Tech Runway, Florida Atlantic University’s new entrepreneurship program, is getting ready to launch its second accelerator class. Tech Runway will choose five South Florida startups; the application period is Jan 1-31 on techrunway.fau.edu.
The program is housed in a 27,000-square-foot collaborative workspace in Boca Raton (pictured above and below) designed for housing, educating, mentoring and funding startup companies from inception through venture funding. Selected startups, who do not have to have FAU ties, receive office space for a year, a 16-week accelerator boot camp, a team of mentors and a seed grant of $25,000. Tech Runway, supported by a $1 million state grant and $3 million from FAU, is led by CEO Kimberly Gramm, director of the Adams Center for Entrepreneurship at FAU.
“We have tremendous assets in our region — successful entrepreneurs who are sharing their significant wisdom with startups and giving back to the community and students,” Gramm said when Tech Runway was launched. “We are integrating the entrepreneurial world with the university world … to help create not only successful startups but a knowledge-based workforce.”
Posted Dec. 20, 2014; photos from Tech Runway