Oklahoma City entrepreneur Guy Madison hopes that his new Accelerate Genius program can step in where the now-closed Blueprint for Business accelerator left off.
Starting in April, Accelerate Genius will offer classes to help entrepreneurs develop their businesses, learning everything from marketing to how to lure investors and get into an accelerator program.
Madison has done everything in his career from run a clothing company and working in the insurance business, to launching Blueprint for Business. He hopes to use his business experience to help mentor local startups.
“I've started an accelerator program from scratch and ran it,” Madison said. “I know what they are looking for because I've done it.”
Madison plans to offer a 12-week seminar for local startups for $1,495 per startup through Accelerate Genius.
The program will offer 36 hours of intensive training on how to bootstrap a business. He also plans to offer abridged weekend business boot camps at reduced prices.
“It's going to be geared at helping entrepreneurs who are anywhere from a year to 18 months off the ground, but also for people who just have the dream on the back of a napkin,” Madison said.
After less than a year, Blueprint for Business has shut down. Madison and US Fleet Tracking CEO Jerry Hunter founded Blueprint for Business in 2012 in hopes of fostering a new entrepreneurial culture in Oklahoma City.
Hunter, Blueprint for Business CEO and the main investor in the accelerator, decided to pull out of the program.
Although the business accelerator program was able to assist a handful of startup companies with its first program last fall, the venture proved to be too time consuming, Hunter said. There was also a lack of interest from other local investors in the accelerator, he said.
For more information about Accelerate Genius, visit accelerategenius.