District Ventures earmarks $3 mln for 20 consumer startups
District Ventures Accelerator and District Ventures Capital said they will invest $3 million in 20 early-stage food, beverage and health companies in the consumer packaged goods sector. Beginning in January 2018, 20 successful applicants to the accelerator will receive a $130,000 investment in exchange for a minority equity stake. The applicants, forming cohort 5, will undertake a five-month program to increase brand equity, distribution, sales and valuation. District Ventures' accelerator and fund are led by Arlene Dickinson, a Dragon’s Den star and entrepreneur.
15 November 2017•3 mins read
