Philadelphia's DreamIt Ventures opens a satellite office in New York, reports TechCrunch.
The program will run from mid-May to mid-August this year. Applicants to DreamIt Ventures' NYC program will be reviewed on a rolling basis with an early decision deadline of February 28, 2011 and a final deadline of March 16, 2011, according to the accelerator's site. DreamIt has "Hacker" and "Strategist" tracks where individuals not yet affiliated with a company can apply to potentially join a portfolio startup, on either the technical or business front.
DreamIt Ventures plans to admit ten to fifteen companies into its NYC program, five of which will be digital education businesses. That's the same setup as the Philly program. In both cities, DreamIt Ventures partners with Startl--an organization funded by the MacArthur, Hewlett and Gates Foundations--to help five, digital education startups build their businesses. Original source: TechCrunch
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