Tandem Product Academy Launches Program for Local Technology Companies to Navigate COVID-19

Tandem Product Academy is looking for 20 existing Northern Virginia technology companies to guide and help succeed in the COVID-19 economy.

Amplifier Advisors, as well as a group of university, government and community partners, helped Tandem Innovation Alliance’s Academy launch a new cohort mentoring these technology companies on Sept. 14.

The academy will help the selected businesses find a business model that will sustain them throughout the pandemic and long after, according to a statement from the Academy. The program will commence on Oct. 21, 2020.

The professionally-run program will run virtually over a four-month period, alternating between all-cohort classes and individual company mentor sessions, according to the statement.

“The post COVID-19 economy is punishing for technology businesses that do not have the right product market fit, but as we can see from regional and national successes, when a technology business has the right fit, this is a great time to be in the technology industry,” said Jonathan Aberman, the founder of Amplifier Advisors.

“We want to help a group of promising technology businesses find their best opportunities to pivot what they have built into a market that will be rewarding for the current economy and what’s next,” said Aberman.

Amplifier Advisors is an innovation business led by Aberman, George Mason University’s Center for Regional Analysis and Marymount University’s Marymount Intrapreneurship Initiative, according to the statement.

The cohort’s teaching team includes Marymount University faculty and well-known technology entrepreneurs and investors, including Mark Walsh, Gene Riechers, Ben Foster, Erich Baumgarter, Tien Wong, Pat Sheridan, Elizabeth Shea and Jonathan Aberman.

Participants must be senior leaders of a business that has a technology product that has achieved some commercial adoption, according to the statement, and whose company has done any of the following over the past year:

• Had gross revenue of $500,000;
• Obtained at least $500,000 in capital from sources other than the founder’s immediate friends or family; or
• Received at least $500,000 in federal research and development funding.

Those interested can view more information and apply at the Tandem Innovation Alliance website.

Photo by Alesia Kazantceva/Unsplash