The University City Science Center announced that it partnered with area entrepreneurs and their ventures to start a new accelerator program that will start taking applications this fall.
The accelerator, dubbed Launch Lane, will focus on helping tech-enabled startups grow. After applications close, the cohort will begin work in early 2020 and continue throughout the year, Science Center Marketing Director Kristen Fitch 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 EVP of Wilco Electronic Systems, in a statement. “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.”
Corbin is joined in advising accelerator participants by 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, which has invested about $900,000 into its cohorts since its 2015 launch.
The accelerator will accept between six and 12 companies, Fitch 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.