The Keller Center’s eLab Summer Accelerator Program at Princeton University is a launch pad for student startups. The program is open, by application only, to some of Princeton’s brightest and most dynamic students. Approaching its 5th year, the eLab is based in the new Entrepreneurial Hub at 34 Chambers Street in downtown Princeton. Over a period of ten weeks student teams work intensively on their startup ideas, attend a series of targeted workshops, and receive valuable mentorship and advising through a network of seasoned entrepreneurs and technology experts, all with the goal of developing their startup ideas into viable, scalable ventures.
Prior to the inception of the program, teams selected for the eLab meet with a faculty member to discuss their key project milestones, deliverables, and formalized plan of action. During the summer under the tutelage of their mentors, student teams work to achieve the milestones they have set for themselves. At closure of the summer program, the students participate in Demo Day, at which they share their plans with investors, inventors, experts and others from the entrepreneurial community.
How to apply
The eLab Summer Accelerator Program application opens on Wednesday, December 16. Visit this page to find out what you need to apply.
If you are interested in applying for the Spring Semester Incubator Program, visit this page.
Student teams participating in the eLab Summer Accelerator Program are provided:
- Workspace in the eLab (at 34 Chambers Street) for the duration of the summer program
- Assignment of experienced mentors in their field
- A series of targeted workshops open exclusively to eLab participants
- Networking opportunities with entrepreneurs, legal and accounting services, investors
- Seed funding for each team, up to $20,000 (4K per student, must have 5 students to receive 20K)
- Summer housing on campus from June 5 to August 12
- eLab teams must consist of a minimum of one (1) currently enrolled Princeton University undergraduate or graduate student. Graduating seniors are welcome to apply.
- Suggested team size is a minimum of three (3) and a maximum of six (6).
- Seed funding is available for up to five (5) team members. Any teams consisting of more than five (5) team members are advised to discuss among themselves how they would like to divide their funding.
- Should your team be selected for the accelerator program, all team members must be identified no later than May 27, 2016. Be sure to confirm your team and notify us of any additions before that date. No additional team members may be added after that point.
- Graduate students with existing campus living arrangements during the summer will not be provided with housing through the program.
- Housing is not available between the last day of classes and the start of the program on June 5. Teams shall be responsible for making their own interim housing arrangements.
- Storage of personal items in the interim may be available through the Princeton Moving & Storage student agency.
Summer Internships with eLab
The Keller Center is looking for three (3) exceptional students to help manage the eLab Summer Accelerator Program in Summer 2016! The students will work as a team to assist the Keller Center staff with all aspects of the summer accelerator program. The associates will be involved with the day-to-day organization and operations of the eLab, have direct contact with eLab teams, mentors, advisors, Keller Center staff and faculty, and coordinate events, social gatherings, weekend activities, trips, game nights, etc. Candidates should have an interest in entrepreneurship, possess great writing and communication skills, have experience with coordinating events and meetings, be a team player, and have a proactive, can-do attitude. The ability to multitask and successfully plan/execute projects with minimal supervision is essential. This is a fabulous internship opportunity for students who are interested in entrepreneurship and startups but aren't quite ready to launch their own idea. Students will be exposed to all aspects of startup business activities as well as take part in a variety of workshops, social events, and meetings over the course of the 10-week program. More information and link to application HERE.
The Keller Center extends its sincere thanks to the following donors whose generosity has made the first years of the eLab possible:
- Howard Cox ’64
- Jamie Gerber ’82
- Mark Jung ’82
- Peter Kellner ’91
- George Lichtblau ’60
- Jon Perel ’71
- Ramsey Smith ’90 & Sabrina Smith ’91
- Alexander Klabin ’98 and Douglas Silverman ’00
- Anonymous Donor
- Dr. Robert Hariri