My gut impression is that this is a good program for recent graduates near Atlanta, but I think that enrollment in this program is good in the same way that attending a regional community college is good. It's real, but it's obviously a compromise.

Also, "hyper-excited" tone and over-selling of basic web functionality (e.g. strategic web content management == WCM?) makes me suspicious. Starting a start up ---especially with little experience almost no capital--- seems extremely stressful and demands an extreme focus on reality. This cheerleading marketing may work well for corporate sales, but I fear that it will be a toxic distraction to start ups interested in <$20,000 capital in Atlanta.

I predict a high throughput of web media and software consulting companies from this fund...