Get All Access for $5/mo

These Are the 10 Startups Disney Just Tapped to Join Its Storied Accelerator Program Each will receive $120,000 as well as mentoring from top Disney execs.

By Geoff Weiss

Opinions expressed by Entrepreneur contributors are their own.

Launched last year, Disney's Accelerator program is already making dreams come true.

The program, run in collaboration with Techstars, offers 10 startups $120,000 each, as well as mentoring from a slew of top executives, including Disney chairman and CEO Bob Iger. The 13-week program serves to preserve the legacy of Walt Disney, for whom creativity, technology and innovation were founding touchstones, the media company said.

The first class of Disney Accelerator startups, announced last July, "have either raised capital, been acquired or become profitable," according to Disney, which has also collaborated with a handful of the companies on various projects and products.

For instance, Disney integrated characters from its hit film Inside Out into ChoreMonster, a chore-assigning app for children. And it collaborated with the robotics company Sphero, another accelerator startup, to build an official toy for Star Wars: The Force Awakens, arriving later this year.

Related: How 50 Cent Scored a Deal With Disney

Since teaming up with Disney, ChoreMonster has doubled its users and Sphero has raised $45 million in funding. With an eye to the kind of growth that being tapped by the accelerator can potentially unlock, today Disney is announcing a new class of startups.

Among the chosen few are: Imperson, an artificial intelligence platform that enables fans to converse with their favorite fictional characters; MakieLab, which lets kids design their own 3D-printed toys; Open Bionics, which makes affordable bionic hands for amputees; and Pundit, an app that allows users to host an audio Ask Me Anything (AMA) session over Twitter.

Others companies joining the accelerator include the mobile ad platform Decisive; brainwave-reading headset maker EMOTIV; video recommending service FEM Inc.; HYP3R, a location-based social influence platform; virtual reality content aggregator Littlstar; and StatMuse, which aims to help sports fans better parse through stats.

Related: 2 Key Lessons From Disney That Help on Kickstarter and in Business

Geoff Weiss

Staff Writer. Frequently covers digital media.

Geoff Weiss is a staff writer at Entrepreneur.com who frequently covers digital media.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

This Former Disney Princess Lived 'Paycheck to Paycheck' Before Starting a Side Hustle at Home — Now She Makes $250,000 a Year

Victoria Carroll's income was "sporadic" until a friend encouraged her to take her talents to Fiverr in 2018.

Growing a Business

Beware of These Risky Sales Tactics That Are Doomed to Fail or Backfire

Every business owner can learn from the failed sales tactics of a defeated car salesman. Know what they are to avoid losing your sale.

Business News

Here's What Sora, OpenAI's Text-to-Video Creator, Can Really Do

Toys "R" Us used Sora, an AI filmmaker, to create its latest ad.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Can ChatGPT Help Start a Business? I Tried the Latest Version, GPT-4o, to Find Out.

I tried ChatGPT for business advice, from the perspective of a first-time founder looking for ideas and guidance.