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Grand Central Tech Announces Founding Corporate Partners

Seven Leading Companies Invest in Future of NY's Startup, Innovation Economy

GCT newest accelerator class applications open now, through May 1, 2015


News provided by

Grand Central Tech

Mar 03, 2015, 10:30 ET

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NEW YORK, March 3, 2015 /PRNewswire/ -- Grand Central Tech (GCT), New York's flagship technology accelerator, today announces its strategic corporate partnerships with seven of the world's most innovative companies, which represent the most respected technology and consumer brands. Established industry leaders committed to supporting the city's entrepreneurial community through this singular collaboration, GCT's founding partner organizations are: Microsoft, L'Oreal USA, Google, JP Morgan Chase, IBM, Intuit, and PepsiCo Americas Beverages.

Beyond offering emerging startups a year of free rent with no equity taken, GCT provides each class with mentorship, professional development, product integration, talent, and networking opportunities through its corporate partners. Applications (to apply, please go to http://bit.ly/GCTechApply) for the 2015-2016 class open today, with a deadline of May 1, 2015 to apply and a July, 2015 start/move-in date.

"For our companies, present and future, our partnerships represent a unique, competitive New York advantage in this marketplace: an unprecedented level of access to key decision makers, sales channels, potential funding, mentoring and software platforms," said Managing Director Matthew Harrigan, one of GCT's co-founders.

Additionally, corporate partners will join GCT in its mission to foster a diverse and inclusive environment for entrepreneurship by supporting high school internships that help educate the next generation of New York tech talent and through STEM-focused programs, such as Girls Who Code.

"The New York tech scene is growing by leaps and bounds, and creating a two-way dialogue between emerging and established companies helps create a stronger, long-lasting economy," said Charles Bonello, GCT co-founder and Managing Director.

"We are looking to build a lasting legacy in New York and beyond and these partnerships allow us to create opportunities for our startups and companies in the space."

About Grand Central Tech
Grand Central Tech (GCT) is New York City's flagship technology accelerator, designed to support startups and entrepreneurial ambition by leveraging the city's competitive advantages through relationships with corporate and education partners to build a diverse and inclusive culture of innovation. Overlooking Grand Central Terminal from Facebook's former New York headquarters, GCT shortens the path to success and sustainability for the city's premier startups and generates lasting benefits for the broader economy.

To learn more, visit http://grandcentraltech.com and follow us on Twitter at: @GCTech. GCT is now accepting applications for its 2015-2016 class (#GCTech16). To apply, please go to http://bit.ly/GCTechApply.

Media Contacts
Jesse Lane, MBooth
[email protected], 212-539-3262

Aparna Mukherjee, GCT Director of Operations
[email protected], 504-272-7629

SOURCE Grand Central Tech

Related Links

http://www.grandcentraltech.com

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