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Business Accelerator: At a Glance

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The Business Accelerator Program was launched in December 2001 with the goal of encouraging economic development, building a diversified business base, and increasing family-sustaining job opportunities in northeastern Pennsylvania.

MISSION

To provide an entrepreneurial environment that supports business start-ups, encourages innovation and enhances the economic vitality of the region.

GOALS

  1. Grow new companies
  2. Develop entrepreneurs
  3. Cultivate business networking opportunities
  4. Create life-sustaining jobs
  5. Encourage capital investment
  • The Business Accelerator Program provides comprehensive services designed to help facilitate entrepreneurship and small business development. The program provides a network of managerial and technical support, affordable office space, and an entrepreneurial environment that encourages innovation and minimizes risks.
  • The businesses selected to participate in the Program should have a connection to the university and its academic mission.
  • Wet-labs are available to biotechnology, advanced chemistry and other appropriate technology companies. Business offices are available for start-up companies.
  • Businesses typically participate in the Business Accelerator Program for 3-5 years at which time assistance is provided to locate graduation sites.
  • The Business Accelerator is a "temporary home" that provides resources and assistance to early stage companies during their critical development periods.

Contact: Carter McClure, Manager, (570) 422-7953