Flashpoint, Georiga Tech's accelerator program is now accepting applications for its third cohort to begin in January, 2013.

Of the 30 teams that participated in the first two Flashpoint cohorts, 28 continue to develop.  The first cohort received over $8 million in follow on funding in six months.  The second cohort, just finishing, already has raised more than $1.25 million in follow on funding.  

If you are interested in learning more here are the Flashpoint FAQs. The deadline to apply is November 19.