2020-2021 Georgetown Entrepreneurship Annual Report

Page 17

GEORGETOWN STARTUP ACCELERATOR Georgetown Startup Accelerator (GSA) is a virtual nine-week program that brings together Georgetown alumni entrepreneurs in early-stage startups with experienced mentors, peers, and experts to accelerate their business progress. Participating members and companies: 1) work with experienced mentors; 2) set growth metrics; 3) attend weekly workshops; 4) learn alongside alumni peer entrepreneurs; and 5) showcase the company to the Georgetown community. GSA allowed my co-founder and I to stress-test our “ The business model, refining our thesis and growing from

200

an idea to a company with clients during the span of the program. Meeting other founders and working with the GSA team proved invaluable to our growth.”

DEMO DAY ATTENDEES

— Mel Levey (MBA’17), co-founder, Joint Homes

Around 200 people attend from the Georgetown community, such as friends, family, students, investors, and partners of GSA.

only did my co-founder and I gain valuable and “ Not actionable insights from the workshops and programming, but the GSA also did an excellent job of pairing us with our mentor, an industry expert who opened doors and made an immediate impact on our strategy.” — Russell Bar (MBA’20), CEO, Hi-RX

EXAMPLES OF WEEKLY ACTIVITIES / WORKSHOPS Each weekly workshop is hosted by an expert from the Georgetown network of mentors, alumni, and faculty. Programming focuses on critical areas to building a business, such as:

My business will absolutely grow directly as a result of the connections the GSA made for me. I have gained advisors I would never have had access to otherwise, we likely will land a big-chain retailer, and I likely secured investment for my business.”

• Baselining and goal setting • Product-market fit and customer feedback • Leading and building successful teams • Sales and generating demand • The business of running a business • Fundraising and investing

— Victoria Pratt (SFS’11), founder, Pratt Standard

SPONSORS

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