Rizwan Virk is the Executive Director of Play Labs, LLC. Photo Credit: Play Labs, LLC.
Play Labs, LLC and the MIT Game Lab announced this week that they are open to applications from a new round of startups who wish to participate in their “playful technology” accelerator program. Successful applicants will receive mentoring, facilities, and funding (in cash or Bitcoin) in return for common stock.
The incubator hopes to receive applicants from startups developing technologies for use across a broad spectrum of industries, including finance, healthcare and manufacturing. Examples of technologies the incubator hopes to see amongst startups span the realm of digital currency/blockchain, eSports/video games, VR/AR and machine learning/AI.
The program will be ran by Rizwan Virk, an MIT alumnus, angel investor, advisor and mentor.
“MIT has been the starting point for many successful startups over the years,” said Virk.
“We had a successful first batch and we are excited to see what exciting technology projects MIT students, alumni and the greater community will come up for this second batch,” Virk continued.
Virk also indicated an additional goal of Play Labs is to further develop the tech industry on the United States East Coast.
Applications are being accepted until March 15th. Both MIT-affiliated and independent startups are welcome to apply. More information is available on the incubator’s website at www.playlabs.tv.
