Accelerator teams will begin their experience by participating in Venture School training during an intensive, three day workshop. After which teams will meet weekly to discuss their progress in meeting the milestones as well as learn about other key Business Model Canvas concepts. Participants will have access to industry partners that can coach them on accounting, tax, IP and funding issues. Teams can also earn three semester hour credits by participating in the Advanced Business Planning class where they will create a detailed business plan, elevator pitch, and formal presentation of plan. The teaching team and mentors will be on hand through out the summer to oversee completion of milestones and help teams reach their goals.
Burgess said this is the first time the program has been open to students from outside the University of Iowa, and that competition was stiff, with far more groups applying for funding than slots were available for. An interview with the students involved with Canine Partner Advocates is available on the Berry Center for Economics, Business and Public Policy website.