The grant will allow The Mill to grow its existing investment fund for early stage startups, Flywheel Fund, and create a second fund called Turbine.
The Mill Awarded Nearly $400,000 by the EDA
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The grant will allow The Mill to grow its existing investment fund for early stage startups, Flywheel Fund, and create a second fund called Turbine.
Less than 1% of the basketball world uses breakdowns, due to the cost and difficulty of accessing the technology. Blueprint Stats attacks that problem head on at a time when both sides of the market are looking for player insights.
“We saw a great opportunity for Flywheel Fund to get in early with an up-and-coming sports tech startup.”
Flywheel has made a $50,000 investment in beastcoast, a pro-gaming content network.
Flywheel Fund II plans to make six to eight investments of about $50,000 each, double the investment from Fund I.
Diversity is a matter of ethics, and it’s also a matter of economics. It’s simply better for our fund to invest in all the great ideas that could fuel our community’s future economy.