Beginning April 11th, 2014 Global Virtual Studio (GVS), in partnership with the County of Hawaii and the state’s Department of Business, Economic Development and Tourism (DBEDT), the Hawaii Strategic Development Corporation (HSDC), and Creative Industries Division (CID) is set to launch the GVS Transmedia Accelerator.
Hawaii entrepreneurs in the creative industries are often forced to take their talents outside of Hawaii to create intellectual property (IP), only for it to be owned by someone else. The traditional Hollywood model is being challenged by the accelerator model, a disruptive concept empowering the creative entrepreneur to own their IP.
This cutting-edge initiative will empower Hawaii’s creative minds to realize and launch original transmedia franchises for commercial audiences with an investment of $50,000 and mentorship to each selected startup franchise.
The founder of the GVS Transmedia Accelerator is Big Island raised and Konawaena High School graduate, David L. Cunningham, a seasoned filmmaker in both independent and studio arenas. Cunningham made one of Hawaii‘s first independent films, “Beyond Paradise,” as well as the World War II drama “To End All Wars,” starring Kiefer Sutherland, filmed on Kaua’i. Cunningham says, “As a studio filmmaker I was constantly trying to find ways to live and work in the Islands. My wife and I wanted to raise our kids in the same environment we were fortunate to have. Dramatic shifts in the entertainment industry have now made it possible for myself and other filmmakers to work from our home state.”
Mayor Billy Kenoi stated, “The Accelerator Program will be the anchor activity of Honua Studios, newly established in Kailua-Kona with support from the Hawaii County Council. We envision this new facility being a creative hub to attract and support entrepreneurs and industry professionals and increase the number of productions here on Hawaii.”
The Accelerator is part of a surge of activity supported by the HI Growth Initiative (led by HSDC President, Karl Fooks) and Chief Officer of CID, Georja Skinner. Programs like Blue Startups, Hawai’i International Film Festival’s (HIFF) Creative Labs and more are designed to create a synergistic environment statewide.
The GVS Transmedia Accelerator will accept six entrepreneurial teams into the intensive program each year and will provide them with the seed capital and world-class mentors to develop their startup franchises into successful businesses. The goal is to see the best up-and-coming entrepreneurs in Hawaii reach their potential right here in the state.
Cunningham and several other active innovators, including Ralph Winter (Producer of “X-Men” and “Fantastic Four” movies); Mike Frank (Co-founder of Level 3 Communications) and Grant Curtis (Producer of the “Spider-Man” Trilogy, “Oz: The Great and Powerful”) and others will serve as advisors.
The application period for the Program begins April 11th and the Accelerator is slated to launch its first cycle in June 2014. Qualifying applicants must have a commercially viable startup with at least three revenue-generating media platforms. For more information, contact accel(at)globalvirtualstudio(dot)com or visit http://www.globalvirtualstudio.com.