Music streaming startup NicheStreem selected for US accelerator

Cape Town-based music streaming service startup NicheStreem, has been selected to participate in the US-based Peacetech Accelerator.

The programme will take place over eight weeks and focuses on scaling up cloud-based startups and non-profits. It is hosted in collaboration with C5, Amazon Web Services (AWS), and PeaceTech Lab.

“We are delighted to welcome NicheStreem as part of our first cohort. We believe that music, the communities it fosters and the divides that it can bridge can help to bring about reconciliation in conflicted communities and regions,” says the COO of C5 Accelerate, Eva-Maria Dimitriadis, in a press release to Ventureburn.

“In this regard, NicheStreem’s platform is an ideal peacetech solution and we welcome their participation in the programme.”

Read more: Media24 acquires 10% equity in SA music streaming service NicheStreem

The Peacetech Accelerator begins on 3 April and will run until the end of May. It will conclude with pitch days where companies will showcase to potential investors.

“We see this as an invaluable opportunity to learn from experienced mentors and expand the NicheStreem offering internationally,” adds founder and CEO of NicheStreem, Catherine Lückhoff.

“The team and I are very excited and inspired by the prospect of harnessing our service to build a peacetech streaming solution for communities in need and look forward to what the future holds,” writes Lückhoff.

Each company selected for the accelerator will also receive US$50 000 in AWS credits.

We’re excited to announce @NicheStreem will join the first program of the #PeaceTechAccelerator w/ @AWS_Gov @PeaceTechLab #music #peacetech

— C5 Accelerate (@C5Accelerate) March 27, 2017