Seed funding, Guidance & Services Available for Early Stage Startups
We hope you will plan to join us for a week-long program featuring classes and individual guidance for health, wellness and nutrition startups Monday, September 16, through Friday, September 20, at Novotorium in Langhorne, PA . The week of programs will be followed by a business plan competition on Monday, September 23, with a prize of $2,500 in cash and $3,000 in services to the top business in the competition.
The program is designed for aspiring entrepreneurs who have a health, wellness or nutrition business idea, may or may not have created a business plan, and who have begun or are ready to begin creating their minimal viable product to introduce to potential customers. Each day of the program will feature classes in legal topics, finance, marketing, technology, sales, business strategy, and business plan writing taught by Novotorium partners and staff. In addition, partners and staff will be available to offer one-on-one guidance to entrepreneurs during office hours throughout the week.
Companies wishing to participate in the program must apply on the Novotorium website using the ordinary application form. Please write “TBD” in any part of the application that is yet to be determined. Also note “Applying for September Program” in the “What Else?” section of the application.
By Friday, September 20, companies will be required to develop and submit a business plan. Business plans will be vetted and slotted into presentation times for the competition on Monday, September 23. The top company in the business plan competition as determined by Novotorium will receive $2,500 in cash and $3,000 in services during a month-long residency at Novotorium. All companies in the business plan competition will be considered for Novotorium’s ordinary funding and business incubation program as well.
If you have questions, you may use the contact form on this site.
Classes for the week are as follows:
10:00 a.m. to noon, Monday, September 16
Lean, Agile & MVP: Planning and Fast Pathways to Launching Your Business
Novotorium Team members Chuck Hall, Alberto Janza and Charla Wolfe will walk through the planning and implementation tools we use, and that we see the best companies using, to plan and implement their startup work to get results fast.
9:00-11:00 a.m., Tuesday, September 17
Practical Approaches for Growing Your Startup Business
Novotorium partners Heidi Gray-Devita, Rick Simmons and Rick Toone will share their insights and experiences using solid sales planning and techniques, Internet marketing, social media, video and creative approaches to growing startup businesses.
9:00 a.m. to 11:00 a.m.,Wednesday, September 18
Legal Approaches for Creating and Protecting Your Startup Business
Novotorium Partners Geoff Weber, Fred Wilf and Frank Taney will discuss the range of approaches that are available for startups when considering legal structure, protecting intellectual property, and creating contracts for your startup.
9:00-10:30 a.m., Thursday, September 19
Funding Your Early Stage Startup Business
Novotorium advisor Steve Blodgett will offer his perspective on funding opportunities for startups in today’s challenging capital environment.
9:00 a.m. to 10:30 a.m., Friday, September 20
Understanding Opportunities in Health, Wellness & Nutrition
Please register to attend these events.