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Local Entrepreneur Receives $10,000 From TechCelerator Program

On Thursday, June 16, 2011, three emerging entrepreneurs presented their business plan concepts to a panel of potential investors and industry professionals as the Capstone to the recently initiated two month Ben Franklin TechCelerator program.

FOR IMMEDIATE RELEASE

 
PRLog (Press Release) - Jun. 21, 2011 - CARLISLE, PA - On Thursday, June 16, 2011, three emerging entrepreneurs presented their business plan concepts to a panel of potential investors and industry professionals as the Capstone to the recently initiated two month Ben Franklin TechCelerator program.

The TechCelerator is a new service program developed by Ben Franklin Technology Partners/CNP www.cnp.benfranklin.org and the Capital Region Economic Development Corporation (CREDC), the economic development arm of the Harrisburg Regional Chamber.  

The program, which runs in eight week segments, has space for five or six very early-stage entrepreneurs every  two months and provides a designated, shared workspace along with business support services.

The winner, Mr. Ollie Cooperwood and his company, Current University Networks, will receive $10,000 in seed money to provide colleges and universities with closed “university-only” social networking software that connects students to potential employers.

Two other participants received an honorable mention for their hard work during the past eight weeks: Mr. Robert Costello and his company, Cumberland Fulfillment, provides order processing, call center support, inventory control, and invoicing while also maintaining website back-end support for their customers.   Mr. Steve Reutter’s company Grocereeez.com is a subscription website that gives users comparative pricing data on items found at their local grocery stores.  

Pam Martin, the Executive Director of the TechCelerator Program commented on the day’s events, “All three companies did an outstanding job.  The judges were particularly impressed with how professionally each candidate presented their company information, especially given the short amount of time they have been working on their business plans.”

For more information on the TechCelerator Program or to apply for future openings, click on http://cnp.benfranklin.org/programs-services/techcelerator or contact Pam Martin at pammartin@cnp.benfranklin.org / 717-249-2356.

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The TechCelerator is a new service program developed by Ben Franklin Technology Partners/CNP www.cnp.benfranklin.org and the Capital Region Economic Development Corporation (CREDC), the economic development arm of the Harrisburg Regional Chamber

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Source:Ben Franklin Technology Partners/CNP
City/Town:Carlisle - Pennsylvania - United States
Industry:Business, Software, Technology
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Shortcut:http://prlog.org/11551924
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