Business Accelerator

The Business Accelerator Program at East Stroudsburg University was launched in December 2001 to revitalize the surrounding Pennsylvania area.

Not just supporting US based companies, the Business Accelerator Program is open to the international start up community, looking to help passionate entrepreneurs take their nascent stage ventures through a build, learn, repeat model to prepare them for external funding. Ventures benefit from full access to East Stroudsburg University’s expansive network of technology and human resources.

Highlights of the Business Accelerator program include space, mentorship, business development support and a tight-knit community of like-minded entrepreneurs.

The Business Accelerator at ESU is an intense program focused on mentorship and resources that help early stage entrepreneurs scale their ventures. Participation in the program guarantees exclusive office space, access to funding opportunities, a network of mentors and advisers and a chance to take innovative ventures to the world stage.

Businesses eligible in the ESU Business Accelerator must be early stage companies

• Organizational Stage (Start Up) – Company is producing no revenue and is less than 12 months old
• Early Stage - Company may have pre-revenue and has been in operation for 3 years or less. Companies in research and development mode may be more than 3 years old.
• Established “Spin-Off” Company – Revenue producing and established for more than 3 years. To be eligible in this category the business must be pivoting in a distinctly different direction.

Typically, Business Accelerator companies are represented within the following targeted Industries (NAICs) and demonstrate the ability to develop Intellectual Property (the development of technology) and/or proprietary development – (not just the use of technology).

1. Advanced Materials/Diversified Manufacturing (AM/DM)
   Not Allowable: crop production, coal mining, printing & publishing
2. Life Sciences
3. High Technology/Business Services
   Not Allowable: media buying, agencies & brokers and insurance related activities, pension funds, financial investments, monetary authorities, employment services, banking

Amenities

• 24/7 Secure Access
• Conference and Meeting Rooms
• Audio/Visual Equipment
• Technology including computer labs with Microsoft and Adobe suites
• Mentorship from internal and external advisers
• Access to Student interns and Graduate assistants
• Training Workshops and Networking events
• A diverse cohort pool ideal for cross collaboration
• Access to funding resources across the Pennsylvania area

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