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The Walt Disney Company has finally selected the 11 startup companies that will participate in the first Disney Accelerator, a special mentorship and investment program. The program consists of a fifteen-week immersive program which gives companies access to mentorship from top Disney executives, up to $120,000 in investment capital to develop their companies as well as special access to resources from across The Walt Disney Company.

The selected companies represent a diverse cross-section of technology-driven media and entertainment from many different geographies. Some are focused on play, a few of marketing, and a few just want to make your life easier.

“With Disney Accelerator we are now bringing the creativity and imagination of Disney to early stage startups in a way we have never done before,” said Kevin A. Mayer, executive vice president, Corporate Strategy and Business Development, The Walt Disney Company. “We are thrilled by the response we’ve received and the high caliber of applicants to the program and we look forward to sharing our knowledge with this excellent group of creative entrepreneurs and really making a difference with these start-up companies.”

To kick off the program, participating companies will meet with various mentors including Chairman and CEO Robert A. Iger, and leaders from Pixar, Marvel, Lucasfilm, ABC, ESPN and Walt Disney Imagineering, as well as other entertainment industry leaders, investors, and Techstars’ extensive network of technology mentors.

Selected companies will develop mentorship relationships based on expertise, interest and background. Participating companies will meet with mentors regularly and work together to build and expand business plans, product launches, marketing campaigns, and formulate long-term strategies. The program culminates with a Demo Day in October, where each team will present their company to industry leaders, Disney executives, and the entrepreneurial community.

The list of 11 companies selected to participate in the Disney Accelerator program are below the jump:

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When I was a kid I had a Disney branded record player and I thought I was the king of my block. Today’s kids can have their own Mickey Mouse or Princess themed mini-laptop (aka, Netbook) and rule the world. I’m just a little jealous.

Disney Consumer Products division has partnered with Asus, which makes the popular Eee PC netbook, to develop the Disney Netpal. The goal was to create something thats fun, web-safe, and easy to use. It should be available as soon as July for around $350.

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Press release and more photos below the cut: