Twelve companies who are creating newfound companies, such as breakthrough technologies and artificial intelligence have been selected to participate in the fifth Comcast NBCUniversal LIFT Labs Accelerator, powered by Techstars.

Tech companies who are making a game change in the metaverse, gaming, and entertainment industries will be able to be a part of the 12-week program that is run out of the Comcast Technology Center in Center City Philadelphia.

The program is also opening its doors to different advisers from companies such as Xfinity, NBCUniversal cable networks, Universal Studios; Universal theme parks; DreamWorks Animation, and Comcast Business.

The organization is also making sure that people of color and women are also represented in this initiative.

Danielle Cohn, vice president of startup engagement and head of LIFT Labs, said the opportunity provided by the organization will focus on uplifting small tech businesses.

“Through LIFT Labs, Comcast collaborates directly with startups at the forefront of new technologies in connectivity, media, and entertainment, with a curated, comprehensive and engaging program,” said Cohn. “During the accelerator, and beyond, these founders will have unmatched opportunities to develop their emerging businesses and gain access to industry leaders and experts.”

She added: “For the past five years, it’s been amazing to watch how these startups continue to cultivate a growth mindset and inspire our innovative teams, and I look forward to seeing what emerges from this remarkable cohort of 2022.”

Selected business leaders will receive the help of more than 100 experts and industry leaders from across Comcast NBCUniversal.

The initiative began in 2018 and since then they have assisted over 43 companies and raised over $115 million combined. Over 70% of companies who completed the 12-week program have secured proof of concepts, pilots, or commercial deals with Comcast, NBCUniversal, and Sky.

Other mentors include KJ Singh, managing director for Techstars. He will lead the 2022 accelerator program.

“Techstars is excited to continue our successful partnership with Comcast NBCUniversal LIFT Labs and work in tandem to support this year’s class of innovative startups,” said Singh. “Over the course of our long-standing relationship, we have created robust programming that provides companies with the skills and connections they need to succeed.”

Businesses who are involved in the 2022 year include Neon Wild, a Latino-owned tech business whose job is to transform any child into a custom avatar.

Another tech startup is LLUNA's technology, which is based in Philadelphia. The company is a TeamOS for modern employers, combining personal operating profiles and smart dashboards to increase connection, and provide simplicity to companies who use their services for its employees.