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Dingman Center, WeWork Team Up to Expand Startup Accelerator Program

By Maryland Today Staff

The Dingman Center for Entrepreneurship has expanded its Terp Startup summer accelerator program to host 15 student startups this year. The launch of WeWork College Park in the Discovery District offered the opportunity for expansion, providing more space, access and resources.

“The hallmarks of this program are funding, space and mentorship,” said Managing Director Holly DeArmond MBA ’17. “Starting this summer, not only will our founders be in an innovative, dynamic space, but they will also be members of both the Dingman Center community and the broader WeWork community. All the elements of Terp Startup should help these Terp entrepreneurs accelerate in a rather short amount of time.”

The Terp Startup program, launched in 2015, also gives students access to a variety of venture creation workshops, ranging in topics from startup financing and incorporating to team-building and brand management. Many of these workshops are led by successful alumni entrepreneurs.

To be considered for the program, students must demonstrate their startup's traction as well as their entrepreneurial drive. The accepted startup teams will receive a stipend of up to $5,000, a six-month membership to WeWork and a mentor to help them grow their businesses over an eight-week period. View the full list of this year's cohort of startups here.

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