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PROPELS Accelerator

Hosted by NavalX Midwest Tech Bridge, NSWC Crane, The Mill, and Dioltas

Event Details

Monday, May 15, 2023
5:00 PM - Friday, May 19, 2023
8:00 PM

Event Description

The PROPELS Accelerator is an incredible opportunity to commercialize cutting-edge technology developed at NSWC Crane, the third-largest naval installation in the world.

Imagine: a world-class scientist hands you a tested, patented, valuable piece of intellectual property. You spend an intense week with other participants working to develop a commercialization plan, with support from experts in defense and entrepreneurship. First you’ll focus on customer discovery, competition, problem definition, and unique value proposition. Then you’ll turn to financial models, early business planning, marketing and sales, building a team, and crafting a pitch deck for investors.

After the bootcamp week ends, you’ll receive one-on-one follow up and support for another month until Demo Day, when you reveal your solution to a panel of experts. Later, you’ll pitch at the Radius Indiana Crane IP Defense Innovation Competition for a chance at a prize package.