gener8tor Announces New Director for Agbioscience Startup Accelerator
INDIANAPOLIS, IN — Startup advocate and business executive, Doug Applegate, will lead gBETA Agbioscience, a free accelerator for early-stage agriculture, food, science and technology based companies, this fall. Run by nationally ranked startup accelerator gener8tor, gBETA Agbioscience helps startups produce innovative practices while promoting growth to the Indiana AgBioSciences sector.
gBETA Agbioscience works with five startup companies to ensure a custom, concierge approach. Participants receive intensive and individualized coaching and access to gener8tor’s national network of mentors, customers, corporate partners and investors.
A native of Indiana, Applegate is a graduate of Indiana University where he received a bachelor’s in Communications Studies. He served various roles in the recruiting, SaaS, healthcare, and tech education industries. As a startup founder himself, Applegate’s area of expertise is in the development of early-stage and tech startups. Applegate will also lead gBETA’s new national 5G program in Spring 2022.
“I’m excited to work with so many amazing companies solving today’s problems from across Indiana,” says Applegate. “The agriculture and bioscience industries have a great opportunity to project growth across the Midwest. It’s awesome to see our partners in Indiana help us be the incubator and accelerator for the next generation of tools, technology, services, and solutions these pioneering communities need and desire.”
gBETA Agbioscience is currently accepting applications for their fall cohort. The program is held once per year with a high level of individualized attention for participating companies. Those interested in learning more or applying to the program can set up office hours with Applegate by visiting gBETAstartups.com/agbioscience.
“Ag Alumni Seed is delighted to partner with the gBETA Agbioscience program. Dynamic startups like past participants: FloWaste, Gen3Bio, and Market Wagon, bring an energy, excitement and dynamism to our industry that motivates us to work a little harder and be a little better at what we do,” says Jay Hulbert, President & CEO of Ag Alumni Seed.
Since gBETA’s inception:
- 558 companies have gone through gener8tor’s gBETA accelerator programming
- 208 have gone to raise at least $50K
- 69 were accepted into investment-based accelerator programs
Graduates have:
- raised $215M+ in total financing
- created 2,460+ jobs
In addition, 41% of the startups have been led by a founder of color, and 43% led by women founders. Eight of the startups have been acquired by larger companies.
The gBETA Agbioscience program is offered thanks to the support of the Ag Alumni Seed, AgriNovus Indiana, Barnes & Thornburg LLP and Beck’s Hybrids.
About gener8tor
gener8tor’s turnkey platform for the creative economy connects startup founders, investors, corporations, universities, job seekers, musicians and artists. The gener8tor platform includes accelerators, upskilling, corporate programming, and conferences with content on community growth, impact investing, diversity, equity and inclusion, and innovation across education, agriculture, insurance, healthcare, and more. Recently, gener8tor was named one of Fast Company’s Best Workplaces for Innovators. For more information, visit gener8tor.com.
About gBETA
gBETA accelerates the growth of early-stage companies through its network-driven program. gBETA supports five teams per cohort and requires no fees and no equity. Since launching in 2015, gBETA program alumni have raised $215M+ in capital and created 2,460+ jobs across the US and Canada. For more gBETA statistics, visit gbetastartups.com/statistics.
