With over $200 million in support for early-stage companies with significant growth potential, the Blueprint Accelerator Network combines Westchester’
Accepted companies must commit to remain in Westchester following their "graduation"
-- Accounting/Financial Advice
-- Marketing and Public Relations
In addition, companies in the Blueprint Accelerator Network receive access to the rich intellectual capital of Westchester’
Interested parties should apply to the Blueprint Accelerator Network by visiting www.blueprintaccelerator.com
“We are pleased to invite the best and brightest emerging companies to become part of our Blueprint Accelerator Network,” said William M. Mooney, Jr., President of the Westchester County Association. “With an aggressive timeline and over $200 million in debt financing and in-kind services, our partners are prepared to offer entrepreneurs worldwide the support they need to transform their companies into the established, successful enterprises of tomorrow.”
Funded by the private sector through the Westchester County Association’
Successful applicants must meet or exceed the committee’s guidelines in five key areas:
Development Stage – Accelerator companies should be less than five years old with their core product developed, and expect to be in the market within 0-18 months;
Market – The company’s market should be definable, large and with continuing growth potential;
Management Team – The company’s leadership team should be knowledgeable and deeply committed to the success of the business;
Need – The Accelerator company should be in a position to benefit from the services provided by the Network and able to take the business to the next stage;
Preferred Characteristics - Applicants must have a business plan with reasonable financial projections. The applicant should be focused on a targeted industry with a company that is scalable and has potential to increase employment in Westchester County.
“A major achievement of the Blueprint’s first year was the creation of the Blueprint Accelerator Network,” said Marissa Brett, Executive Director of Economic Development for the WCA. “Today’
Accelerators vs. incubators
Unlike small business incubators, which offer centralized office space and shared services to startup companies, The Blueprint Accelerator Network operates as a “boot camp” for early-stage companies. The hope is to grow portfolio companies, and thereby expand employment and economic activity in Westchester County. After a highly selective process, companies receive access to capital and business services, partnerships with universities, and opportunities to work with established organizations in the early-stage company’s field. Once the company reaches the next stage of growth, it graduates and a new early-stage start-up will take its place.
“The Accelerator Network will speed the growth of its chosen companies, and thereby energize employment opportunities and economic activity in Westchester County,” explained Nicholas Puro, Co-Chair of The Blueprint for Westchester’
Partners in the Blueprint Accelerator Network include: BioMed Realty; Bleakley Platt & Schmidt, LLP; Celestial Capital; Community Mutual Savings Bank; Compufit; Cuddy & Feder, LLP; George Comfort and Sons; Greater Hudson Bank; Harrison Edwards PR, Inc.; Heritage Realty; Heyman Properties; Key Bank; Mack-Cali Realty; Mahopac National Bank; M & T Bank; Normandy Real Estate Partners; O’Connor Davies LLP; Provident Bank; Reckson, a Division of SL Green Realty Corp.; RPW Group; and The Westchester Bank.
About The Blueprint for Westchester
The Blueprint for Westchester (www.blueprintforwestchester.com) is the Westchester County Association’
About the Westchester County Association
The Westchester County Association (www.westchester.org) is the preeminent business membership organization in Westchester County. The Association is committed to business advocacy, economic vitality and to providing a strong and clear voice for the interests of businesses on the regional, national and international levels. Its key objectives are promoting positive economic development in the region; fostering business development;