Backed By $500K, This Upcoming Program Will Help Startups Go Global

In a push to help Philly companies scale past U.S. borders, the Welcoming Center for New Pennsylvanians and the University City Science Center will launch a program called Global Startup Accelerator (GSA) by January 2018.

To fuel the accelerator, the duo of Philly organizations secured a $500,000 i6 Challenge grant through the U.S. Commerce Department’s Regional Innovation Strategies (RIS) program.

The GSA hopes to rely on the knowledge of “immigrant professionals and international communities in the region” to help early-stage life sciences and tech startups as plan for expansions abroad. To start, the accelerator will host two cohorts of 25 businesses: one focused on targeting the European market and another on the Indian market.

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