The Pennovation Accelerator invites a cohort of local startups to engage in a six-week program to develop their business strategy and cultivate their network.
Donor Name: The University of Pennsylvania
State: Pennsylvania
City: Philadelphia
Type of Grant: Accelerator
Deadline: 05/13/2022
Details:
Cohort companies will participate in weekly educational sessions presented by subject matter experts. Each company is paired with an experienced mentor to advise them on their journey. In addition, curated networking opportunities help the companies make connections into the larger Philadelphia entrepreneurial community.
The Pennovation Accelerator concludes with Pitch Day, where companies pitch to mentors, investors, and peers.
Benefits
- Each company is paired with an individual mentor
- 3 months free CoWorker membership at the Pennovation Center*
- Six weeks of training from subject matter experts
- Curated weekly networking opportunities
- Complimentary Amazon Web Services (AWS) credit package
- Opportunity to pitch to investors at final Pitch Day
* After completing full 6-week program
One company will have the chance to win
- 6 months of Pennovation Center Resident Desk membership (for up to 4 team members)*
- Accounting Startup Package, Sponsored by Stephano Slack
- Promotion at the PCI Ventures @ Pennovation Showcase poster session
- Marketing through Pennovation promotional channels
- $5,000 cash prize
* After completing full 6-week program
The Pennovation Accelerator will cover the following list of topics
- Branding & Storytelling
- Market Assessment
- Business Model
- Team
- The Ask
- Pitch Prep
Ideal applicants meet the following criteria
- Stage: post-MVP/Proof of Concept –> revenue less than $500K
- Capital Raised: $0 –> less than $1M
- Industries include (but are not limited to):
- Consumer Products
- Food Tech & AgriTech
- Health Tech / Med Device
- Robotics
- Smart Cities & IOT
For more information, visit The University of Pennsylvania.
