UGA Idea Accelerator Program
Now accepting applications for spring 2018!
The UGA Idea Accelerator Program, sponsored by UGA’s Entrepreneurship Program and Four Athens, takes place twice a year in the fall and spring semesters. This 8-week "business boot camp" prepares students for the next step in their business development.
- Applications due Thursday, February 1, 2018
- Program kicks off Monday, February 5, 2018
Students who are ready to start or expand their business are encouraged to apply to the UGA Idea Accelerator Program. The program provides students with a board of experienced, successful entrepreneurs, advisers, and investors that help student entrepreneurs grow revenues and profits, stay focused on the right strategic issue, and develop key contacts.
Participants receive honest, unfiltered advice and feedback, help with critical business decisions, and lasting results for their business. Students are held accountable to key performance indicators and receive real-world experiences from seasoned mentors and investors. The accepted companies will form a cohort to test ideas, discover their customers, develop their model, and compete for a final award of $5,000.
Teams will meet twice a week for an hour and a half over the course of 8 weeks. Students will be challenged and held accountable for developing their business throughout the entirety of the UGA Idea Accelerator Program.
The program is broken down in to 3 rounds with teams competing to move on to the next level.
- Weeks 1 - 4: Customer Discovery Process
- Weeks 5 - 6: Financial Literacy
- Weeks 7 - 8: Investor Readiness
Those who make it to the final round of the program will be given the opportunity to pitch their business plan to a panel of judges for a $5,000 award.