Founded by Tim Hayden and Art Chou, Stadia helps grow sports business startups through a combination of equity investment, intensive mentoring and building connections to the top sports business executives in the country.
“We’re looking forward to another successful wave of over two-hundred applicants for our accelerator,” said Chou. “Our industry partners continue to be impressed with the quality of the companies applying and we’re happy to bring the world’s top sports startups to Cortex, here in St. Louis.”
Twice annually Stadia invests up to $100,000 and provides a twelve-week immersive business development program for up to five of the best sports startups in the world. Sessions are held every other week on Wednesdays, Thursdays, and Fridays in St. Louis.
The Fall 2017 cohort begins in September and culminates with a Demo Day on Thursday, December 7, 2017, where the companies will showcase their accelerated companies to investors, sports business industry executives, dignitaries and the media.
During the program, road trips to visit additional sports hubs across the U.S. will also be held. On these trips to cities such as Chicago and Frisco, Tex, the Stadia cohort will tour world-class facilities and meet with top sports business executives there.
“I have been excited to participate in Stadia’s Chicago trips the last two cohorts,” says Matt Kobe, Director of Business Strategy and Analytics at the Chicago Bulls. “Those experiences demonstrated to me Stadia’s ability to attract some of the top sports start-ups from around the world and to connect those companies with individuals across the ecosystem of sports.”
The newest cohort will be Stadia’s fifth and the accelerator has now invested in nineteen companies including most recently Kadho Sports (Irvine, Calif.), Pico.Buzz (Haifa, Israel), RC21X (Pittsburgh), Reely (Santa Monica,Calif.) and VNTANA (Los Angeles,Calif.).
Stadia will accept applications until Friday, July 7, which can be found on Stadia’s website.