Techstars Foundation Accelerate Equity
The Techstars Foundation recently announced a new program called Accelerate Equity.
We created the Techstars Foundation in 2015 to help make innovation and entrepreneurship more accessible and inclusive. Since then, the Techstars Foundation has been investing in and accelerating nonprofits that deliver scalable impact for underestimated entrepreneurs.
Through Accelerate Equity, the Techstars Foundation identifies early-stage nonprofits and ideas to empower and support underestimated entrepreneurs. Each non-profit has a significant nominating donor. We then call on the Techstars network to pitch in, provide mentorship, and add additional financial donations. The Techstars Foundation will add a 5% match to the total raised at the end of the calendar quarter.
Amy and I helped get this program started by nominating and underwriting initial grants to Grid 110, Sistahbiz, and HBCUvc. The Techstars Foundation added Knox St. Studios to the list.
- Grid 110 – pathways to success for entrepreneurs in LA
- Knox St. Studios – building community wealth through entrepreneurship in North Carolina
- Sistahbiz – membership organization for Black women entrepreneurs
- HBCUvc – directing how capital is formed and distributed to increase opportunities for Black and Latinx innovators
If you are interested in supporting any of these organizations, please click on the respective link above or reach out to the Techstars Foundation. Or, for the three I’m involved in, drop me an email also, and I’ll make an appropriate connection.