January 14, 2011
Today Teens In Tech announced the creation of a startup incubator for young entrepreneurs. The program will select five teams beginning this summer and will last about eight weeks. The program will include mentoring in all the various aspects of starting and running a business, helping the five teams take an idea from concept to reality. There is a solid list of some of the mentors already on board and I expect more to join as the program gets underway. According to Teens In Tech founder Daniel Brusilovsky:
“Like a flight simulator the program will look to help teach young entrepreneurs how to fly a startup.”
The program will also offer up funding, but due to the fact that most of the participants will be minors, it is unclear at this time how that will work. More details will be released in the coming months.
Interested applicants must:
- be between the ages of 13 and 19 years old
- be able to live in the San Francisco area for the summer program
- have at least one technical person on their team
I had the opportunity to speak with Daniel earlier today. He was clearly excited by the prospects of the program and personally motivated by connecting with people, saying:
“I want to meet as many young entrepreneurs as possible, see what they struggle with and see how I can help.”
The launch of the incubator is in line with the Teens In Tech philosophy of trying various tactics and investing in the ones that work the best, which is why they recently changed their name from Teens In Tech Network to Teens In Tech Labs.
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