Accelerator
The StarTUp Accelerator is an eight-week, cohort-based fellowship where founders work collaboratively to accelerate ventures. The StarTUp Accelerator targets both TU-affiliated and non-affiliated founders seeking to grow their ventures and who have begun to introduce services or products into the market.
The Towson University StarTUp Accelerator is an intensive eight-week, cohort-based fellowship where ventures take residency and collaborate to accelerate their ventures.
- The accelerator targets venture creation, which are new business ideas that are innovative and disruptive with the potential to create new markets or transform an existing market.
- Founders who have begun to introduce their services or products into the market should apply.
- Accepted founders receive a $10,000 equity-free stipend as well as mentorship, founder-centric programming and exposure to successful ventures who are alumni of this model.
- Selected founders take up residency at the StarTUp at the Armory—TU’s state-of-the-art, award-winning entrepreneurship space in downtown Towson.
- Each cohort includes Mentor Fellows, past participants that are invited to participate second time to support the new cohort and to continue to build and sell.
Thank you to Baltimore County, MedStar Health and Nemphos Braue LLC for supporting the 2024 Accelerator.
2024 Cohort
AEAIS (Association for Elite Athletes’ Individual Success)
Allison Benson O'Brien
A social venture solving athlete transition with a scalable and empirical solution.
Advanced Sports AI
Obafemi Ayanbadejo
Predictive sports analytics.
Antidote Haircare
Abigail Kuehl
A plant-powered haircare brand.
CERTIFIED BLLR
Justin Johnson
A wearable device to improve basketball shooting accuracy and muscle memory.
Hotlines Sports
Casey Jones and Stephen “Steve” Haley
Supported by the Maryland Department of Veteran Affairs
Provides data and analytics for sports betting.
JJ Innovative Materials
Taein Lee, Mark Wo and Chu Ding
Reinventing construction materials to be carbon negative, stronger, and less costly.
JMD Innovations (DBA jbrds)
Mike Gugat, Dr. Jay LeBow, David Hirshfeld and Sameel Osuri
Creates patent pending shoes designed specifically for infants.
LIMs+
Mike Gaumer and Dacian Florea
Offers unique features that allow water testing labs to cut processing time in half.
MIVA Recovery
Dustin Hux and Michael DeFeo
A patent-pending combination sports roller and water bottle in one.
NORAD LLC
Kumlachew Hirgeto and Diego Toledo
A lost and found app.
Revvl
Alexandra “Lexx” Mills and Livv Mills
Rebelling against mundane mocktails with boldly crafted zero proof cocktails.
Somnair
Mitchell Turley and Dr. Anders Sideris
Sponsored by MedStar Health
The first non-invasive neurostimulation solution for sleep apnea.
TANTV
Adedayo Fashanu and Abolaji Omitogun
An editorial and subscription streaming service catering to the African and multicultural diaspora.
Truuce
Nancy Johnston and Kerry Roberts
Reinventing the ever-frustrating duvet cover
UfarmX
Andrea Kamara-Dunbar and Alexander Zanders
Revolutionizing agriculture by integrating supply chain management and data collection.
ZenJoy
Mack Anderson, Daniel Osborne and Tim Brumbaugh
A proprietary iced tea blend that contains ingredients to help consumers relax.
Frequently Asked Questions
Expectations
- All programming takes place in person and is mandatory.
- Scheduled programming occurs a minimum of two days per week, with a maximum of four days per week.
- The cohort meets every Friday for lunch and to share progress on milestones.
- Founders have daily access to Patrick McQuown, executive director of entrepreneurship. Ventures who take advantage of 1:1 sessions experience the best results.
See complete programming and mentorship details below.
Who should apply?
- Applicants do not have to be affiliated with Towson University.
- Applicants should not have a full-time job or another daily, full-time commitment outside of their venture.
- While solopreneurs are welcome to apply and have been accepted, ventures with a team can simply accomplish more.
- Ventures should have some traction in revenue, users, market, and/or fundraising.
Funding
Accepted ventures receive a $10,000 stipend. The stipend has no equity requirement and is intended to serve as a seed fund. Accepted ventures should expect payment within six weeks after the cohort begins.
Space
Fellows have access to work space and resources at the StarTUp at the Armory. It’s not required that all team members utilize the space, but the space is open to everyone on the venture’s team.
Programming and events
All programming takes place in person and is mandatory. Scheduled programming occurs a minimum of two days per week, with a maximum of four days per week.
- Weekly top-level programming: Sessions include founder-centric topics such as leadership, company culture, how to pitch, equity, sales, fund raising, among others. All materials for review and discussion are provided.
- Weekly lunch and milestone check-ins: Each Friday, fellows meet for lunch and to share progress on milestones.
- Guest speakers: Guest speakers and other founders are invited to speak to each cohort. In some cases, guest speakers are available to meet and work directly with founders.
- Acceleration: Working as a cohort is paramount to acceleration. The vast majority of time is used for founders to build and sell their ventures, to collaborate with other founders, and to meet with the StarTUp team and others.
- Networking: Fellows are expected to attend social and networking events to hear from industry leaders, discover opportunities, and connect with other entrepreneurs.
- Annual Accelerator Showcase: Hosted each September, this culminating event brings together the winter and summer cohorts with business and community leaders.
Milestones
- On day one, each founder identifies where they will be in terms of traction in 15 weeks.
- Progress on each venture’s milestones is discussed during the Friday lunch and milestone check-ins, where the cohort shares where they are and how other founders can assist one another.
- Examples of milestones include increasing revenue, users, markets, and/or fundraising.
Mentorship
- Each fellow has daily access to Patrick McQuown, executive director of entrepreneurship, and other mentors within the StarTUp for
coaching and support
- The best ventures typically spend an hour per day with Patrick to tailor individual needs.
- Mentorship does not end after the fellowship. It is expected that fellows continue their relationship as a cohort and with the StarTUp.