Since the start of the accelerator, alumni companies have raised nearly $100 million combined, and 72% have secured proofs of concepts, pilots, or commercial deals with Comcast, NBCUniversal, and Sky, because of their participation in the program

PHILADELPHIA--(BUSINESS WIRE)-- Comcast today announced it is now accepting applications from global startups in connectivity, media, and entertainment for the fifth class of the Comcast NBCUniversal LIFT Labs Accelerator, powered by Techstars. This year, the company is looking to mentor and invest in startups developing world-class technologies and products in the program’s core focus areas: Connected Living; Immersive and Inclusive Experiences; and Smart, Sustainable Enterprise. Founders can apply now through May 11, 2022, for the program, which begins in August 2022 in Philadelphia.

Since the start of the LIFT Labs Accelerator in 2018, 43 alumni companies have raised a combined $96 million. In addition, 72% of LIFT Labs accelerator startups have secured proofs of concepts, pilots, or commercial deals with Comcast, NBCUniversal, and Sky, as a result of the mentorship they received in the program. This includes alumni like AfroLandTV, which worked closely with the Xfinity and NBCUniversal teams during the accelerator and now distributes their content to millions of households through Xumo, X1, and Peacock. Introvoke now powers virtual events for several teams at Comcast. Thinker Tinker, an alumnus from the first LIFT Labs accelerator, developed a children’s toy and app platform based on the Trolls animated movie franchise in partnership with DreamWorks Animation, and LootLocker is working with G4, NBCUniversal and Game Jolt on a 2022 Game Jam focused on the next generation of game developers and creators.

The 2022 accelerator is planned to take place primarily at the Comcast Technology Center in Philadelphia. Danielle Cohn, Vice President of Startup Engagement and Head of LIFT Labs; Luke Butler, Executive Director of Startup Engagement, Comcast NBCUniversal; and KJ Singh, Managing Director, Techstars; will lead the program and work closely with the startups over the accelerator’s 12 weeks. Founders will also collaborate with mentors and product experts from across Comcast NBCUniversal’s businesses, including the Xfinity teams; NBC and Telemundo; Sky; Universal Studios; Universal Parks and Resorts; DreamWorks Animation; Illumination; Comcast Business; and Comcast Spectacor; as well as mentors from Techstars’ global network.

“Comcast NBCUniversal LIFT Labs has been a beacon for our organization since it began five years ago, lighting the way for how we engage and collaborate with startups from around the world who are at the forefront of building new technologies in connectivity, media, and entertainment,” said Cohn. “In addition to supporting founders, LIFT Labs also complements an innovation infrastructure that encourages our employees to think creatively and enhances our perspective of the future, which leads to further benefits for our company, our communities, and our customers. The past four programs have been incredible, and I can’t wait to see what’s on the innovation horizon for our fifth class.”

Over the next several months, LIFT Labs and Techstars will recruit in six cities, offering interested founders the opportunity to meet program leaders and alumni at office hours and networking events. Tour cities include: Miami (3/23), Atlanta (3/24-25), Los Angeles (3/29), Chicago (3/31), Philadelphia (4/20), New York City (4/21), with additional events planned for London and Tel Aviv. All event information and registration can be found on the LIFT Labs website at lift.comcast.com/events.

LIFT Labs is a key part of Comcast NBCUniversal’s Startup Engagement initiative, a comprehensive approach from Comcast to partner with startups to create and elevate innovative technologies that benefit the company’s customers and communities. For more information, including further details on the accelerator’s focus areas and access to free resources for entrepreneurs, visit www.ComcastNBCULIFT.com follow @LIFT_Labs on Twitter.

About Comcast CorporationComcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information.

About TechstarsThe Techstars worldwide network helps entrepreneurs succeed. Founded in 2006, Techstars began with three simple ideas—entrepreneurs create a better future for everyone, collaboration drives innovation, and great ideas can come from anywhere. Now we are on a mission to enable every person on the planet to contribute to, and benefit from, the success of entrepreneurs. In addition to operating accelerator programs and venture capital funds, we do this by connecting startups, investors, corporations, and cities to help build thriving startup communities. Techstars has invested in more than 2,900 companies with a combined market cap of more than $179B. www.techstars.com

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Media: Louise Eich 202-839-2659 Louise_eich@comcast.com

Source: Comcast Corporation