TechCelerator @ Altoona

As part of the Startup Alleghenies initiative, the BF TechCelerator@Altoona provides weekly business startup boot camps and one-on-one mentoring sessions that target emerging tech-entrepreneurs from the surrounding community. “Graduation” will include a pitch presentation to a panel of local professionals and potential investors.

When:

January 23, 2018 – March 13, 2018 (8-Week Session)

Where:

The Ben Franklin Board Room

Catalyst Space

1331 12th Avenue

Altoona, PA 16601

Time:

The Class is 10:00 AM – Noon beginning Tuesday, January 23, 2017 followed by two one-on-one sessions.

Week 1 (Jan 23, 2018)

Content/Coverage:

  • Introduction and Course Orientation
  • What is the Technology Idea?   Intro to “2-minute Stand-up”
  • Customer Discovery & Development
  • The Business Model Canvas Overview

Week 2 (Jan 30)

Content/Coverage:

  • 2-minute Stand-up, version 1
  • Customer Discovery: Interviewing
  • Cost Structure: Estimating Operational Costs; Estimated Start-up Costs
  • Value Prop Canvas

Week 3 (Feb 6)  

Content/Coverage:

  • 4-minute Stand-up & Power Point
  • Customer Segments, Channels, Customer Relationships –

Week 4 (Feb 13)

  • 10-Minute Power Point Presentation “Lessons Learned” – Summary of Customer Discovery efforts

Week 5 (Feb 20)

Content/Coverage:

  • 5 Minute IGNITE! (15 Sec/slide) Presentation
  • Partners

Week 6 (Feb 27)

  • Revenue Streams
  • Profitability
    • Basic Accounting/Banking needs/expectations
    • Balance Sheets, Income Statements, Cash Flow
    • Projected P & L Statements

Week 7 (Mar 5)

Content/Coverage:

  • Key Resources
  • Cost Structure
  • Funding Options

Week 8 (Mar 13)

FINALE

Prize TBD– Presentations to the Panel, Peers, Ecosystem

  • 6-minute “Stand-up” with Power Point
    • Overview/Business Summary
    • The Customer Problem
    • The Value Proposition (your product/service)
    • Opportunity & Market (Customer Segment, Channels, Financials)
    • Competition
    • Technology/IP
    • The Team
    • Current Status/Next Steps
    • Summary
  • Is your business in the concept or pre-revenue stage?
  • Is there a technology component to your business idea?
  • Can you attend an eight/ten-week program, once a week?
  • Are you planning to commercialize your business concept?