When the first StartFast Venture Accelerator begins this morning in Syracuse, the clock will start ticking for nine startups hoping to turn their big idea into a profit maker.
Modeled off of similar accelerators around the country, the teams have 100 days to soak up as much advice and support as they can. They're also given seed money and workspace.
StartFast is the creation of two local entrepreneurs, Chuck Stormon and Nasir Ali. In return for the investment and admittance into the program, Stormon and Ali get a small stake in the company.