For the sixth time, the TechCelerator @ State College is inviting area entrepreneurs, graduate students and researchers to sweat it out at their upcoming 10-Week Boot Camp. The participanting tech-based startups will come away with a list of best practices, lessons learned and a valuable toolbox to help them start their businesses.
The program has already launched more than 20 companies and “past participants have already raised more than $2.45 million in startup funding and generated over $1.3 million in revenue,” says Donald McCandless, director of business development for Ben Franklin's Transformation Business Services Network. “Anything we can do to help facilitate this kind of trajectory is great for everyone involved.”
The free 10-week program runs for two hours per week, on ten successive Tuesdays, September 30 through December 9. Participants can receive up to $1,000 toward legal and accounting startup costs and will have the chance to pitch their business ideas to a panel of entrepreneurs at the completion of the course.
The top presenter will receive $10,000 to help get their company off the ground. Business mentoring from the Transformation Business Services Network and Penn State’s Small Business Development Center staff will be available at no cost.
The deadline for applications is Friday, September 19. Contact McCandless for more information.
Source: Donald McCandless, Ben Franklin Transformation Services
Writer: Elise Vider