Posted: Monday, March 24, 2014 7:29 pm
The Batten Institute for Entrepreneurship at the University of Virginia’s Darden Graduate School of Business Administration has accepted 26 ventures into the 2014 W.
In a Monday announcement, UVa said the cohort is the largest in the 14-year history of the incubator program. The ventures — which represent medicine, technology and social entrepreneurship — were chosen from 47 applications.
A 10-week summer accelerator program is followed by a one-year residency, during which participants develop and refine their business ideas. Participating ventures also receive a $5,000 grant, office space, mentoring support and networking opportunities with local entrepreneurs and investors.
In addition, a final startup spot in the program will be offered to the winner of a crowd-funded pitch night on April 9 at the Tom Tom Founders Festival. At the pitch night event, contestants will have three minutes to sell their business ideas to the crowd, which will then vote on a winner.
The iLab is a university-wide initiative. More information is available at ilabatuva.org.
Posted in News, Local, Uva, Business on Monday, March 24, 2014 7:29 pm.