We are super excited to announce the launch of Matter Ventures, the new name for the Public Media Accelerator. Not only does it have a new name, but also a new space in San Francisco, and a new investor and partner in KQED, who is joining PRX and Knight to launch the new company.
The New York Times covers the debut in the Monday December 3 2012 paper:
Can the nascent entrepreneurial ideas bouncing around Silicon Valley help reinvent public media?
Matter Ventures, a start-up accelerator that will provide four months of financial and logistical support for budding media entrepreneurs, will be unveiled Monday by its partners: KQED, a public television and radio station operator; the John S. and James L. Knight Foundation; and the Public Radio Exchange, known as PRX.
We are also sending out an official press release on behalf of Matter Ventures and the three founding partners – PRX, Knight, and KQED:
Fusing Public Media Values with Silicon Valley Entrepreneurship, KQED, Knight Foundation, and PRX Launch Matter Ventures, An Accelerator for Media Start-ups
The intensive, four-month acceleration program is designed for media startups with multi-disciplinary teams who have early-stage prototypes, such as participatory platforms, mobile applications, B2B media services, and content production engines. Matter will invest in entrepreneurs who show high potential to create media ventures that make a meaningful, positive impact on society while pursuing a sustainable, scalable, profitable business model. Over the course of two years, the fund will run four class cycles, each consisting of five startups. Applications for the inaugural class, which will begin in late February 2013, will be accepted starting today through January 6th, 2013. An online application and guidelines can be found at www.matter.vc.
Applications are now open for teams interested in joining the first Matter class. We’ve got a great space on Bryant Street in San Francisco, right in the thick of things in Internet land.
We’ll be posting more information soon about information sessions and other ways to participate.
And check out the growing coverage of Matter. in GigaOm, VentureBeat, Xconomy and others on the press page.