SBA Presentation on $2.5 Million Growth Accelerator Fund Contest at Howard University

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Jul 08, 2014, 03:15 ET

WASHINGTON, July 8, 2014 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration will present on its recently announced new initiative to award $2.5 million in funding to Business Accelerators throughout the United States and advise attendees of how accelerators and other entrepreneurial ecosystem models can compete for monetary prizes of $50,000 each at Howard University in Washington, D.C. tomorrow. There will also be remarks from the local Small Business Development Center and the Dean of the Howard University School of Business, Barron Harvey, Ph.D.

Several accelerators will give demo style pitch presentations and attendees will also have the opportunity to interact with an SBA representative about the Accelerator Fund Contest and network with fellow Accelerators and new enterprises which could be fundamental to their businesses.

To award the prizes for the Accelerator Fund Contest, an expert panel of judges will consider each applicant's stated mission, founding team members and business goals among other core components. The deadline for applying is August 2, 2014.

All accelerators and incubators are encouraged to apply. Accelerators which are run by and support women or other underrepresented groups or are focused on manufacturing will receive some extra consideration.

For the purposes of this competition, Growth Accelerators include accelerators, incubators, co-working startup communities, shared tinker-spaces or other models to accomplish similar goals.

*Event is open to press. Members of the media RSVP to Tiffani S. Clements at [email protected] is required.

WHAT: SBA Presentation on $2.5 Million Growth Accelerator Fund Contest

WHO: Kim Peyser, Special Advisor to the Associate Administrator for the SBA's Office of
Investment and Innovation

WHEN: July 9, 2014 │Wednesday 6:00pm –8:30 p.m. EDT.

WHERE: Howard University, School of Business Auditorium (Room 235)
2600 Sixth St. NW, Washington, DC 20059

*NOTE: Principals and Operators of DC Incubators/Accelerators should attend. Admission is free. RSVP to reserve your space.

Contact: Tiffani S. Clements (202) 401-0035

Advisory Number: MA 14-21
Internet Address: http://www.sba.gov/news
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