An excerpt from the McDonough School of Business…
Georgetown Entrepreneurship is excited to announce the reopening of the Georgetown Venture Lab. Now in its new location at a WeWork facility in downtown Washington, D.C., at 200 Massachusetts Ave NW, the space is the home to Hoya alumni entrepreneurs based in the area. At the lab, founders come together to launch, build, and scale their companies alongside a community of fellow entrepreneurs.
The Venture Lab originally launched as a unique concept to the Georgetown Entrepreneurship Initiative in October 2018 with a generous gift from the Leonsis family. The goal was to coordinate programming to foster the growth of new ventures and connect Georgetown University entrepreneurs to the greater alumni and student networks. Over the years, the Venture Lab has hosted more than 60 companies, including MisFit Foods, Palmetto Solar, and TwoBirds, to name a few.
Due to COVID-19, the Venture Lab temporarily paused the operations of its physical space in December 2019. That did not hinder Georgetown Entrepreneurship from continuing to foster a community of support for alumni entrepreneurs. During the winter months, the Venture Lab created a new program for Hoyapreneuers, the Georgetown Startup Accelerator (GSA). A nine-week, virtual program designed to accelerate early-stage alumni companies, the GSA opened up Georgetown’s reach beyond the D.C. area with participants from around the world.
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