Æ»¹ûÒùÔº

TechAccel Program Fall 2024

Learn about the TechAccel Program!

The TechAccel Program is one of the Æ»¹ûÒùÔº Engine’s key co-curricular/experiential learning programs. It supports early-stage student ventures withÌýLean Startup Methodology training, 1:1 business mentorship, and funding. The program runs three times a year during the Fall, Winter, and Summer semesters, each cohort is about 18 weeks long.ÌýWe help student technological innovators make a positive impact on the world!

What's new?

  • Teams accepted into the TechAccel program will automatically remain inÌýthe TechAccel cohort(s) until the completion of their project/venture.Ìý
  • Eligibility expanded: Æ»¹ûÒùÔº studentÌýteams of 2-4, the lead applicant must be a Æ»¹ûÒùÔº student (undergraduate, graduate, or postdoc) enrolled full time. To be eligible for the funding,Ìýat least one team member must be enrolled in aÌýfaculty* that is STEM-related at Æ»¹ûÒùÔº.
  • Access to theÌýTechAccel projectÌýfunding:ÌýTechAccel teams need to submit their most up-to-date Startup Venture Information and the Budget Milestones, Stakeholder Analysis, and Gantt Chart to their assigned TechAccel mentor, and the funding request will be assessed and evaluatedÌýbased on their projectÌýprogress in terms ofÌýtheÌýproblem validation, market analysis, and stakeholder interviews.Ìý

*Students of Æ»¹ûÒùÔº School of Continuing Studies are eligible to receive mentorship through the TechAccel program but are not eligible for TechAccel funding.

How it works?

  1. Apply by the TechAccel Program application deadline, September 8, 2024, 11:59pm ET.Ìý
  2. Accepted teams will be notified via email by SeptemberÌý20, 2024
  3. Attend a kick-off meeting to meet the other teams in your cohort and get in touch with your team's assigned mentor on September 24Ìý(in person and virtual options will be provided)
  4. FollowÌýthe Lean Startup Methodology modules online via the Empowered Startup Platforms and advanceÌýyour team's project/venture with the help of your assigned mentor
  5. Attend monthly cohort check-in meetings
  6. Submit progress and final reports and complete mandatory surveys

Impact Since 2016

$224K+ in funding
granted

22% female participation rate
80% application
success rate

+15% innovation skills*
101 startup projects supported

+19% entrepreneurship skills*

* based on self-efficacy surveys from 2019 to Summer 2023

Program Key Benefits

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Æ»¹ûÒùÔº student participants receiveÌýCCR recognition*
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Increase your entrepreneurial and innovation skillsÌý

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1:1 coaching and mentorship from our TechAccel Mentors
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Networking opportunities and community events

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Potential project funding or a summer stipendÌý
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Develop your pitch and presentation skillsÌý

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* TechAccel isÌýan approved program.Ìý

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TechAccel Self Assessment Tool

Yes No
Have you searched your idea online? *
Search it online to see if it's already out there and come back for Q1!
Is it already commercialized by a company? *
Compared to the existing commercial solutions, is your idea/solution faster better cheaper? If not, you should come up with a new idea!
Have you spoken to stakeholders about the problem that your idea is trying to solve? *
Please identify the stakeholders and schedule interviews with them to further validate/invalidate your hypothesis!
How many interviews have you conducted? You can start your 1st iteration of the Lean Startup Canvas!
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