Erie Innovation District to launch ‘accelerator’

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Written by Jim Martin.

The development of the Erie Innovation District is taking another step forward.

The district, led by CEO Karl Sanchack, is expected to announce today that it has signed an agreement with Singularity University, a Silicon Valley-based think tank, to run a 10-week accelerator program that will provide an opportunity for up to 10 entrepreneurs to turn their ideas into a startup business through an on-site business boot camp of sorts

Startup companies invited to participate in the program will be trained at the Erie Innovation District headquarters at 717 State St. during the program, which is expected to be held this summer. Participants will work with trainers from Singularity, which also has a campus in Columbus, Ohio, as well as with Erie-based trainers employed by Erie Insurance.

Sanchack, who was installed as CEO of the district five months ago, has said from the outset that Erie can’t simply declare itself to be an innovation district specializing in the area of cyber security.

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Originally published March 20, 2018.

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