Applications for the 2023 Impact Growth Accelerator are due Monday, April 3rd at 11:59pm.
Overview
Impact Venture’s Impact Growth Accelerator Program is a 12-week virtual program designed for Consumer Products/Goods, Scalable Service-based, and Tech/Tech-enabled startups led by women and BIPOC founders.
This program focuses on improving and driving industry innovation and creative solutions to complex business and social challenges.
The program is structured to fit full-time/part-time founders while offering flexible virtual classes, quality education, community building, access to high-level mentorship and professional networks, as well as capital resources.
Our rigorous training and development program is designed to remove barriers and close equity gaps in access to:
Knowledge Capital – Quality skills training and business education combined with expert-level mentorship and coaching.
Social Capital – Access to high-level professional networks to help support the development of entrepreneurial talent and ventures.
Financial Capital – Access to Impact Ventures’ exclusive capital partner network and capital match-making services.
Founders participate in peer-to-peer accountability groups, are assigned a dedicated growth advisor, and have access to a network of mentors, coaches, and our affiliate service providers. The program also includes group pitch sessions, and weekly online learning modules focused on topics like revenue optimization, customer acquisition, and capital strategy.
Program Eligibility
Must be located in the US (DFW area preferred)
Must be 51% owned and operated by Women, Black, POC, LGBTQ+, or Veteran
Must be a consumer product/good, tech/tech-enabled, or service-based business
At least 1 + years in business with proven annual revenue ($50K or more)
Must be a for-profit business
Program Benefits
Technical Assistance:We provide startup founders with technical assistance services both directly or indirectly through our preferred service providers in areas such as business model validation, loan application preparation/matchmaking, financial management, and product development.
Dedicated Mentors: Dedicated mentors commit 1-2 hours per week to the growth and development of participating founders. Through a collaborative process, advisor mentors assist founders in developing individualized action plans using proven startup assessment tools and assist in setting and achieving milestones during and after the program.
Exclusive Network: Startup founders receive access to a robust network of seasoned professionals, market executives, and vendor opportunities through our corporate and community partners.
SME Mentor Office Hours: Founders expand their networks with weekly opportunities to meet with 100+ executives, investors, technical specialists, and business leaders eager to lend a hand as needed.
Peer Evaluation/Learning:The heart of the program is building a support network of like-minded entrepreneurs. Startup founders learn from one another, find solutions, share resources, and encourage each other through challenges.
Increased Visibility:Impact Ventures helps increase founders’ visibility through special events, media referrals, featured articles in publications, as well as our website and blog.
Business Perks:Through The Village Affiliate Network, we provide affordable business support services, perks, and discounts to participants via our network partners.(Marketing & Branding, Legal, Tax/Accounting, HR, etc.)
**Some services may require additional cost**
Program Costs
$499*
*Payment plans and need-based scholarships are available in limited capacities
Program Schedule
Applications for the 2023 Impact Growth Accelerator are due Monday, April 3rd at 11:59pm.
The next cohort will begin May 13th, 2023, and run through August 16th, 2023.
WEEKLY PROGRAM SCHEDULE
Tuesday, Thursday, and Friday 11am – 1pm CST via Zoom
ADVISOR MENTOR OFFICE HOURS
Weekly or bi-weekly, subject to availability
PROGRAM EVENTS
Community Meet-Up (6th-week mark)
Founder Showcase (conclusion of the accelerator)
How to Apply
We accept applications to our Impact Growth Accelerator year-round, on a rolling basis.
Next Steps
Review the Impact Growth Accelerator Webinar recording.
Participate in an upcoming Accelerate Growth Workshop. In this one-time, 2-hour workshop, you will benchmark your company objectively across 5 key categories using a business growth framework. This tool will sharpen your ability to pinpoint and prioritize key areas of your business to focus on and develop actionable milestones to take your company to the next level.
Apply for the upcoming accelerator. After your participation in the Accelerate Growth Workshop, qualified companies are invited to apply to the upcoming Impact Growth Accelerator.
Note:You must attend one of the Accelerate Growth Sessions to enter the above program application pipeline.
Accelerate U Info Session (13 minutes / Video Plays Automatically, Most Compatible with Chrome)
Get your accelerator questions answered!
Sign Up Now for the next Accelerate Growth Session! Limited spots available.
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