Home VIDEO: New Incubator Model Sprouts Startups for Long-Term Growth

VIDEO: New Incubator Model Sprouts Startups for Long-Term Growth

A new startup services firm has reared its head in Bloomington, Indiana. Meet SproutBox, the brainchild of Marc Guyer, Mike Trotzke, and Brad Wisler.

Much like Remarkable Wit, a venture technology firm we recently covered, SproutBox focuses on product development and essential business services, investing talent in startup companies in exchange for equity.

Each year, SproutBox proposes to give four hand-picked startups enough cash, expertise, tools, and other resources needed to turn their early stage ideas into a revenue-generating reality.

During the eight-month Sprout cycle, the selected startup will receive approximately $250,000 worth of services, which the founders say is a greater investment than that offered by similar firms such as TechStars or Idealab. Startups are also given enough actual money to pay the entrepreneurial team to focus on building and growing the startup.

At the BIGOmaha conference this morning, founders Trotzke and Wisler sat down to talk about the SproutBox approach and what they think will make a good startup project.

Starting today and until August 8, SproutBox will accept applications from entrepreneurs. Interested entrepreneurs and start-ups can apply online at SproutBox.com.

As a means of proving the model, SproutBox has already completed work on two projects. The team developed DecideAlready, a web-based decision-making tool, and CheddarGetter, an easy-to-use online subscription management and billing tool which is currently accepting requests to join its private beta.

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Get the biggest tech headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Tech News

    Explore the latest in tech with our Tech News. We cut through the noise for concise, relevant updates, keeping you informed about the rapidly evolving tech landscape with curated content that separates signal from noise.

    In-Depth Tech Stories

    Explore tech impact in In-Depth Stories. Narrative data journalism offers comprehensive analyses, revealing stories behind data. Understand industry trends for a deeper perspective on tech's intricate relationships with society.

    Expert Reviews

    Empower decisions with Expert Reviews, merging industry expertise and insightful analysis. Delve into tech intricacies, get the best deals, and stay ahead with our trustworthy guide to navigating the ever-changing tech market.