Commercialize Advanced Technology
The PROPELS Accelerator program offers an unparalleled opportunity to commercialize advanced technology developed at NSWC Crane, the third-largest naval installation in the world. Imagine – a world-class scientist presents you with a tested, patented, and valuable piece of intellectual property. You begin with a dynamic tech expo followed by an intense sprint week, collaborating with other participants to develop a clear commercialization path. Supported by experts in defense and entrepreneurship, you’ll navigate the process of turning groundbreaking technology into a viable product or business.
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Here's what to expect
Tech Expo and Sprint Week
- Tech Expo: Kick off the program by exploring cutting-edge technologies and networking with innovators.
- Sprint Week: Join as an individual or form a team to work on chosen IP. By the end of the week, each team will outline a clear path towards the commercial viability of their selected technology.
Accelerator Program (8 Weeks)
Upon completing the sprint week, you have the opportunity to join the comprehensive accelerator program, which includes:
- Business Formation: Guidance on establishing your business structure.
- Market Viability: Assessing and validating the market potential of your product.
- Pitch Deck Design and Preparation: Crafting compelling pitch decks for potential investors.
- Mentorship and Investment: Connecting with seasoned mentors and investors to support your journey.
- Showcase: Present your solutions to a panel of experts for feedback and guidance around next steps for your venture.
Throughout the accelerator, you will receive personalized support and resources to refine your business model and strategies.
No prior experience contracting with the Navy or the Department of Defense? No problem! PROPELS will guide you through the process and help you connect to the defense and entrepreneurial ecosystems.
Seize the opportunity, turn innovative IP into a market-ready product, and launch your successful venture with PROPELS!
