Community Startup Accelerator

Power Up's Community Startup Accelerator aims to provide entrepreneurs with quality business training, coaching support and technical assistance to build sustainable and scalable businesses. New businesses will be given step-by-step processes and tools to lay a strong foundation to develop their business. Technical assistance, coaching, mentoring and access to additional resources will be provided to help businesses set and achieve their business goals.

Who Should Apply

This program is intended for home-based and side businesses interested in finding the right business model and building a solid foundation for their businesses to thrive. Minority or immigrant entrepreneurs who meet the following criteria are particularly encouraged to apply: 

  • If the business is up and running
  • Has products/services and making sales
  • Needs a growth plan/scaling strategy
  • Needs professional help setting up the foundational infrastructure
    • This includes setting up proper tax structure, entity selection and incorporation, setting up an accounting system, developing a human resources policy and processes, creating a marketing strategy, setting up business operations and processes
  • Needs help with credit building and access to finance
  • Needs access to networks, mentoring and coaching
  • Business is in Philadelphia

Benefits of Partcipating

  • Business Coach: Each entrepreneur is paired with a business coach to guide you throughout the training
  • Professional Service: Access to legal, accounting, HR, branding and marketing professionals to make sure your business is established correctly and has the right processes and technology to optimize operations for scaling and profitability
  • Access to Funders: Relationships that you will need for long-term growth
  • Resources: Access additional business development workshops and resources from partner organizations

Course Schedule

These courses target the unique specific needs of startup businesses to foster stability, organization and growth as you embark on the challenges of running a new business. Small business experts will lead a deep dive into your business structure and build a solid foundation for business growth. Each cohort, offered to small businesses for free, comprises of twelve weeks of three-hour workshops designed to help set the foundation for a successful business.

Business Assessment and Vision Statement Formulation

TBD

Market Research – Determining Key Customer Segments

TBD

Building Company Business Model (Business Model Canvas)

TBD

Crafting Company Value Proposition and Positioning

TBD

Developing Business Financial Structure, I

TBD

Developing Business Financial Structure, II

TBD

Legal and & Risk Management

TBD

Marketing Your Business, I - Strategy

TBD

Building Teams and Leading the Organization

TBD

Business Processes and Operations - Value Chain

TBD

Review and Pitch Night

TBD

Graduation

TBD

 

Timeline

  • We will be accepting applications for the next cohort in May 2022, when we'll also post the new course schedule
  • This is a 12-week class that meets once a week for 3 hours.

How to Apply

To apply for the Business Accelerator Program, simply complete our online application.

Apply for the Community Startup Accelerator

Questions?

Thinking about enrolling but need additional information or assistance with registering?

Contact us with your questions here.