Mark and Karl from the OSU Advantage Accelerator program stopped by yesterday to fill us in on their new program now available in Bend.

OSU Accelerator Program

It’s called ‘Iterate’ and it’s an introduction to problem/solution fit for entrepreneurs who are interested in learning the basics of how to build a product or service that aligns with the problems it is expected to solve. It is the first of 3 available accelerator courses, which are the next steps in the program as companies successfully complete the Iterate curriculum.

Iterate runs for 1 month, and includes four two-hour sessions, running every Tuesday from 4:30 – 6:30pm, so it’s very practical for anyone who’s working full time to participate in. And since there’s no cost, it’s the best deal in town. If you move on to the ‘Accelerator’ program, there are costs, although they are very reasonable and mostly success-based, so you only pay if you reach a certain revenue threshold.

Here’s what you can expect to get out of the Iterate program:

  • Basic understanding of what entrepreneurship is and what it means to be an entrepreneur
  • Basic understanding of the Lean Canvas tool
  • Understanding of the customer discovery process
  • Understanding of Total Available Market (TAM), Serviceable Available Market (SAM), and Target Market (TM).
  • Understanding of the Value Proposition and a better defined Value Proposition for your concept
  • Teams will leave the program with an understanding of how to apply these tools to their concepts.
  • Entrepreneurs may choose to apply to the OSU Advantage Accelerator/ RAIN Corvallis “Accelerate” program.

It starts on Tuesday, so apply now or check out the Advantage Accelerator website for more information.

James Gentes

CEO at Tend.ai
James is a huge fan of Bend's startup scene. He is responsible for creating the BendTech coworking space at 1001 SW Emkay during his many years as board member and president of the Tech Alliance of Central Oregon.

He loves to write code, is passionate about design, and runs StartupCommunity.org as a side hobby. He sold his previous company that he started in Bend, 'The Social Business' to Innovation Garden in New York.

You can reach James by email at [email protected].