Sponsorship

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IncubatorIndirect supportNo equityVerified

Laurence A. Baiada Institute for Entrepreneurship

Also known as: Baiada Institute

Drexel University · Philadelphia, PA

The Laurence A. Baiada Institute for Entrepreneurship is Drexel's hub of student innovation. Integral part of the Close School of Entrepreneurship. Founded in 2001 as the Baiada Center (in LeBow College), upgraded to Institute in 2012. Named by entrepreneur Mel Baiada for his father Laurence. Provides incubation space, advising and mentoring, pitch competitions, StartupTree online platform, and the Starter's Review blog.

Quick fit check

  • Indirect support only
  • No equity required
  • Currently active
  • Verified by research

Key numbers

Funding range

Equity

None

Application

Ongoing

Campus Wide

Last activity

2026-06-24

High confidence

Application and Timing

Ongoing. Incubation space and StartupTree available year-round. Competitions have specific application cycles (Fall and Spring).

Participants

Open to all Drexel University students (undergraduate and graduate), recent graduates, and alumni.

Funding and Equity

Indirect funding via hosted competitions (Startups Fund up to $25K) and Innovation Fund ($150K). No equity taken for incubator participation. StartupTree platform provides access to funding competitions.

Recent Activity

  • 2026: Drexel Startups Fund Spring cycle (applications due Feb 27, awards June).
  • 2025: Startup Fest (Nov 14) with Fast Pitch Competition, Proving Ground Expo.
  • Ongoing: StartupTree platform active with events and competitions.
  • Founded: 2001 (upgraded to Institute 2012).

Verification Gaps

  • Incubator capacity and current occupancy not specified.
  • Number of startups launched through Baiada not tracked publicly.
  • Success metrics (graduation rate, follow-on funding) not available.

Programming

  • Incubation space and services (coworking/office space)
  • Advising and mentoring from experienced entrepreneurs
  • Pitch competitions (Drexel Startups Fund, Fast Pitch, Dragon Impact Grant)
  • StartupTree online community platform
  • Starter's Review newsletter and blog
Additional research notesShow