Walt Disney have launched a startup incubator, working with Techstars, Disney Accelerator.

Ten “early-stage companies, with innovative consumer media and entertainment product ideas” will receive an investment of $120,000 investment along with mentorship from tech and entertainment industries, and leaders in various Disney divisions including Pixar, Marvel, Lucasfilm, ESPN, and Walt Disney Imagineering. In December Disney appointed Jack Dorsey (Twitter co-founder) to its board of directors joining technology heavy-weights, Sheryl Sandberg (Facebook COO) and John S. Chen (Sybase).

Disney Accelerator will also give access to stories, characters and resources from across The Walt Disney Company (The Walt Disney Studios, Disney Animation, Pixar, Marvel, Lucasfilm, ESPN, ABC, Walt Disney Parks and Resorts, Disney Consumer Products, and Disney Interactive.)

There will be dedicated Disney Accelerator working space (based in LA) and an Investor Demo Day in September, where “each team will present their company and product to entertainment leaders and investors.”

Deadline for applications is April 16 - and already there is a schedule to begin on June 30.

Full details are on disneyaccelerator.com