Phase 1 Ventures will be an accelerator programme.
University City Science Centre, the US’s first and largest urban research park, has secured a $1m grant from the US Economic Development Administration, a part of the Department of Commerce. The money will fund the creation of a new accelerator programme.
Called Phase 1 Ventures, the new accelerator has been described as a “multi-institutional commercialisation programme” in a statement, and has as its purpose to get tech companies ready for market. Applicants must be past initial proof-of-concept stages.
The accelerator…
