LaunchPad Campuses Submit Up to Four Teams for 3rd Annual Program by September 20th.
Nominations for Propel, a 2-day student entrepreneurial event convening in New York City this November, have opened for the 25+ schools around the world in the Blackstone LaunchPad powered by Techstars network. The program focuses on building mentor connections, providing in-depth entrepreneurial skill-building workshops, and fostering peer learning. Propel helps over 200 students with early-stage ventures further develop and refine their ideas and business models.
Day One of the event begins with a “mentor madness” session where student teams rotate through advising meetings with over 50 business and industry experts from the Blackstone and Techstars networks. Speed dating for entrepreneurs! Day Two begins with Jon Gray, President and COO of Blackstone, saying a few words to students before they participate in breakout workshops led by experienced entrepreneurs and industry professionals covering topics such as marketing, sales, fundraising, and more.
According to Hailey Schofield, 2018 Propel participant, “While all of our mentor madness conversations were very helpful, two in particular seemed like really significant meetings. With these, it felt like we had met exactly the people we didn’t know we were looking for but needed to connect with as soon as possible. I am so excited to be establishing a real relationship that is only possible because of the Blackstone and Techstars network.”
Throughout Propel, the leading teams accepted from each LaunchPad school will also be pitching their business ideas to a live audience and Blackstone and Techstars judges. The competition will culminate in one team being awarded a $10,000 prize, in-kind support services, and a guaranteed spot in this spring’s LaunchPad Lift cohort.
“This event is one of the best ways for LaunchPad campuses to showcase their student ventures and for student founders to practice pitching in front of a large audience,” said Erica Lock, Vice President with the Blackstone Charitable Foundation. “Every year we look forward to seeing what market solutions these LaunchPad students have come up with – and then provide them with unparalleled access to the Blackstone and Techstars networks of experts. More than the advice itself, the relationships that they build at events like this are critical to future success in their ventures and careers.”
While students are participating in Propel mentoring and workshops, LaunchPad Program Directors from each campus will attend education, training, and general sessions to share best practices and find opportunities for future collaboration.
Criteria and Process to Nominate:
- Students entrepreneurs attending Propel must come from Blackstone LaunchPad powered by Techstars campuses. (To learn more about LaunchPad and how your campus can join the network, please click here.)
- Up to four student teams, and ten students total, are invited to participate from each school.
- Student ventures should be in the early stage phase, with at least some development of their idea, including an elevator pitch and funder deck, and should also have received some coaching or services from their institution’s LaunchPad program.