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DivInc Houston announces first 5G Sports Tech Accelerator in partnership with Verizon | State

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Houston, January 27, 2022 / PRNewswire /-Div Inc, the premier startup accelerator for people of color and female entrepreneurs, is the first sports tech accelerator enabled with the support of title sponsor Verizon. We are proud to announce the release.

DivInc’s 5G Sports Tech Accelerator has partnered with Verizon to support startups that use technology to drive innovation in human performance, fan experience, the future of media, sports betting, esports and games. It was designed to identify sports and esports startups and provide the resources needed to succeed in the global sports technology market, which is projected to reach $ 41 billion by 2026.

Preston James, Co-founder and CEO of Div Inc, said: “Houston has firmly established itself as a major sports innovation hub in the United States. We truly include the underrated founders from the beginning.”

As a mentor, advisor, coach and investor, DivInc works with experts in professional sports and sports technology to help cohort founders build businesses that attract teams, leagues and agencies. increase. “Our mentors are venture support founders, professional athletes, angel investors, venture capitalists, professional teams and league VPs and C-level executives, domains that can provide this cohort with unique insights and opportunities. “The industry’s best talent, including professionals, and a cohort of the future,” said Ashley DeWalt, Managing Director of Houston.

A total of 10 companies will be accepted for the 12-week program at Aeon in central Houston’s Midtown from April to June 2022. Upon completion of the program, each participating company will receive $ 10,000 of undiluted seed funding provided by Verizon.

Carrie Hughes, Verizon’s Director of Social Innovation, said: “We look forward to supporting innovators in this area where Verizon has extensive experience and is likely to be transformed by 5G and cutting-edge technology.”

Throughout the accelerator, Verizon will work with the Div Inc team to work on programming and thought leadership initiatives.

In partnership with Verizon, Spring 2022 5G Sports Tech Accelerator will feature Houston premier partners JP Morgan Chase & Co., The Ion, Mercury, as well as support sponsors, Intel, programming partners HTX Sports Tech, The Cannon Sports & Media, and Sports Innovation. Texas, and sports technology women.

For more information, please visit www.divinc.org/ sportstech.

About DivInc:

DivInc is a 501c3 non-profit organization whose mission is to provide undervalued founders with access to the key resources needed to build an investable company, through entrepreneurship and society. It is about creating target and economic fairness. Founded in Austin in 2016, Div Inc has supported 73 companies. For more information, please visit https: //www.divinc.org/.

About Verizon

Verizon Communications Inc. (NYSE, Nasdaq: VZ), founded June 30, 2000, is the world’s leading provider of technology and communications services. Headquartered in New York City and worldwide, Verizon generated $ 128.3 billion in revenue in 2020. The company delivers data, video, voice services and solutions on award-winning networks and platforms to meet customer demand for mobility. Reliable network connectivity, security, and control.

Media contacts:

Cherry’s Luther

Div Inc Marketing Director

[email protected]

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