Many industries that aren’t top of mind for most of us but serve our most basic everyday needs – from industrial production, transportation infrastructure and environmental services and safety – all are facing technological disruption and innovation.
The Heritage Group (THG) and Techstars are working together to help entrepreneurs and startups disrupt these legacy industries through The Heritage Group Accelerator Powered by Techstars located in Indianapolis. As an experienced Techstars Managing Director and long-time mentor, Lesa Mitchell is taking the helm as Managing Director to work with founders looking to disrupt existing markets by pioneering the next generation of solutions across the spectrum.
“With my background as an executive in a large scientifically focused organization, an entrepreneur and one of the lead funders and board members in the creation of the NSF iCorp, I’m excited to work with founders across scientific and technology fields to help them identify challenges and opportunities and grow their businesses,” says Mitchell. “Working with a company like The Heritage Group provides startups the chance to work across multiple companies that could become customers, and obtain access to expertise that will help them scale.”
The Heritage Group, an innovation organization with deep expertise and significant holdings in industries such as transportation, infrastructure, materials, environmental services, specialty chemicals and fuel products is a leader in many of the industries it seeks to transform. In addition, THG’s venture arm, Heritage Ventures, is one of the largest investment vehicles in the Midwest focused on early and growth-stage opportunities, with flexibility to invest at any stage across the venture capital spectrum. THG is eager to merge its long history of innovation in the industries it serves with today’s innovators and is eager to mentor early-stage companies through the accelerator.
“Our aspiration is to bring THG’s spirit and experience, at scale, to a much broader range of early-stage companies and opportunities,” says Amy Schumacher, president of THG.
The program is currently accepting applications for its inaugural class. Specific areas of interest for the program include:
- Environmental and Recycling: new materials that decrease the need for clean-up; waste management and/or waste water recovery solutions; and more.
- Construction and Materials: Building infrastructure including materials and techniques; new equipment and safety solutions.
- Specialty Chemicals & Energy: Special chemical products across a range of lubricants, solvents, fuels and other specialty chemicals; energy generation including battery technology
- IT and Industry: Industrial internet of things; vehicle to infrastructure sensor technologies; software/SaaS models
Participants in the program will have access to the Techstars worldwide network and to THG’s highly knowledgeable business leaders and experts in a variety of industry-specific specializations. In addition, entrepreneurs will work with the THG’s research and development team who play a critical role in developing new startups with novel technologies.
Does The Heritage Group Accelerator Powered by Techstars sound like a good fit for your company? If so, we want to hear from you. Request more information about this program, schedule one-on-one office hours with program staff, register for our upcoming AMA (Ask Me Anything) on May 9th, or apply now.