eLab, a business accelerator, transforms Cornell University startups into successful businesses since 2008.
6
Operating
2008
Ithaca, NY, US
eLab Accelerator is a business accelerator focused on transforming Cornell University startups into successful businesses. Established in 2008 by the Student Agencies Foundation in collaboration with Entrepreneurship@Cornell, eLab supports student teams primarily at the pre-seed and seed stages. The program begins with a large cohort in the fall semester and narrows down in the spring based on performance evaluations, emphasizing customer discovery, pitching, and business model development.
Notable portfolio companies include FloraPulse and ProducePay, which have raised $5,000 and $1.4 million, respectively. eLab's investment philosophy centers on nurturing early-stage startups through structured programming and mentorship. The accelerator offers unique value-add services such as intensive workshops and access to a network of experienced entrepreneurs and investors, helping student-led ventures scale effectively.
Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies8
Follow-on Investments2
Current Portfolio Count8
Top Investment Stages
Pre-Seed7 (70.0%)
Seed3 (30.0%)
Stage Mix
Pre-Seed 70%Seed 30%
Concentration shown as share of disclosed investments by stage.