Entrepreneurs Roundtable Boosts New York Startup Community With Accelerator Launch

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Entrepreneurs Roundtable Boosts New York Startup
Community with Accelerator Launch

· New accelerator program will invest in and provide work space to ten select start-ups
during Summer 2011
· Companies will receive free services and hands-on support from more than 140 world-
class mentors
· Application process now open; due by April 30, 2011

New York, NY - March 8th, 2011-- Entrepreneurs Roundtable (ER), a three-year
old New York organization that has been helping the recent rise of the New York
technology ecosystem, today announced its “Entrepreneurs Roundtable Accelerator”
program to further boost the startup community. The first session begins June 2011.

ER Accelerator is accepting 10 startups into its initial three-month program. Each
startup will receive a $25,000 investment and three months of free collaborative office
space in the heart of New York City. Companies will also receive free legal services,
from top firms like Gunderson Dettmer, and other professional services from selected
partners and sponsors.

At the heart of the program is its 140+ mentors, including experienced entrepreneurs,
operating executives, technologists, and investors who will provide hands-on support to
participating startups. Mentors include Fred Wilson, Esther Dyson, Brian Cohen, David
Pakman, Jeff Stewart and Howard Morgan, and other such leaders connected to New
York and the technology community. Startups will interact with this esteemed group
through hands-on individual coaching and interactive group discussions.

“ER Accelerator, coming out of Entrepreneurs Roundtable, with its deep-rooted
connection to the startup community will be a great place for startups to grow and as
a mentor, I fully support this exciting effort,” said David Pakman, General Partner at
Venrock.

“Entrepreneurs Roundtable has been helping startups for the past three years and I am
excited to be a part of the new accelerator to energize and boost the New York startup
community," Brian Cohen, Vice President of New York Angels, added.

ER Accelerator is geared towards companies focused on internet, mobile, software/
services, e-commerce, adtech, fintech, digital media and related areas. Companies may
include B2C and B2B companies from a range of industries.

By New Yorkers, For New Yorkers:

ER Accelerator builds on the rapidly growing New York tech community and helps
startups harness the city’s resources to help them grow into successful companies.

“As Entrepreneurs Roundtable, we’ve been helping startups for the past three years in
New York City and after running some informal mentoring programs last year, we’ve
seen that there was a huge demand for a more structured and formal program to help
startups” said Murat Aktihanoglu, co-founder of ER Accelerator and the founder of
Entrepreneurs Roundtable. “We have been seeing the quality of companies coming
through Entrepreneurs Roundtable increase dramatically over the last few years and felt
now was the right time to launch this initiative.”

As a home-grown NY-based organization, ER Accelerator draws on a rich partner
network of community organizations, including inSITE, Girls in Tech, New York City
Venture Connection, Startup One Stop, Ultra Light Startups, Standard Start and Gary’s
Guide.

"InSITE (www.InSITEny.org) is proud as an organization to partner with ER Accelerator
in their efforts to support and enhance the New York startup community, with our
Fellows taking a hands on role with ERA companies," said Paul Tumpowsky, Chairman,
InSITE.

Along with sponsors and partners such as Microsoft, Silicon Valley Bank, Gunderson
Dettmer, CBRE, Rapleaf, ER Accelerator assembles the resources of New York for its
startups.

Brian Hutchings from Gunderson Dettmer stated: “In its three years, Entrepreneurs
Roundtable has become a vital source of support for New York City start ups. We are
excited to be involved in its next evolution, ER Accelerator, and to have the opportunity
to work alongside ER to build dynamic new companies.”

About Entrepreneurs Roundtable
Founded in 2007, Entrepreneurs Roundtable is a non-profit NY-based organization
dedicated to fostering the startup ecosystem and helping entrepreneurs succeed. It
provides educational opportunities, community-building functions, and introductions
between start-ups and experienced entrepreneurs and operators. Since its founding,
more than 180 startups have pitched their companies to 40+ angel investors and
venture capitalists through its free monthly meetings.

