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INCLUSIVE INNOVATION ACCELERATOR

Overview

The Impact Venture’s Inclusive Innovation Accelerator Program is an 10-week 100% virtual program designed for Pre-Seed and Seed stage tech/tech-enabled startups led by women and BIPOC founders.

This program focuses on improving 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 a flexible virtual class structure, and maintaining quality education, community building, access to high-level mentorship and professional networks, and access to capital.

Our rigorous training and development program is designed to remove barriers and close equity gaps in access to:

  1. Knowledge Capital – Quality skills training and business education combined with expert-level mentorship and coaching.
  2. Social Capital – Access to high-level professional networks to help support the development of entrepreneurial talent and ventures.
  3. Financial Capital – Access to Impact Ventures exclusive capital partner network and capital match-making services.

Founders participate in peer-to-peer accountability groups, assigned a dedicated growth advisor, and access to network of mentors, coaches, and our affiliate service providers. Founders also participate in group pitch sessions, weekly online learning modules focused on revenue optimization, sales, customer acquisition, team building, and fundraising/capital acquisition, along with weekly deliverable through in-market sprints, and milestone planning.

Program Eligibility

  • Located in North Texas or regions outside of traditional startup/vc communities: (Midwest, Southeast, Southwest, Northeast outside of Boston & NY)
  • Women, Black, Hispanic, People of color, LGBTQ, and Veterans
  • Must be for profit
  • Must be tech or tech-enabled or growth oriented (5-10x+ growth in 5-7 years)
  • Stage: Pre-seed (Pre-MVP to post rev/early adopters, $50k+ annual revenue), Seed (MVP, finding product market fit, $250k+ annual revenue)
  • Looking to raise f&f, Seed, or Pre-Seed Equity Capital

Program Benefits

Program Benefits:

Technical Assistance: We provide program participants technical assistance services both directly or indirectly through our preferred service providers in the areas of: business continuity planning, business model validation, loan application preparing/matchmaking, mentoring, financial management, credit training, legal support, accounting, marketing design, sales & business development, web development, product development, technology integration/enhancement.

Dedicated Mentors:  Dedicated Mentors commit 1-2 hours per week to the growth and development of participating ventures. Through a collaborative process, Lead Mentors assist Startup Ventures in developing individualized action plans using proven startup assessment tools and assist in setting and achieving milestones during and after the program.

Pro Bono Professionals/Corporate Partners: Startup Ventures receive access from a robust network of seasoned professionals, market executives, and vendor opportunities through our corporate partner network.

SME Mentor Office Hours: Startup Ventures expand their networks with weekly opportunities to meet with 50+ influencers, executives, investors, technical specialist, and business leaders.

Use of the Impact Ventures Office Space HQ at GoodWork: **Due to current health and safety precautions this program will be 100% until further notice**

Peer Evaluation/Learning: An important component of the program is building a support network of like-minded entrepreneurs. Startup Ventures learn from one another, find solutions, and share challenges, resources, and successes. Startup ventures participate in weekly networking events, investor dinners, hack sessions, online webinars, and more.

The Impact Program Staff: We are an experienced team of entrepreneurs, startup consultants, and investment professionals here to ensure your success by providing technical assistance in various areas of business management and making timely connections with potential clients, investors, procurement officers, policymakers, government officials, and mentors.

Increased Visibility: Impact Ventures helps increase Startup Ventures’ visibility through special events, cohort roadshow to SXSW, media referrals, featured articles in publications, as well as our Website/Medium Blog, and Podcast.

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**

Key Dates

February 1st, 2021
Applications Open

April 1st, 2021 @ 5:00pm
Applications Close

April 17th, 2021
Cohort Participants Announced

April 24th, 2021
Accelerator Kickoff Orientation

April 27th, 2021
Accelerator Program Begins

July 1st, 2021
Accelerator Program Ends

July 10th, 2021
Accelerator Showcase

Program Schedule

PROGRAM SCHEDULE

  • Tuesday afternoon 11am – 1pm
  • Saturday mornings 10am – 12pm

MENTOR/STAFF OFFICE HOURS

  • Subject to availability

Apply

Participating in IV’s Inclusive Innovation Program is an investment in you and your business. We curate hundreds of hours and thousands of dollars worth of educational curriculum, support services, strategic connections, and expert mentorship tailored to guide you as you pursue your next major company milestones. After this program, you can expect to become a more refined entrepreneur, equipped with the knowledge, skills, and awareness to build a more comprehensive business and be an overall better leader
 
Tuition for IV’s Inclusive Innovation Program is valued at $3,000 per student, however thanks to our generous supporters and donors, tuition is waived for every student accepted into the program. Selected participants must pay a small materials, platform, diligence, and registration fee of $499. Program fees must be paid in full at the start of the program.
Participating startups are eligible to receive investment up in $50,000 showcase pool. Startups are also eligible to apply for funding through the Dallas Inclusive Capital Fund.
Spring 2021 Program Application Deadline is April 12th, 2021 @ 5pm

Apply as a Startup

Our Accelerator Programs equips underrepresented founders with the coaching, curriculum, capital, connections, and community to scale your startup.

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