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APPLICATION CRITERIA
The PSBA leases to technology companies that want to be part of an entrepreneurial start-up community. Companies that meet the following criteria are encouraged to apply for space.
- Company is a start-up within its first five years.
- Company is an innovative technology product company with a definable, potentially large market and a significant competitive advantage based on its technology innovation. Preference is given to companies in the industries of clean/green technology, sustainability, information technology and measurement devices.
- Company has a founding team that has strong technology development skills, experience with relevant markets, and knowledge of sound business management practices. Team's knowledge and expertise can be supplemented by advisors or directors.
- Company has development needs that can be addressed by programs offered through the Accelerator.
- Company has either (a) an existing relationship with PSU, or (b) the desire to create a relationship. Typical relationships include: use of student interns, participation in the Lab2Market or other entrepreneurship programs, or use of student project teams to work on company development issues. High-impact linkages include faculty research collaborations and joint development agreements.
