SBDC Incubator Accelerator For Startup Founder in Pennsylvania
SBDC Incubator Accelerator For Startup Founder in Pennsylvania
If you’re looking for a Small Business Development Center (SBDC) incubator accelerator for startup founder in Pennsylvania, you’ve come to the right place. Penn State has five SBDC centers and 49 outreach locations across the state. Many of them are affiliated with the SBDC, which provides entrepreneurial services and educational business programs. Once you’ve found the right one, you can sign up for a free program or attend a workshop.
The following programs are all managed by the Penn State SBDC. Each of these programs focuses on a specific type of startup or business. These programs are designed to help entrepreneurs and local entrepreneurs start and grow their companies. They may also offer access to capital and business resources.
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IF Lab
The IF Lab is a pilot incubator in Philadelphia that serves as an accelerator for startup founders in Philadelphia. The incubator provides free office space, mentoring, and access to equipment. The program also offers access to a network of investors. The incubator’s goal is to help entrepreneurs commercialize their innovations. It will assist the founders with finding funding, partners, and setting up operations. It also provides access to resources for entrepreneurs who are passionate about using technology to make a difference.
IF Lab offers two programs. The first focuses on developing early-stage businesses and is specifically geared towards minority and low-income entrepreneurs. Founders are given access to technical assistance, business consulting, and technology assistance, and access to working space at the Venture Acceleration Center. The second program is focused on building retail pharmacies. This program also provides access to capital up to $25K and mentorship.
Philadelphia Fashion Incubator
The Philadelphia Fashion Incubator is a business incubator that supports independent designers and entrepreneurs. This incubator’s program connects founders with industry leaders and corporate partners, providing mentorship and guidance.
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PSL Accelerator
The Philadelphia Startup League (PSL) is an organization made up of thousands of local entrepreneurs who work together to foster an entrepreneurial ecosystem in Philadelphia. PSL operates an incubator accelerator for startup founders, bringing together these companies and the people who run them to create a new business idea.
PSL also hosts a three-month accelerator program for fashion startups called Philly Startup Leaders. As the name suggests, this program is designed to expose early-stage startups to business coaching, financing, and support systems. It also has a dedicated mentor who provides a wide variety of resources for startups.
Incubator programs are not the only ways to get started in Pennsylvania. The PSL Accelerator partnered with the Pennsylvania State University to launch an incubator program in 2017. The PSL Accelerator is an SBDC incubator accelerator for startup founder in Pennsylvania. The program offers a free workspace, mentorship, and workshops for startups. It has offices in Center City and University City. The company’s website claims it has more than 800 startups under its incubator program, with more than 1,000 mentors on its internal platform.
Another SBDC incubator for startup founders in Pennsylvania is the EO Philadelphia Accelerator. EO Philadelphia assists founders with financial assistance, educational content, and counseling. The program also offers a space at the Venture Acceleration Center and networking opportunities. While PSL Accelerator isn’t as well-known as some of the other incubators in Pennsylvania, it has the same benefits.
Erie Technology Incubator
Nurturing start-ups has always been a key part of entrepreneurial success, but finding the right level of support can be challenging. Erie Technology Incubator offers a unique combination of 1:1 coaching, strategic guidance, and dedicated mentor teams. Its goal is to provide the right level of support to accelerate early-stage technology-enabled companies through their various phases.
The incubator works with startups that address local challenges. In Erie, for instance, Arlene is a company that helps companies engage customers and employees in immersive virtual reality environments. Glass simplifies the embedded engineering process. Leverage4Data is a web-based application for small manufacturing companies. M3 Unmanned Systems combines machine learning, IoT, and cloud computing for agriculture.
The program offers education programs, free advisory services, and a space for brainstorming. It can also help a startup develop its business concept. It will also educate students about intellectual property rights, and the different types of start-up capital available. The Erie Technology Incubator is one of many resources in the region for aspiring entrepreneurs. This incubator accelerator for startup founders in Pennsylvania offers its graduates a unique opportunity to grow their business.
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Backstage Capital
In the spring of 2019, the Silicon Valley-based startup accelerator Backstage Capital opened a new office in Philadelphia, joining Los Angeles and London. The Philadelphia program provides $100,000 in equity stakes to six startups, as well as workspaces, mentorship, programming, and corporate partners.
During this program, participants gain practical skills that help them start marketing their company and generate leads. For instance, Google Ads can be used to define a customer persona, which is essential to crafting the right messaging. In addition, participants gain insight into Keyword Volume Analysis, which can forecast sales. Additionally, attendees have the opportunity to share lessons learned and best practices from their own startups.
The program has attracted the support of major investors, including Ben Franklin Technology Partners, the region’s largest tech investor. The program is also backed by the U.S. Department of Commerce’s Economic Development Administration. The Ben Franklin Technology Partners fund has partnered with several companies to increase their chances of success. This includes EPAM Systems inc., a software company that makes patient handoffs more accurate and efficient.
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