1776’s New Accelerator For ‘Regulated Industry’ Startups Could Come To Philly

On Monday, Philly and D.C.-based coworking company 1776 announced its first accelerator program since merging with Benjamin’s Desk in 2017.

Happening this fall at the company’s D.C. campus, the three-month accelerator program looks to provide 10 startups in regulated industries (think healthcare, biotech or transportation) with “access to our dynamic curriculum, network relationships, capital partners, curated events, and workspace on campuses,” the company said in an email.

Per 1776 Chief Strategy Office Penny Lee, though the accelerator is at a nascent stage, the goal is to produce two annual cohorts, and the plan is to incubate another 10 or so “investor-ready” companies in the company’s Philly campus in the spring.

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