Gannon University Awarded Grant for New Integrated Business Transformation Program

Posted: July 10, 2014

Gannon University was the recipient of a Discovered in PA - Developed in PA (D2PA) grant funded by the Department of Community and Economic Development to implement the creation of the Integrated Business Transformation (IBT) program.

The $520,878 grant funds the IBT program, which will provide education and assistance to local technology-enabled businesses and entrepreneurs to create, sustain and advance their business.

The collaboration between Gannon University's Dahlkemper School of Business, the Erie Technology Incubator (ETI) and the Small Business Development Center (SBDC) creates synergy by utilizing each entity's unique strengths to provide education, training, guidance, and early-stage funding for Northwest Pennsylvania entrepreneurs.  

Two key components of the IBT program are its Technology Business Accelerator and Microloan Program. The Accelerator is an eight-week course for current and prospective entrepreneurs to validate their business idea or concept, as well as determine their willingness to move forward with their business' launch or acceleration.  The eight-week course will be offered four times over the 18-month period of the grant.

The first course will begin September 10, 2014 and will be facilitated by the Executive Director of ETI, Jeffrey Parnell, with assistance from SBDC Director Maggie Horne, SBDC staff consultants, academic faculty, successful entrepreneur and business professionals.   

"We are now accepting applications for our September/October Accelerator, and are excited about the opportunity to provide Northwest Pennsylvania entrepreneurs with a high-caliber program that will stress test their ideas and validate their market readiness," stated Parnell.  More information is available here, or by calling ETI at 814.459.6110.