Roanoke’s startup accelerator program, RAMP, gave its first cohort of burgeoning businesses a boost last year with free training, mentorship and office space.
Now, as it gets ready for the second cycle with $500,000 in fresh funding, program organizers say they’re going to start making investments in each participating company.
RAMP, or Regional Acceleration and Mentoring Program, won’t be taking any ownership from the startups it helps. But leaders have set aside $100,000 to split between the roughly five companies that will be selected next month for the accelerator’s second cohort.
