THG and Techstars Launch New Venture Accelerator

The Heritage Group announced a three-year partnership with Techstars, the world’s leading mentorship-driven entrepreneurship program. The partnership, called “The Heritage Group Accelerator Powered by Techstars”, is a vehicle for mentoring and developing early-stage companies at The Center.

The Heritage Group recently announced the launch of the New Ventures Group. The New Ventures Group supports innovation and growth across The Heritage Group by investing and partnering with private companies and internal stakeholders developing new technologies and approaches in both our core and adjacent markets.

At the same time, The Heritage Group also announced a three-year partnership with Techstars, the world’s leading mentorship-driven entrepreneurship program. The partnership, called “The Heritage Group Accelerator Powered by Techstars”, is a vehicle for mentoring and developing early-stage companies at The Center. Beginning in 2019, The Heritage Group Accelerator will select a group of 10 startup companies from what is expected to be hundreds of applicants from around the world, including the most promising local and regional early-stage ventures. The startups will gather in Indianapolis for an intensive three-month program of research and development, mentorship and collaboration.

Both announcements demonstrate The Heritage Group’s commitment to growing our business internally and externally and positioning us for the future. This commitment to innovation goes back to John E. Fehsenfeld, the founder of THG, and has been integral to THG’s growth ever since Amy Schumacher, THG’s President, recently said about the two new ventures: “The Heritage Group has a long history of developing innovative solutions for its customers, and HG Ventures will further catalyze this entrepreneurial culture. Our aspiration for the new venture arm is to bring THG’s spirit and experience, at scale, to a much broader range of early-stage companies and opportunities.”

The New Ventures group is led by Kip Frey, a new member of the THG team and a nationally-recognized entrepreneur and investor. Kip joined THG in June 2018 along with his longtime colleague, John Glushik. Also joining the New Ventures Group was Jon Schalliol and Sarah Minnick, THG vets. Since it was announced, the New Ventures Group has been working collaboratively across the organization to identify opportunities for growth and working to tell THG’s story to a broad range of early- stage companies and entrepreneurs. By leveraging our assets and ideas, THG will be well-positioned for the future.

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