Independent media agency
Empower MediaMarketing recently created a new Disruptive Media Fellowship at
The Brandery, Cincinnati's consumer brand business accelerator.
The $10,000 fellowship will go to a Brandery startup whose idea is most disruptive to the media landscape. The fellowship recipient will be announced later this month, as The Brandery's incoming 2013 class begins, says Empower MediaMarketing's Director of Content Strategy Kevin Dugan.
"It seems that disruptions are taking place almost every day as consumer habits change," Dugan says. "We feel that for companies reacting to that is really more of an opportunity than anything else. If you are helping create the disruptions, it can become a competitive advantage."
Empower MediaMarketing is an independent media agency that plans, buys, creates and proves media impact for its clients. Dugan and CEO Jim Price are also Brandery mentors.
The Brandery launched in 2010 to offer funding, mentoring and partnerships for consumer marketing businesses. Brandery companies receive $20,000 in startup funding, and pitch their companies to potential investors at a Demo Day at the end of the four-month program.
The Brandery is a member of the
Global Accelerator Network, and companies from across the country apply to the emerging accelerator. It is annually recognized as one of the elite startup accelerators in the country.
More than 60 mentors work with the companies, which each receive $20,000 in seed money. Leading Cincinnati-based agencies offer free marketing and media guidance to each of the startups.
"As a company, we have been mentoring startups since 2010," Dugan says. "We really enjoy the process and wanted to increase our support (of The Brandery). This allows us to increase commitment and help startups."
By Feoshia H. Davis
Enjoy this story?
Sign up for free solutions-based reporting in your inbox each week.