New World Ventures offers $500,000 to Excelerate Companies

New World Ventures has been a strong supporter of Excelerate since its inception, but yesterday’s announcement that they are offering $500,000 in convertible debt to the companies ($50,000 for each of the ten companies) was amazing news.  TechCrunch reported the details in their article:

http://techcrunch.com/2011/05/31/inspired-by-the-start-fund-new-world-ventures-offers-chicago-excelerate-startups-50k/

 

 

 

 

Filed under: Status Updates,Uncategorized — June 1, 2011