The Alacrity Foundation

General information

The word “alacrity” means brisk and cheerful readiness. This definition, the unique combination of resources behind it, and a shared vision to create significant local and global economic and social impact, propel the Alacrity ecosystem forward. Numerous companies have already graduated successfully from the unique technology start-up and VC funding model, and others are constantly being identified and brought on line.

THE ALACRITY FOUNDATION GRADUATE ENTREPRENEURSHIP PROGRAM

Designed to teach promising young engineering and business graduates how to build successful technology companies. The program is experienced based, where graduates are assigned to projects that form the basis of a real technology product or service opportunity. The Foundation facilitates industry sponsors bringing known problems from the marketplace to the projects teams, who then try to build products to solve these real-world business issues. If successful, the project team will have created an opportunity to start a commercial relationship with the industry sponsor. Together they will form a new technology company, with continuing support and funding assistance to give the graduates an invaluable head start to an entrepreneurial future.