The University City Science Center announced that it partnered with area entrepreneurs and their ventures to start a new accelerator program, which will start taking applications this fall.
The accelerator, dubbed Launch Lane, will focus on promising tech-enabled startups and helping them grow. After applications close this fall, the cohort will begin work in early 2020, and continue throughout the year, the Center said.
Accelerator partners include the consulting firm BCK Group, professional development group Mogulette and business consultant Thom Webster. The project is supported by the Ewing Marion Kauffman Foundation.
“We are at a tipping point in the U.S. of building inclusive cities that are supportive of underestimated founders and tech entrepreneurs,” said Brigitte Daniel, founder of Mogulette and executive vice president of Wilco Electronic Systems.
“The University City Science Center is uniquely positioned to bridge and grow Philadelphia’s tech sectors. Launch Lane will embolden founders who not only build great companies, products and services but expand the global economy,” she added.
Corbin is joined in advising accelerator participants along with Webster and BCK Group leaders Liz Brown, Nestor Canales and Allen King. The project is building on the success of the Science Center’s Digital Health Accelerator. The Center said about $900,000 has been invested into the cohorts since its launch.
Those interested in applying to the Launch Lane accelerator can do so this fall, with the programing set to begin at the start of 2020. The Center will be accepting anywhere between six and 12 companies, a Science Center spokesperson said.
The leadership team behind Launch Lane will be sharing more information about the new accelerator,
answer questions and get feedback on the program on Thursday, Sept. 12 at 6 p.m. during the weekly Venture Café series.
