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NEW ORLEANS – The Idea Village has released the list of 12 startup companies that will participate in its 2022 VILLAGEx program. Over the next four months, the nonprofit business accelerator will support entrepreneurs and founders by providing access to mentorship, subject matter expertise and other resources, including marketing and design services, legal counsel in partnership with Jones Walker LLP and fundraising preparation.
 “The goal of the VILLAGEx accelerator program is to identify the entrepreneurs who are the future business leaders for our region and give them the tools needed to grow their companies,” said Jon Atkinson, CEO  of the Idea Village, in a press release. “The results will be more good jobs, more investment in our city and more economic opportunity for the entire New Orleans region.”
The Idea Village’s 2022 VILLAGEx accelerator cohort includes:    
The 12 startup companies were chosen from an application pool of 48 by an external selection panel and members of the Idea Village, which has worked the past 20 years to “build and sustain a vibrant startup ecosystem in New Orleans.” Recently, local companies connected to the Idea Village and its accelerator programs were acquired for more than $2.5 billion. Many of these homegrown startups, including Levelset, Lucid, Turbosquid, and iMoto, received guidance and participated in accelerators run by the Idea Village.
These 12 entrepreneurial companies were selected based on the potential of the novel products and services they are bringing to market according to their growth potential, market insight, product stage, team strength and evidence of product-market fit. Over the next four months, each VILLAGEx company will go through and intensive acceleration process working closely with an Entrepreneur-In-Residence, who will provide many hours of direct mentorship. Each VILLAGEX participant will also work closely with an Investor-In-Residence, general mentors and an Advisory Board, who will guide company founders as they work to increase scalability and position the company to raise a growth round of capital. 
In addition to numerous hours of mentorship and consulting, the entrepreneurs will develop meaningful peer-to-peer relationships that increase accountability and upskilling at all levels of company leadership.
 “The relationships these founders develop, with each other and with the experienced professionals who will mentor and advise them, will result in a stronger entrepreneurial ecosystem and a repeatable cycle of economic growth and success,” said Atkinson. “These founders represent the future of a vibrant startup community in New Orleans.”
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