NEW YORK — LDJ Productions, a full-service event management agency, has created a startup accelerator, “FUTURES NYC“, to be housed at the company’s new headquarters at 110 Leroy Street. Focused on emerging technology in the live events industry, FUTURES will provide workspace, access to clients, mentorship, and tailored workshops to participating startups, curating a community of like-minded entrepreneurs. Applications for consideration in Batch 1 are open from August 1 through October 15, 2017, at futuresnyc.com. The program will begin in mid-January 2018.
FUTURES will drastically enhance the technical offerings for LDJ Productions’ current clients spanning fashion, technology, media, auto, finance, and beauty. LDJ Productions’ client roster includes ongoing work with Automation Anywhere, L’Oréal, Reebok, Scripps Networks, Shiseido, The New York Times, ULTA, Viacom, Fairchild Media, and Yahoo! The company is also the agency producers of WME/IMG New York Fashion Week.
“At LDJ, we live and die by one credo; service the client and service the client’s client,” said Adam Cook, president and CFO at LDJ Productions. “As creative and executional producers, it is our job to remain at the forefront of emerging technologies that have potential to enhance an attendee’s experience. FUTURES was born out of the demand that we play an active role in facilitating new technology on behalf of our clients. By building quality partners across multiple disciplines from the ground up, and by utilizing our network to support the next game-changing startup for the live event industry, we are uniquely positioning ourselves to provide equal value to all parties involved,” continued Cook.
Those chosen for Batch 1 will immediately receive $10,000 in exchange for 4% equity, with the opportunity for FUTURES to invest up to an additional $190,000 in the form of a convertible note. Each Batch will run for six months, however, promising startups will be given the opportunity to extend their engagement with the program for up to an additional two terms of six months each. Each term will end with a live investor presentation. Mentorship, client development, and professional growth will be key parts of the FUTURES experience.
FUTURES is welcoming accredited investors growing their emerging technology portfolios by joining the flagship fund, and partners interested in taking advantage of a low-entry technology development pipeline.