{"id":8751,"date":"2019-11-22T03:51:10","date_gmt":"2019-11-22T03:51:10","guid":{"rendered":"https:\/\/esportbet.com\/?p=8751"},"modified":"2019-11-25T04:14:14","modified_gmt":"2019-11-25T04:14:14","slug":"misfits-launch-10m-seed-fund-for-emerging-esports-brands","status":"publish","type":"post","link":"https:\/\/esportbet.com\/misfits-launch-10m-seed-fund-for-emerging-esports-brands\/","title":{"rendered":"Misfits launch $10m seed fund for emerging esports brands"},"content":{"rendered":"

Misfits Gaming Group recently announced they are launching a US $10 million gaming incubator and seed fund called MSF.IO, which will aim to support esports companies and entrepreneurs looking to take their business to the next level.<\/p>\n

MSF.IO will “provide a pathway for innovators to nurture and grow ideas that will help evolve the esports and gaming industry”, according to a press release from Misfits.<\/p>\n

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“As the first esports and gaming-focused startup incubator and seed fund offering the resources of our calibre in North America, our goal is to create infrastructure for supporting and developing emerging business talent,\u201d said Ben Spoont, CEO and co-founder of Misfits Gaming Group.<\/p>\n

MSF.IO is a global initiative which will accept applicants from all over the globe and it won’t be limited to esports team entrepreneurs. <\/p>\n

Misfits will hold an open application period and handpick two startups by January next year. The two chosen applicants will join MSF.IO’s inaugural class of 2020, with an optional incubation period in the Misfits headquarters in Florida, from where the organization manages teams competing in League of Legends<\/a> (Misfits Gaming), Overwatch<\/a> (Florida Mayhem) and Call of Duty<\/a> (Florida Mutineers).<\/p>\n\n\n\n

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