Leantime selected for the RIoT Accelerator Program Cohort XVI

Estimated reading time: 2 minutes

Leantime is one of the 7 companies selected to participate in this Fall XVI cohort of the RIoT Accelerator Program.

The RIoT Accelerator Program (RAP) is a 12-week intensive accelerator program serving early and growth stage companies and corporate innovation teams. The program operates in multiple RIoT Labs locations, several times per year. Uniquely, RIoT does not take an equity stake in startups supported in RAP, nor do we ever own Intellectual Property developed. Teams accepted into the program are granted 6 months free access to RIoT Labs and a 1 year sponsorship of RIoT for free access to services across our entire portfolio.

Leantime will participate along companies such as:

Phase II out of Quantico, VA.
Cell Matrix Corporation from Blacksburg, VA.
DeVil-Tech from Stafford, VA.
Beam Diagnostics out of Roanoke, VA.
N-Smart from Sterling, VA
A.U.G. Signals from Toronto, Canada

Leantime is excited to be a part of the program, “We’re looking forward to being part of the RIoT community,” said Gloria Folaron, “They’re really focused on building sustainable businesses.”

Leantime is an open source project management system built to help companies connect their visions to the day-to-day work and make it a more personal experience for the members of the team. For some time now, studies have been creating a dire picture of the future of work — employees are disengaged, “quiet quitting” and the strategic opportunities are not being well communicated. Leantime is changing that by connecting the purpose of an employee’s role to the actual goals being accomplished and making them trackable in real time.

Read more about the other companies and the RIoT announcement.

RIoT is a nonprofit 501(c)(3) economic development organization based in Raleigh, North Carolina. RIoT leads a community of more than 9,000 members and 80+ participating companies, municipalities and academic institutions. RIoT produced more than 90 conferences, workshops and educational seminars in 2019. RIoT supports industry of all sizes through an equity-free accelerator program, access to labs and equipment and expert technical and business mentoring. Since 2014, startups who have worked with RIoT have collectively created more than 725 jobs and raised $392M in capital. RIoT has chapters in 6 cities across North Carolina, Virginia, Georgia and Colorado. RIoT is part of the Wireless Research Center – a world-class engineering services, research and wireless testing facility located in Wake Forest, North Carolina. To learn more about the Wireless Research Center, please visit here: https://wrc-nc.org/