Washington, DC, August 22nd 2023: Applications are now being accepted for the Lab for Entrepreneurship and Transformative Leadership (The Lab). The Lab will host its fourth Equity Incubator at The Universities at Shady Grove (USG). Don’t wait! Applications are open and available until August 31st. The program begins September 20th and includes an exciting “Shark Tank” style competition. This 8-week program is the region’s most prominent Minority Entrepreneurship Incubator and is facilitated by expert instructors from University Startups. Throughout the program, local entrepreneurs and small business owners participate in workshops, research, experiments, and mentoring to develop their business ideas. The course curriculum includes three tracks - Concept, Scale, and Accelerator - for entrepreneurs at any stage.
This Incubator is open to students, alumni, faculty, staff, and community members and is free to apply! Applicants will receive 1-1 mentorship with experienced entrepreneurs in various fields. If you are interested in participating, applications close on the 31st of August and can be found here.
Last spring, teams presented to an esteemed panel of judges. During the pitch competition the judges gave feedback, asked questions, and scored each team on their business concept, traction, and presentation. The $10,000, first-place prize was awarded to La Magnoliah. Inspired by her son, Coumba Graves realized her passion for creating quality garments using chemical-free and breathable fabrics, like Pima cotton, to promote healthy and ethically made children’s clothing. That was the start of her venture as La Magnoliah, read more about the competition here.
About the Equity Incubator:
The Equity Incubator and other programs of the Entrepreneurship Lab are made possible in part through grant funding from the Montgomery County Economic Development Corporation, WorkSource Montgomery, the David and Mikel Blair Family Foundation, and other supporters. More information about the lab and its various programs can be found on the USG website.
To view a photo gallery of the event, click here.
About University Startups: Founded in 2020, University Startups is committed to creating opportunities for students and lifelong learners to expand their worlds beyond a traditional curriculum. The organization empowers students by fostering an entrepreneurial mindset, which helps students to think creatively and find ways to translate their passions into real-world experiences. Whether students want to start a business, attend college, or find a job, University Startups uses proprietary instructional courses and groundbreaking technologies to get them there. Expert instructors from top-tier universities design all classes. www.university-startups.com