Montgomery County Community College extends application deadline for Accelerator Fund competition

By

Greg Star, founding partner of Carvertise, delivers his pitch for funding at the 2018 Karen A. Stout Start-up Accelerator Fund Competition. Carvertise was one of the five companies that received funding during last year's competition. (Submitted Photo)

Aspiring and new entrepreneurs have a little bit of extra time to prepare their application materials for Montgomery County Community College’s 2019 Karen A. Stout Start-Up Accelerator Fund competition.

The competition, now in its fourth year, awards capital to fledgling businesses — capital the businesses need to get to the next level of their business development. The fund was established in the name of MCCC President Emeritus Karen A. Stout, and provides grants ranging from $1,000 to $25,000 to help selected entrepreneurs launch or grow their ventures, writes Donna Rovins in The Times Herald.

[uam_ad id=”54865″]

 


Entrepreneurs must submit their business plans  by March 15. Selected participants will have the opportunity to “pitch” their businesses to a review panel in April — where they will outline their businesses and the reasons why they should receive a portion of the available funding.

Military veterans, participants from the College’s Women-Owned Business Network and Certificate in Entrepreneurship program, and student, female and minority entrepreneurs are encouraged to apply.

Plans submitted for funding consideration should be located in or have the ability to impact Montgomery County of the surrounding Philadelphia region, according to the college’s Accelerator website.

To date, more than $100,000 in funding has been awarded to 14 businesses through the Accelerator fund. In 2018, six finalists made their pitches to a review panel. Five of those businesses each received $5,000: Carvertise of Wilmington, Del.; Eoko Inc., of Plymouth Meeting; Mighty Writers of Philadelphia; SmarTECHS LLC of Conshohocken; and Trisonus of Philadelphia.

The college held a kickoff in October for this latest round of competition. That event featured Richard Thompson, founder and former CEO of American Italian Pasta Co., The Meow Mix Co. and Freshpet.

To read the complete story click here.

[uam_ad id=”54875″]

Stay Connected, Stay Informed

Subscribe for great stories in your community!

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
Advertisement