Idea Testlab
Have a business idea? Figure out how to turn it into a viable business!
The first step to take your idea from concept to business is figuring out if you have identified a problem worth solving.
This 6-week customer discovery investigation is designed to help you:
1. better understand your customer and the problem you’re trying to solve
2. determine where your potential customers hang out
3. identify the value of your product compared to what’s already on the market
4. and compete for $1000 in prize money and several $4000 grants (grants are only for businesses that are or will be located in Berks County, PA)
Participants will learn how to develop a business model, validate their business model through a scientific process and work one-on-one with experienced entrepreneurs who serve as mentors. Final night pitch competition will award cash prizes.
This is a competitive accelerator for early-stage scalable business ideas. Idea TestLab is free to participants and takes no equity. Application is open to all early-stage, PA-based entrepreneurs – no affiliation with Penn State is required for participation, but you must have less than $500k in revenue .
Class Format:
- 3 learning sessions, a pitch practice night, and a final pitch night
- 1:1 weekly coaching sessions
- You can expect 10 hours of additional work per week – moving your startup forward
- Teams will meet from 6-8PM on the following dates:
- Wednesday, Oct 2, 9, 16, 23, 2024 (all October dates virtual)
- Wednesday, Oct 30, 2024 (practice pitch – virtual)
- Monday, Nov 4, 2024 5:00-9:00 pm Final pitch, in-person, Malvern, PA
Application Process:
- Applications open – Now!
- Applications close: Sept 10, 2024 at midnight!
- Teams selected & notified by: Sept 20, 2024
* Not sure if you should apply? Reach out to Michelle Hnath to chat about it!
Fall Idea Testlab is a free class hosted by the Berks and Brandywine LaunchBoxes.
Sponsored by:
