionate, driven, persistent, and resourceful /> ¥ have domain expertise
  • are able to demonstrate a beta of the project or, at minimum, provide screen shots
  • are driven to sell and unafraid of rejection
  • are willing to “pay it forward” by coming back to help “Skywalkers” in future cycles of the program

“I was a struggling entrepreneur myself, but fortunately I connected with a mentor early on that changed my business-and ultimately, my life,” Project Skyway co-founder Cem Erdem said in a statement. “I want to multiply that experience for other entrepreneurs. That is why I started Project Skyway.”

Early stage tech companies can apply for the first cycle of the program at projectskyway.com. The application deadline is midnight on May 1. The top 25 applicants will be invited to participate in a weekend boot camp in June. Then at the end of June, invitations will be sent to up to 10 finalists selected to participate in the program's first cycle-which begins August 1.

Project Skyway's self-proclaimed mission is to “build connections among ideas, entrepreneurs, investors, and other innovation hubs” and to bring them together both online and in physical space.