Two Chattanooga startup companies were picked to take part in Techstars Atlanta, an acclaimed “accelerator” program for budding businesses that marks its second year in Atlanta.
The Chattanooga startups chosen were Collider Tech, which is developing a high-speed, 3-D printer for industrial use, and Rapid RMS, which makes cloud-based, point-of-sale software so gas stations, liquor stores and other retailers can replace their clunky cash register with a sleek, iPad computer tablet.
Both companies have people commuting to Atlanta for the 90-day Techstars Atlanta program, which is housed at Ponce City Market. It promises that entrepreneurs who participate will “build their business network, receive individualized support and learn how to do more faster.”
Jason Luna, Rapid RMS’ chief operating officer, met with 10 mentors Monday at Techstars – and will do that over and over again for 10 days until he meets 100 mentors.
“Today was the first day of ‘Mentor Madness,'” he said, describing the first phase of the accelerator that Rapid RMS hopes will culminate in $3 million worth of backing from investors.