Why are the Sixers investing in entrepreneurs and start-ups?
By launching this Innovation Lab in Camden, the Sixers are renewing their commitment to bringing innovation in the consumer, sports, media, technology, and entertainment spaces to the region and giving back to the process of creating transformative change in Camden and beyond. Since acquiring the Philadelphia 76ers, Sixers Managing Partners and management have been committed to sponsoring innovation and creativity in the greater Philadelphia region. Much of this has been focused on enhancing the fan experience and ensuring that the area continues to thrive as a center for new business creation.
What type of company are we looking for?
If you are smart, motivated and have a unique business that we can help, we want you in the Sixers Innovation Lab. Our management team has run businesses in sports, gaming, technology, apparel and footwear and has connections across all industries.
Although swimming downstream means being in sports, technology and consumer facing businesses, our leadership team is one call away from almost any CEO in the world. We lean toward companies that already have a product, website or service and have some indicators of future success, but we are also open to ground floor concepts.
How long is a company in the Innovation Lab?
Your stay is flexible. After assessing your needs, the Managing Director will develop a timeline for your residency in the Innovation Lab.
Will the Innovation Lab partners be taking an equity stake in all participating businesses?
Yes, the Innovation Lab partners will be taking an equity stake in for participation in the Innovation Lab. Each company will be assessed on a case-by-case basis.
What are the benefits that participating companies receive?
- Free Office Space
- Free Marketing Strategy though Maven Creative
- Free and Discounted Legal Services through Troutman Pepper
- PR Services
- Access to Managing Director, Board of Governors, Advisors and Philadelphia 76ers executives
Where is the Innovation Lab housed?
The Sixers Innovation Lab is housed on the ground floor of the Sixers' brand new, state-of-the-art Training Complex in Camden, NJ. The 125,000-square-foot Training Complex will be the largest in the NBA, and includes the Sixers basketball operations facility and business operations offices.
For more information about the Sixers Training Complex, click here.
What happens after the program?
We want to develop a relationship with your company so we can help you as you continue to reach new heights. Whether as board members, advisors, or just someone you can call for advice, the Sixers Innovation Lab will continue to be as much a part of your business as you want moving forward.
For any further inquiries, please click here.