March 30th, 2015
Contact: Robbie Goldsmith
Nashville Entrepreneur Center
NASHVILLE, Tenn., (March 30, 2015)
BULLPEN VENTURES EYES PROJECT MUSIC FOR INVESTMENT
Project Music, the country’s only music and technology business accelerator, operating in partnership with the Nashville Entrepreneur Center (EC) and the Country Music Association (CMA), is gaining attention from local investment group, Bullpen Ventures.
Bullpen Ventures has committed to making an investment offer of up to $100,000 to one team following the 2015 Startup Showcase. Project Music teams will present their ideas to investors live on stage on April 23rd, 2015 at the CMA Theatre in the Country Music Hall of Fame.
“We are excited about the Project Music cohort and look forward to following their progress over the next several weeks. This is a unique opportunity that aligns with our investment strategy which is to support the Nashville Entrepreneur Center and the successful entrepreneur ecosystem that exists in this community,” says Mark Montgomery, who leads the music specific investment committee at Bullpen.
Bullpen Ventures was started in February of 2011 by Stuart McWhorter and John Ingram to help entrepreneurs grow fresh ideas into thriving businesses. Shortly after launching the partnership, Bullpen Ventures was joined by three new investors Steve Turner, Joe Galante, and Mark Montgomery. Operating out of the EC, Bullpen Ventures gives entrepreneurs the ability to launch the company they have always dreamed of with access to seed capital, the ability to develop a working prototype and an investable story in an environment that is rich with entrepreneurial resources.
Additionally, a portion of the proceeds from any successful Bullpen endeavor go to help sustain the Center, as a way to show its commitment to the EC. Currently, Bullpen Ventures has invested in EC graduates e-clinic healthcare, Populr and Ballparc.
For more information about Project Music, please visit http://www.ec.co/projectmusic.
About the EC:
The EC connects Entrepreneurs with Investors, Mentors and the Critical Resources they need to accelerate the launch of startup businesses. The EC fosters innovation and entrepreneurship by Turning Ideas Into Reality, helping to start businesses and create jobs. As a non-profit 501(c)3 organization, the Center is funded through sponsorships, partnerships, donations and grants. The EC relies on support from leading corporations, successful entrepreneurs and those who have a vested interest in the Center’s success. For more information, visit ec.co.
Founded in 1958, the Country Music Association was the first trade organization formed to promote a type of music. In 1961, CMA created the Country Music Hall of Fame to recognize artists and industry professionals with Country Music’s highest honor. More than 7,400 music industry professionals and companies from around the globe are members of CMA. The organization’s objectives are to serve as an educational and professional resource for the industry and advance the growth of Country Music around the world. This is accomplished through CMA’s core initiatives: the CMA Awards, which annually recognize outstanding achievement in the industry; CMA Music Festival, which benefits music education and is taped for a three-hour TV special; and “CMA Country Christmas,” featuring Country artists performing original music and Christmas classics. All of CMA’s television properties will air on the ABC Television network through 2021. For more information, visit CMAworld.com.