{"id":38763,"date":"2023-10-20T14:58:49","date_gmt":"2023-10-20T14:58:49","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/red-bull-looks-to-give-music-start-ups-wings-with-new-accelerator-startupsmart\/"},"modified":"2023-10-20T14:58:49","modified_gmt":"2023-10-20T14:58:49","slug":"red-bull-looks-to-give-music-start-ups-wings-with-new-accelerator-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/red-bull-looks-to-give-music-start-ups-wings-with-new-accelerator-startupsmart\/","title":{"rendered":"Red Bull looks to give music start-ups wings with new accelerator – StartupSmart"},"content":{"rendered":"
\"\"<\/div>\n

Energy drink brand Red Bull has launched a start-up accelerator dubbed the Red Bull Amplifier, aimed solely at music-related ideas, but will offer industry access rather than venture capital.<\/p>\n

\u00a0<\/p>\n

Red Bull Amplifier is, according to company spokesperson Gemma Lacey, designed to help the most innovative music start-ups by giving them access to Red Bull\u2019s international network.<\/p>\n

\u00a0<\/p>\n

Red Bull claims to have more than 37 million followers on Facebook and one million followers on Twitter.<\/p>\n

\u00a0<\/p>\n

Red Bull Amplifier, developed alongside London-based design and innovation agency Sidekick Studios, is being positioned as an alternative to incubator heavyweights such as Y Combinator.<\/p>\n

\u00a0<\/p>\n

\u201cRedefining the standard accelerator model, no money will change hands,\u201d Lacey wrote in a company blog.<\/p>\n

\u00a0<\/p>\n

\u201cThe program is a creative partnership designed to help start-ups that are ready to scale their business by engaging them with Red Bull\u2019s networks and enhancing its existing music properties with innovative technology.\u201d<\/p>\n

Submissions close on April 22, and up to 10 successful applicants will be informed by May 27.<\/p>\n

\u00a0<\/p>\n

Lacey said the submissions will be screened by a panel of industry experts including singer and producer Ghostpoet, Ciara Bryne from VentureBeat<\/i> and Dave Haynes from SoundCloud.<\/p>\n

\u00a0<\/p>\n

According to Haynes, Red Bull Amplifier is well placed to meet the needs of music start-ups.<\/p>\n

\u00a0<\/p>\n

\u201cSometimes it\u2019s not enough to get a small amount of funding or the accolades that some start-up accelerators provide,\u201d Haynes said in a statement.<\/p>\n

\u00a0<\/p>\n

\u201cWhat counts for early stage music start-ups is exposure to a critical mass of potential new users.\u201d<\/p>\n

\u00a0<\/p>\n

Red Bull has outlined the eligibility criteria:<\/p>\n

\u00a0<\/p>\n