New program helps individuals launch software companies
Applications are now being accepted for a new program titled NextCorps Embark. Designed for individuals who are still working in a day job, Embark helps people create and build a company. It is intended for non-technical people and will help move them through all of the stages, from developing an initial idea to gaining revenue. Even without an idea, people are being encouraged to apply for this new program.
Through the Embark program, individuals will create a business idea that addresses a problem, evaluate the potential for the business and build software to sell — all without knowing how to code or develop software. Those who are participating in the program should be able to devote 5-10 hours per week to the process.
The objective for this program is to help the overall economy. If a business is chosen as a viable concept, the goal is to help participants reach revenues of $10,000 per month.
NextCorps Embark will be accepting up to thirty founders for the 6- to 12-month program. After the cohort is chosen, the program will start in September, 2021 with a definition of the business and customer discovery to identify true market opportunities. Throughout the program, individuals will work with engaged mentors to help form and launch the business.
The program is for individuals who:
• are interested in launching a software company (website or mobile)
• have at least three years of experience in an industry
• know of industry problems that need to be solved
• are able to commit at least 5 hours per week towards program requirements
• reside in the Finger Lakes Region of New York, including Genesee, Livingston, Monroe, Ontario, Orleans, Seneca, Wayne, Wyoming, and Yates Counties
Support for this program is provided by the University of Rochester, Rochester Institute of Technology, Excell Partners and many more regional organizations. Funding is provided by the U.S. Economic Development Administration’s Scaling Pandemic Resilience through Innovation and Technology (SPRINT) Challenge program.
The program will formally conclude in March, 2022. At that time, ongoing incubation support will be provided for concepts that are viable.
Learn how to apply to the program at a free informational session on Thursday, August 5. The application is due by August 20 and can be found at: NextCorps Embark.