Amherst, Mass., December 12th, 2016 /PRNewswire/ -- Kayon Partners, in partnership with AmherstWorks, have launched The Kayon Accelerator located in downtown Amherst, Massachusetts.  The new entity will act as a nexus for new businesses and entrepreneurs, combining a range of in-kind services, hands-on help and a co-working location with an expert team focused on positively impacting the trajectory of early-stage businesses.

“The Kayon Accelerator is bringing extensive expertise in developing early stage companies to Amherst,” said Geoff Kravitz, Amherst’s Economic Development Director. “Kayon’s decision to locate here reinforces the strength of Amherst’s innovation ecosystem. I look forward to their success, as well as the success of the disruptive companies they will cultivate at their AmherstWorks location.”

“Kayon Partners bringing their experience and focus to this project will be an incredible boon for the local economy and advances the development of our community as an innovation hub.”, said Sarah la Cour, Executive Director of Amherst Business Improvement District (BID). “The Amherst BID has been working closely with many in the valley to create opportunities for starting and retaining new businesses and this is an enormous step forward. The Kayon Accelerator program, provides energy and expertise that will spur increased interest in local investment and vitality. The BID welcomes Kayon Partners to downtown Amherst.”

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"This is a genuinely exciting opportunity for innovators in the Amherst area to leverage the expertise Kayon Partners brings to the entrepreneurial equation," said Tim O'Brien, Executive Director of the Amherst Area Chamber of Commerce. "The ongoing research at our educational institutions and our regional culture of ingenuity make this presence a strong fit for our economy. We're always working to help new businesses take flight and foster job expansion right here in the Amherst area, and the Kayon team will help identify and nurture rising operations ready to grow."

Steve Garrow, Amherst College graduate and Managing Partner of Kayon Partners, added, “The support of the local community has enabled us to try and fill this need in the marketplace. We look forward to working with all stakeholders in developing a thriving accelerator program in the heart of Amherst.” 

ABOUT THE KAYON ACCELERATOR

The Kayon Accelerator provides participating companies an intensive five-month program with the goals of helping early-stage companies progress rapidly into exciting, viable, venture-scalable businesses. The Accelerator has begun accepting applicants for the Spring 2017 incoming class of companies.  See http://www.kayonaccelerator.com for more information.

ABOUT AMHERSTWORKS

Located in a recently renovated First National Bank building on Amity Street, AmherstWorks provides professional co-working space for small companies, startups, and freelancers from a variety of industries.  It is the home of the Bitcoin Foundation and other fast growing young companies based in the Pioneer Valley. See http://amherstworks.io for more information.

ABOUT KAYON PARTNERS

Kayon Partners is an investment and business development firm located in New York City and Boston that invests in early through later stage innovative growth companies.  See http://www.kayonpartners.com for more information.