Entrepreneurs in Food & Beverage TechCelerator can win up to $30,000

Food and beverage entrepreneurs and start-up companies have the chance to win up to $30,000 in Ben Franklin Technology Partners’ first Food & Beverage TechCelerator.

The TechCelerator is open to those in Ben Franklin’s 32-county Pennsylvania footprint who are “developing scalable, innovative and technology-focused products/services in the food and beverage industry,” a release explained.

Ben Franklin Technology Partners’ Julie Bratton said there have been previous TechCelerators but this is the first time the concept is targeted to a specific industry.

The 10-week virtual business boot camp provides an opportunity for enrollees to build and de-risk their business model, culminating in a pitch competition with a chance to win up to 30 grand.

More specifically, Food & Beverage TechCelerator participants explore the likelihood of success and learn to minimize risks; take part in one-on-one mentoring with business coaches from Ben Franklin and college Small Business Development Centers; expand their network and engage with other entrepreneurs; and create an investor pitch to present to a panel of local judges.

The weekly Zoom classes are Tuesdays, starting Jan. 10, 2023, and running through March 14, 2023. One-hour online mentoring/coaching sessions will also be provided each week. Deadline to apply is Dec. 2.

Paula Wolf is a freelance writer