The Happiest (Work) Place on Earth: How Disney and Techstars are Helping Entrepreneurs' Dreams Come True Disney Accelerator might be the fairy godmother that some aspiring entrepreneurs need.

It isn't just the 5-and-younger set who have Disney in their dreams. In 2014, Boulder, Colo.-based startup accelerator Techstars partnered with The Walt Disney Company to create the first Disney Accelerator. The second year of the 13-week Los Angeles-based incubator kicks off this month.

For aspiring entrepreneurs with visions of media and entertainment success, the program offers a modern-day fairy tale: $120,000 per team, mentorship and a demo day in October with potential investors, all so founders can create companies centered on products and services as diverse as connected toys, mobile games and virtual reality systems. Program participants have included Codarica, which teaches kids to write code, and content marketer Sidelines.

Techstars managing director Cody Simms shed some light on what might be the happiest accelerator on Earth.