Comcast NBCUniversal Selects 11 Startups for Third Annual LIFT Labs Accelerator, powered by Techstars
Comcast NBCUniversal today announced the 11 startups selected for the third annual Comcast NBCUniversal LIFT Labs Accelerator, powered by Techstars.
The startups were chosen from hundreds of applicants from over 40 countries. They are poised to revolutionize strategic areas of focus, including future of work, immersive and interactive experiences, and personalization.
Due to the global COVID-19 pandemic, the 2020 program, which kicks off today and lasts 13 weeks, will be held virtually. The founders will participate in this immersive program from cities across the globe, including New York City, Philadelphia, San Francisco, Washington D.C., Dallas, and London, UK.
The companies will be mentored by 100+ industry leaders from Comcast NBCUniversal and the global Techstars network; participating in workshops on fundraising, working with corporations, and communicating through the media; and meet experienced founders who will share their insights in building and selling highly successful startups. Each company will have the opportunity to work at Comcast NBCUniversal’s global headquarters in Philadelphia in 2021 for additional mentorship and business development opportunities.
“The entire Comcast NBCUniversal family is excited to learn from this diverse group of talented entrepreneurs, and help elevate their companies in new ways,” said Sam Schwartz, Chief Business Development Officer, Comcast. “Entrepreneurial passion is more important than ever. Curiosity and different thinking can help society and businesses emerge to what’s next — and we’re ready to start working with these companies focused on areas that are important to our company and customers.”
At the conclusion of the program, the companies will participate in a virtual Demo Day on December 3, 2020 and present their businesses before some of the world’s best venture capitalists, startup founders, business executives, and media.
Techstars’ veteran, KJ Singh, will serve as the Managing Director of the 2020 accelerator. He has managed 12 accelerator programs at Techstars since 2013, and invested in over 100 companies that have gone on to raise over $300 million from top-tier angel investors and VCs. KJ, working alongside the Comcast NBCUniversal LIFT Labs team, led by Danielle Cohn, Vice President, Startup Engagement and Luke Butler, Sr. Director, Startup Engagement/LIFT Labs, will advise the selected startups on product/market fit, business development, and fundraising strategies that lead to results.
The 2020 class of the Comcast NBCUniversal LIFT Labs Accelerator, powered by Techstars includes:
A selection committee made up of Techstars experts and leaders from a wide range of Comcast, NBCUniversal, and Sky business units reviewed the applications and selected the 11 startups. More than half of the companies self-identify as having an under-represented founder, while almost half self-identify as having a female founder.
Entrepreneurial passion is more important than ever. Curiosity and different thinking can help society and businesses emerge to what’s next — and we’re ready to start working with these companies focused on areas that are important to our company and customers.
At the conclusion of this year’s LIFT Labs accelerator, 32 companies will have completed the program with alumni continuing to find venture funding and business success, including many obtaining active deals or proofs of concepts with Comcast, NBCUniversal, and Sky brands. Among the highlights: the predictive gaming app GameOn is partnering with NBCUniversal on a proof of concept that engages fans of reality programming in a new way. Thinker-Tinker, the ed-tech startup, partnered with DreamWorks Animation to design interactive, educational toys featuring characters from the Trolls World Tour film.
The startups will be supported by the Comcast NBCUniversal Startup Engagement/LIFT Labs team and will work directly with mentors and product experts from across Comcast NBCUniversal’s businesses and teams, including the Xfinity technology, product, and experience teams; the NBC and Telemundo broadcast stations; NBCUniversal cable networks; Universal Studios; Universal Theme Parks; DreamWorks Animation; Comcast Business; Comcast Ventures; Sky; Strategic Development; as well as mentors from Techstars’ expansive network. These mentors will help the founders sharpen business models, gain valuable connections, and refine pitches to potential investors and clients.
To learn more about Comcast NBCUniversal’s LIFT Labs Accelerator, powered by Techstars, and the company’s broad Startup Engagement program, visit ComcastNBCULIFT.com