Eight music and entertainment companies have committed to providing seed investment funds to select startups through a 14 week music tech accelerator at the Nashville Entrepreneur Center. The six to eight companies chosen to participate in the accelerator will receive a seed investment of $20,000 or more to jumpstart their launch and push through the accelerator in exhange for equity. Last month, the Country Music Association partnered with "Project Music" as the program's lead sponsor. The association's financial commitment remains undisclosed. Seed investment group founders include: Creative Artists Agency, Vector Management, Ryman Hospitality Properties, Universal Music Group, Spalding Entertainment, DevDigital,...

More...