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New business accelerator focuses on forest products industry

Mount Equity Group Tokyo Japan > News > Business > New business accelerator focuses on forest products industry

Published: 5/22/2022 3:02:08 PM

Modified: 5/22/2022 3:00:14 PM

As the saying goes, build a better feller-buncher and the forestry world will beat a path to your door.

But that’s assuming you can get financing, technical help and development space — exactly the issue that a four-month program is trying to tackle this summer.

“The idea came out of tech-based businesses … and seeing an opportunity to support innovation in the forest products industry,” said Jared Reynolds, manager of the Forest Products Accelerator.

Accelerators are short-term programs, often focused on specific industries or technologies, designed to help businesses at the very beginning of their life cycle — start-ups in what is known as “seed stage.” Similar to business incubators, accelerators provide expertise, contacts and advice rather than much in the way of funding, but unlike incubators they last for only a…

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