The Heritage Group will invest $120,000 in each of 10 materials science, environmental services and specialty chemicals startups through the scheme.
US-based industrial conglomerate The Heritage Group (THG) has set up an accelerator run by entrepreneurs network Techstars having launched a corporate venturing unit called HG Ventures earlier this month.
THG’s New Ventures Group has set up the new initiative, The Heritage Group Accelerator Powered by Techstars, to mentor and develop early-stage companies at its corporate research and innovation facility in Indianapolis, Indiana.
The scheme will begin in 2019, when the accelerator will choose 10 startups developing materials science, environmental…