How to Apply
ERA will run its first three-month session from June to August 2011 and is now
accepting applications at http://eranyc.com. Applications must be completed by April
30th, 2011.

Enterpreneur Rountable: http://eroundtable.co

ER Accelerator: http://eranyc.com

Contact:
Murat Aktihanoglu
[email protected]
917 656 9309


ER Accelerator FACT SHEET

? Entrepreneurs Roundtable Accelerator is a NYC-born early-stage investment
firm and accelerator that funds & helps build the next-generation of leading
technology, media, & internet companies.

? ER Accelerator is launching a three-month accelerator program beginning in
June 2011. The program will accept 10 companies for its initial session. Each
company will:
? Receive a $25,000 investment
? Get three months of free office space in the ER Accelerator Space
? Receive free legal and other professional services
? Have access to ER Accelerator’s unparalleled group of 140+ mentors
? Be matched one-on-one with an operating partner
? Have access to ER Accelerator’s resident technologists and UI design
specialists
? Get optional interns from inSITE and other leading programs

? ER Accelerator offers startups access to a world-class group of mentors. They
include leading entrepreneurs, investors, venture capitalists and industry experts
from the New York and larger tech community. For a full list of mentors see http:/
/eranyc.com. Prominent mentors represent:
? Leading investors: Union Square Ventures, First Round Capital, Kleiner
Perkins, AOL Ventures, Softbank, Village Ventures, Maveron, Venrock,
Intel Capital, Contour Ventures, Omidyar Network, Matrix Partners,
Battery Ventures, GSA Venture Partners, Metamorphic Ventures, Lerer
Ventures, New York Angels, FF Asset Management, RRE, Spark Capital,
Highland Capital Partners, General Catalyst Partners, Polaris Ventures
and more.
? Leading companies: Google, Microsoft, IAC, AOL, Nokia, EMI, Time
Warner, NBC/Comcast, Cox, Nokia, ICG, BBDO, Univision, and more.
? Leading Entrepreneurs/Angel Investors:Esther Dyson, Jeff Stewart, Jos
White, Geoff Judge, Charlie Federman, Mark Peter Davis and more.
? The CEOs and leaders of a wide range of current startups and incubator
grads including Buy With Me, Rapleaf, blip.tv, Parsely, Nabbr, Loose
Cubes, H. Bloom, Gig Maven, and more.

? ER Accelerator mentors will aid startups in a range of areas including: product
development, engineering & technology best practices, capital raising, graphic
& user interface design, operations, marketing & public relations, sales strategy
and business development, talent acquisition & recruiting, and general startup
strategy.

? ER Accelerator was founded by three New Yorkers committed to the tech
community. Murat Aktihanoglu, Jonathan Axelrod and Charlie Kemper bring
more than 40 years combined years experience starting and growing successful
companies to the ER Accelerator. They bring with them a combination of
entrepreneurial , engineering, and investing experience that creates a well-
rounded perspective on what helps start-ups to succeed.

? Founded in 2007, Entrepreneurs Roundtable is a NY-based organization
dedicated to fostering the startup ecosystem. It provides educational
opportunities, community-building functions, partnership opportunities, and
introductions between start-ups and experienced entrepreneurs and operators.
Highlights include:
? 4 year history of community development
? 40+ events in NYC
? 50+ VC and Angel Investor speakers
? 175+ startups pitched at ER events
? 1000+ startups applied to pitch at ER events
? 5,000+ entrepreneurs on the mailing list

? ER Accelerator has partnered with a wide range of tech community organizations
as as part of its effort to provide a superior “By New York, From New York”
experience. Organizational partners include INSITE, Girls in Tech, NYCVC,
Startup One Stop, Ultra Light Startups, Standard Start and Gary’s Guide.

? ER Accelerator is sponsored by a range of partners. Leading Platinum tier
sponsors include Gunderson Dettmer and Microsoft.




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