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is seeking entrepreneurial solutions that will make a big difference for underserved communities and the environment. Early-stage for-profits, nonprofits, and existing organizations with new ideas are encouraged to apply for the 10-month 2014-15 Social Venture Accelerator
. Application Deadline:
July 17, 2014 at 11:59pm.
Interested but not sure if you are the right fit? Contact Andrea at firstname.lastname@example.org.
The Propeller Accelerator offers free co-working space, mentorship from successful entrepreneurs, including Mike Eckert, founder and former CEO of The Weather Channel, experienced strategy consultants, pro bono assistance (legal, accounting, graphic design), increased visibility, and access to networks. Propeller Accelerator
Fellows have been featured in the NY Times, WIRED, Forbes, GOOD, TechCrunch, and the LA Times. Apply Here
Learn More Here
Deadline: July 17, 2014
Accelerator Program Benefits:
Executive Mentors: Get one-on-one time with successful entrepreneurs, including Michael Eckert, Founder & former CEO of The Weather Channel, and John Elstrott, Chairman of Whole Foods Market.
A paid consultant at the top of his/her field who joins your team in an area of greatest need to work one-on-one with you throughout the program for 27 hours/month. Strategy sessions with Lead Consultant Kevin Wilkins. Check out past Accelerator Consultants.
A co-working office and meeting space (with Wi-Fi, printing and coffee) in our vibrant Incubator facility
Networks and Visibility: Propeller staff who make key introductions to potential investors, funders, customers, advocates, media, and policymakers.
Community: A collaborative peer community of Fellows. Past Fellows have launched new collaborative products, shared arable land, purchased services or contracted with each other, and volunteered for each other’s ventures.
- For Water Fellows: $5,000 grant/Fellow for seed project funding.
What kinds of companies have we accelerated?
- The Healthy School Food Collaborative (‘12) administers over $9.8mm/year in federal reimbursements/year to bring healthy school meals to 39% of all public schools in New Orleans.
- Jack and Jake’s food hub (‘11) secured financing to become operational during the Accelerator, serves public schools in the Healthy School Food Collaborative, and recently secured financing to begin construction on their 23,000 s.f. facility on Oretha Castle Haley Blvd.
- Justice & Accountability Center of New Orleans (‘12) has served over 1,000 clients for non-violent criminal record expungements to facilitate successful societal re-entry and reduced recidivism.
- The Fine Arts and Wellness Center (‘12) has secured $2.16mm in capital to build out an arts and health incubator in the Broadmoor neighborhood.
- TrueSchool (‘13) has garnered over $200,000 in national contracts to reach over 200 teachers through its innovative applied research, design and professional development studios.
- Griffin Law Group (‘13) has won over $300,000 in benefits for disabled children.
Early-stage for-profits and nonprofits or existing organizations with new project ideas are encouraged to apply. Early-stage is defined as no more than 2 years with full-time paid staff OR no more than two full-time employees.
Healthy Food Access/Local Food Economy, Public Health, Water Management, and Public Education.
Priority will be given to solutions within
2) Potential for Significant Social Impact
sectors. Alternative ideas outside of these sectors are still encouraged to apply.
3) Financial Sustainability
The challenge is clear; your strategy is sound; scalability is possible.
We expect reasonable and validated market analysis that supports your business model. Ventures with earned revenue streams receive priority.4) Leadership & Dedication.
You have the vision to motivate, the experience to guide you, and the grit to get it done. Fellows
must devote a minimum of 20 hours per week towards their venture.
Questions? Interested in applying? Contact Andrea Chen, Executive Director, at email@example.com.
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