A second cohort of entrepreneurial souls learning how to embrace calculated risk in an effort to create meaningful, sustainable value in the world have been chosen to participate in the Western Accelerator. Open to Western students, faculty and recent alumni, the Accelerator offers a year’s worth of learning for entrepreneurs to turn inspired ideas into real products and services.

During their time in the Accelerator, each of the seven companies receives a monthly stipend ($3,000 per team), comprehensive programming and educational sessions, as well as network sessions with successful entrepreneurs, industry experts, investors and service providers.

“This is the strongest cohort we’ve had to date. They all have great potential at this time,” said Eric Morse, Special Advisor to the President and Director of Entrepreneurship at Western. “Continuing to work with students past graduation is certainly a trend we see picking up steam. Companies like these are great inspiration for current students, faculty and staff. They end up employing other students and making contributions to the local, regional and national economies.”

Among the seven companies is WMIF Alumna Asha Parekh with her startup Front Line Medical Technologies Inc. Front Line Medical Technologies’ signature medical product – COBRA (Control Of Bleeding, Resuscitation and Arterial Occlusion) – is a simple, balloon-like medical tool that inflates to stop bleeding caused by trauma to internal organs and can be used by people with less than basic level first-aid training.

This article appeared in Western News.

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