Seed Sumo, a startup accelerator in College Station, is now accepting applications for its 2015 program.
The program provides $50,000 in funding, up from $30,000 during its first program last year. Seed Sumo will take up to ten startups.
Last year, 750 teams applied for eight spots. Those startups have received more than $4 million in funding so far.
The three-month long program kicks off May 20th. The program takes place in a new 50,000 square foot building and features access to more than 4,000 virtual advisors. It also features intensive mentoring with a focus on business model design.
“We had great success with our startups last year and we want to make it even better this year,” D.J, Monteilh, co-founder and director of operations for Seed Sumo said in a news release. “We not only want to grow and develop our startups businesses, we want to grow each founder as an individual as well. That is one reason why we’ve quadrupled our staff and incorporated a food and nutrition program to keep their minds sharp, energy high, and spirits up.”
The program features dedicated work space, a R&D lab, fitness centers and recreation areas and complimentary massages. Applications can be submitted through March 22.