All applications are discussed amongst the LBA Selection Committee, and those not selected for the LBA are recommended for enrollment in The Hatch @ JCC, a program designed for business owners that might be a little earlier in their entrepreneurial journeys.
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Approaching $200K in annual revenue
At least 1 other employee other than the owner
Located in, or have an impact on, the Olean region
Business is the owner’s/founder’s full time job
Have the desire and ability to scale
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To continue to build camaraderie and a sense of community, and for more effective coaching and mentoring, the program is in person.
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There is no cost to apply or to participate. In fact, business owners selected will receive a $5,000 grant for completing the program, to help offset costs for the business owners being away from their businesses.
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No, all materials (books, pens, notepads, breakfast, lunch, etc) are provided free of charge by the LBA program committee.
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Program days are in person for 3 hours per week, on Fridays, from 9AM-12PM throughout the fall.
There are other smaller assignments, most of which can be done remotely, and may take an additional 1-2 hours per week.
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The sense of community, entrepreneurial support, and belonging that our LBA alumni felt during, and now after, the program is what they have identified as the most beneficial and makes the LBA different.
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Programming for “beyond an accelerator” continues to be defined and all LBA alumni are invited to participate. There are also social and networking opportunities for the LBA alumni to get together and continue to grow together.
