June 19, 2015
Stadia Ventures Launches Accelerator and Expects to Invest $10M in Sports Startups
ST. LOUIS, June 19, 2015 – Stadia Ventures, the Sports Innovation Hub, announced the launch of Stadia Accelerator, a business development accelerator for sports-related startups. Stadia Accelerator expects to invest $10M over the next five years to help sports startups get to the next level through the combination of up to $100,000 in equity investment, intensive mentoring, and connections to the top sports business executives in the country.
Stadia Accelerator will be a 10-week business development program held twice a year in St. Louis, Missouri. Each program is expected to feature a cohort of five companies, with each company receiving an equity investment of up to $100K and committing to attend a targeted curriculum in St Louis each Thursday-Friday of the program (founders fly in Thursday AM and depart Friday PM). Portfolio companies will be matched with mentors and advisors with specific experience in their focused areas for growth.
Stadia Accelerator is now accepting applications for the first class, which begins on September 10, 2015. Interested startups should visit: stadiaventures.com/accelerator.
Stadia Accelerator targets sports-related companies with proven product and sales in any of the following categories: Software/Apps, Big Data, Equipment, Apparel, Fantasy, Gaming, Nutrition, and Training.“ We are a business development accelerator”, says Stadia Ventures co-founder and Managing Director Tim Hayden. “We target companies with existing sales who can leverage our experience and connections to increase their company’s value. Our strength is our mentors and advisors, who represent a “who’s who” of senior executives from the team and corporate side of the sports industry.”
Stadia Ventures co-founder and Managing Director Art Chou states “Stadia Ventures is designed to create an ecosystem for three parties: sports entrepreneurs, sports executives, and sports investors. These groups are all focused on sports innovation, but currently there is no structure that connects them. Programs like Stadia Accelerator provide each stakeholder a network that is built around the pipeline of sports innovation.”
Stadia Ventures is a business development company in St. Louis, Missouri focused on innovation in the sports industry. Their services include start-up funding & mentoring, industry consulting, and investor education. For more information visit: www.stadiaventures.com.
Tim Hayden, Managing Director
Art Chou, Managing Director
What People are saying
Most notable was the broad range of expertise the speakers brought to the table. We had consultants, entrepreneurs, investors, technologists - just about everyone that you would want to get advice from as you're growing a business. Our company specifically used financial recommendations, improved the clarity of our brand messaging, and changed our partnership strategy, all resulting from advice given by the speakers.
Tyler Feret, Founder and CEO
I can definitely say the program is invaluable to my company and my professional development. Each week we focus on different important elements related to creating great brands and businesses.We have thought leading speaking guests, beneficial exercises and we receive very constructive critiques that make our businesses better.
Brian Jensen, CEO
The weekly content from Stadia has been substantial, the keynote speakers have been influential, and the mentorship has been invaluable. Stadia hasn't just surrounded our group with big-thinkers; they're also individuals that have experienced success. Amongst the companies that we've personally interacted with: Under Armor, Getty, Anheuser-Busch, the St. Louis Cardinals, and the St. Louis Blues - just to name a few.
Matt Sebek, Founder/CEO
The Stadia Accelerator has been a game changer for our business. The guest speakers they’ve brought in have been world class industry leaders. The mentor team has put us in a position to take our business to the next level. I would strongly recommend Stadia to any and all sports startups.
Joe Shuchat, Founder and President
Winning Identity (now owned by Blast Motion)
GolfNow always has been a company with a start-up spirit, so it’s great to see accelerators like Stadia helping entrepreneurs down the path to realizing their full potential as a business. With GolfNow’s investments in sports and technology, we understand the importance of entrepreneurship and fully support programs like these.
Will McIntosh, SVP of Business Development & Strategy
Stadia has opened my eyes to some great avenues for thought and innovation. This exposure is a great help in directing the USGA’s activities.
Hunki Yun, Director, Strategic Projects
Stadia is creating a powerful program to fuel activity in the sports entrepreneurial marketplace. Great resources, advisors and a passion for innovation makes the Stadia program an invaluable launch pad for emerging concepts.
Chris Zimmerman, President & CEO
Stadia Ventures truly fills a void by helping entrepreneurs bring innovation to the world of sports. The St. Louis Cardinals have enjoyed partnering with Stadia and their cohort companies as they develop new sports technologies and innovations. We look forward to helping Stadia transform St. Louis into one of the leading sports innovation hubs in the world.
Dan Farrell, SVP for Sales and Marketing
The Stadia Ventures Demo Day was an incredible experience. Getting to see their broad network of advisors and mentors, and understanding the guiding role they've played in the success of the startups in their program was an inspiration for new accelerators such as ours. I look forward to continuing to work with Stadia- they've been amazing partners and have been instrumental in helping to set up the infrastructure here at the Sixers Innovation Lab.