Troy Carter Launches New LA Accelerator, SMASHD LABS

Los Angeles has a new, startup accelerator in town, thanks to talent manager Troy Carter, who announced on Thursday that he has launched SMASHD LABS, to help accelerate companies in the area of entertainment & culture. According to Carter, the new accelerator--which will launch on September 14th--will invest $50,000 in each of 5-7 participating companies, and also help tie those companies with brand partners and mentors. The new startup accelerator is part of Atom Factory, Carter's entertainment company, which also has been a frequent investor in startups--including Uber, Spotify, Dropbox, Warby Parker and Lyft. SMASHD LABS said it will accept applications to become part of the accelerator until August 7th.