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. 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.

APPLICATIONS ARE NOW OPEN – APPLY TODAY!

Schedule:

• Applications Open: April 10th
• Application Deadline: Friday, May 10th at 5pm
• Decision Notifications: by May 22nd
• Program: June 12th – July 26th; with week of July 4th off
• Pitch Day: July 24th

*Please note that there will be no programming on June 19th in observance of Juneteenth. 

Structure:
Monday: 
Morning Coffee Chat (virtual)

Wednesday: 
Afternoon Session with Subject Matter Expert (in-person)
Pitch Practice
Curated Networking Opportunity

Weekly: 
Mentor Meetups (virtual or in-person)

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 & AgTech
  • Health Tech / Med Device
  • Robotics
  • Smart Cities & IOT

Benefits:

• Each company is paired with an individual mentor
• 3 months free Co-Worker 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

Prize:

One company will have the chance to win:

• 6 months of Pennovation Center Resident Desk membership (for up to 4 team members)*
• Promotion at the PCI Ventures @ Pennovation Showcase poster session
• Marketing through Pennovation promotional channels

*After completing full 6-week program