Funds $ 25K per team
Takes 8% equity
Funds 6 startups per year
Markets Data & Analytics Software Web Computer Security Data Mining +2
Invests in North America United States
Locomotive is a 90 day cohort based accelerator built on Opelika Alabama's 1gb fiber pipe. The program is housed and is a subsidiary of Round House the startup space in downtown Opelika.

John McAfee, Technology Pioneer and founder of McAfee Anti Virus, Nolan Bushnell, Founder of Atari and Chuck E Cheese, and Brock Pierce, Bitcoin pioneer and star of Mighty Ducks are just some of our award winning mentors that each team will get one on one coaching and guidance from.

We are located just an hour and a half drive from Atlanta, Opelika is situated in the eastern part of Alabama with access to major universities, fun sporting events, and of course the data. Opelika is one of six currently in operation 1gb fiber pipes/cities built in conjunction with smart grid technology.

Startups selected for Locomotive at the Round House will receive $15,000 for a 6% equity stake. As the 90 day program nears completion startups will be offered an additional $10,000 for an additional 2% equity stake...
Locomotive is a 90 day cohort based accelerator built on Opelika Alabama's 1gb fiber pipe. The program is housed and is a subsidiary of Round House the startup space in downtown Opelika.

John McAfee, Technology Pioneer and founder of McAfee Anti Virus, Nolan Bushnell, Founder of Atari and Chuck E Cheese, and Brock Pierce, Bitcoin pioneer and star of Mighty Ducks are just some of our award winning mentors that each team will get one on one coaching and guidance from.

We are located just an hour and a half drive from Atlanta, Opelika is situated in the eastern part of Alabama with access to major universities, fun sporting events, and of course the data. Opelika is one of six currently in operation 1gb fiber pipes/cities built in conjunction with smart grid technology.

Startups selected for Locomotive at the Round House will receive $15,000 for a 6% equity stake. As the 90 day program nears completion startups will be offered an additional $10,000 for an additional 2% equity stake with the teams commitment to stay in Opelika for 21 more months.

Opelika offers an amazing cost of living and an atmosphere that pushes people to be creative, and think outside the box in a mellow environment. "It's Cooler In Opelika"

Timeline:

Application period 1/15/2015-4/5/2015
Final call backs by April 10, 2015
Finalists announced April 14, 2015
Move in May 1, 2015
More information

Staff

Kyle Sandler
Admin
Kyle Sandler Serial entrepreneurs, traditional and new media veteran