with education, mentorship, and resources.
TechCelerator @ Luzerne County is a ten (10) week program offering weekly educational workshops and one-on-one mentoring sessions to early-stage entrepreneurs, covering topics such as successful business models, customer development, value propositions, basic financials (balance sheet, income statement, cash flow), estimating operating and startup costs, funding options, and basic legal (business structure and ownership), and offering extended goal planning for after the program has ended. Throughout the course of the program, participants will develop a completed business plan and pitch it to a panel of business experts at a closing graduation ceremony. That pitch showcase offers an opportunity for a participant to win prize money up to $2500.
Any participant who successfully completes the program will receive benefits provided by the presenting partners following their graduation, including but not limited to:
The program will be structured in one (1) cohort consisting of 8 early-stage Luzerne County business participants. Early-stage businesses are defined as businesses that are either pre-incorporation or pre-revenue generation. Each business will be allowed a maximum of two (2) participants in the program with a maximum of sixteen (16) participating entrepreneurs in each cohort. The first cohort will take place from January-April 2025. Program participants must commit to a minimum of five (5) hours of program participation per week for a minimum of 9 out of 10 sessions.
Classes are held weekly in-person during evening hours and will cycle throughout Luzerne County locations – spanning from Wilkes Barre to Hazleton. Each class session will last for three hours and include classroom work and guest lectures. Cohort members will also be required to meet with a designated mentor for one session per week in addition to class and homework requirements. Mentor sessions can be virtual.
November 15th - December 15th
Applications open for submissions
December 16th - 19th
Review committee finalizes selection of participants
December 20th
Notify teams of selection status
Week of January 6th
Launch Party/networking event
Week of January 20th
Cohort 1 begins
Week of March 24th
Cohort 1 ends
Wednesday, April 2nd
Pitch Competition
May 1st
Follow up mentorship, goal execution, and business launch begins