Launch and scale your idea to positively impact lives.

 

 

 

 

 

Fall 2020
Impact Accelerator

Get Early Consideration by 8/19/20

Applications Due 9/2/20

Reimagine Your Venture's Potential

In this part-time online program over six weeks

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The world needs entrepreneurs

Impact-driven entrepreneurs are taking on the biggest inequities of our time with scalable technology, product, and service solutions.

The new ventures led by these capable, committed leaders have the power to transform communities, solve systemic injustices, and nurture our planet in new and novel ways.

 

Entrepreneurs Need a Network of Support

Investor relationships, partnership introductions, and direct access to early adopters can mean the difference between a flourishing venture and one worthy of scale but unable to achieve growth in time.

Since not all startup leaders have the same access to networks, funding opportunities, and support centers, it's time to reimagine what venture support means for impactful founders.

 

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SEED SPOT ACCELERATES More IMPACT OUTCOMES

The Impact Accelerator provides 21st century innovators with the diverse, transformative support that brings real change.

As a member of an integrated, aligned peer network of impact-driven entrepreneurs, you'll receive tailored industry access, insights from experienced mentors who have scaled global social ventures, and direct coaching from investors, startup specialists, financial experts, and attorneys.

 

program Structure

Fully Virtual, Fully Engaged

Twice-weekly live sessions virtually connect participants with expert-led workshops and provide collaboration between founders.

Online private investor events and public pitch experiences provide a national stage for ventures to gain recognition and following.

Join from any location with internet access.

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Program Dates: October 12 to November 19, 2020

Tune in to live twice-weekly content expert sessions on Mondays and Wednesdays from 12:00-1:30pm EDT / 9:00-10:30am PDT

Log on for live private pitch & strategy coaching sessions with accredited investors every other Thursday

Connect in live weekly 1:1 mentorship meetings with flexible scheduling, paired with a mentor aligned with your venture goals

Complete weekly independent venture actions that leverage proprietary business tools & frameworks for growing and scaling impact

 

Program Time Commitment

  • 4-6 hours per week of structured program
  • 10 hours of implementing program tools inside your business (i.e. refining financial model, tracking metrics)
  • 20+ hours dedicated to scaling traction inside your business (i.e. closing sales, systemizing operations)

 

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Aligned to Impact Outcomes

SEED SPOT's impact framework incorporates best practices from the United Nations Sustainable Development Goals, IRIS (Impact Reporting & Investment Standards), and our proprietary impact methodology to prioritize measurable social and societal outcomes.

 

SEED SPOT's Impact Areas:

  • Civic Engagement
  • Education
  • Environmental Sustainability
  • Equality and Economic Opportunity
  • Health and Wellness

Program Fee

  • $0 application fee
  • 0% Equity required for participation
  • $1,999 program fee per venture, due by program start (October 12, 2020)
  • Covers up to three team members from the same venture
  • Payment plans are considered by request
  • No-obligation application process; accepted ventures will have the option to confirm participation after selection process concludes

 

Talk to a program manager

Book a 15-minute informational call with a SEED SPOT team member to discuss your venture's current goals and whether the Impact Accelerator is right for you.

If the Impact Accelerator isn't a fit, we'll recommend other resources from SEED SPOT or our partners!

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What You'll Receive

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Guidance from Experts

Get $4,000+ in professional services to unlock your potential

  • Over $1,500 in one-on-one professional mentorship and coaching from custom-matched mentors with experience and network connections aligned to your venture needs
  • Over $2,500 in billable advisement by experts in legal, finance, HR, and venture capital
  • Targeted support from SEED SPOT team members who have advised hundreds of impact ventures globally

 

Investment Ready in 6 weeks

Join an active community experienced in both securing and providing investments

  • Fundraising pitch deck co-built with accredited investors during venture coaching sessions
  • Introductions to diverse, active investors for high-growth, high-impact deals who prioritize equitable funding access
  • Structured tools for financial projections, capitalization, and valuation informed by experts
  • Professionally recorded and edited pitch video

 

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Approachable, World-Class Curriculum

Exclusive award-winning tools that increase startup survival rates

  • Training and support for diverse needs and experiences from a World Top 5 Private Business Accelerator
  • Proven tactics for week-over-week sales traction and support for meeting exponential growth goals
  • Resources and workshops on topics such as: customer acquisition, marketing, partnerships, financial strategy, team development, fundraising preparation, and more
  • Structure and introductions to complete 50+ conversations with customers, partners, and funders within 6 weeks

 

National Acclaim and Recognition

Amplify your message to an impact-minded audience

  • High profile virtual experiences that garner thousands of public viewers, featuring your venture
  • Press coverage for you and your venture
  • Lifetime brand association with globally-recognized impact accelerator program

 

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Supportive Peer Network

Form genuine, lasting relationships with other inspiring change-makers

  • Collaboration and networking with a small cohort of high growth, high impact entrepreneurs
  • 81% of SEED SPOT alumni come from diverse backgrounds traditionally underrepresented in entrepreneurship
  • Lifetime alumni benefits include access to hundreds of past alumni, exclusive partner introductions, accelerator program and funding endorsements, pro bono and discounted services, and ongoing mentorship from seasoned experts

 

Learn more at an Info Session

SEED SPOT's weekly 30-minute informational webinar covers the application process and program outcomes.

Led by the Director of Entrepreneurial Education, Tristan Gandolfi, the Info Session is a great place to ask questions and hear examples of former participant success stories!

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What Alumni Say

"Really excellent program-- the curriculum, structure, and mentoring really pushed me out of my comfort zone and take our company to a level that I am proud of. Thank you for everything that you do!"

Ben Pugh, Founder of RelayCare
2019 Impact Accelerator Participant

What Alumni Say

"SEED SPOT has given me focus, encouragement, pushing, mentoring. I look forward to working with SEED SPOT for years to come and being in the position to help others once I’ve grown"

Allana Taylor, Owner of Quench Naturel
2020 Impact Accelerator Participant

What Alumni Say

"I have been able to leverage what I have learned at SEED SPOT to understand in depth about my market and how to pivot.

SEED SPOT has been very helpful in sharing resources that may be able to help me in times like this."

Victor Ehienulo, Co-Founder of PLUGGED
2020 Impact Accelerator Participant

What Alumni Say

"The program was full of valuable content delivered by excellent staff and guest speakers who educated us well in many areas of business. The mentoring was also very good."

Kimberly Lipinski, Founder of Elder Nourish
2019 Impact Accelerator Participant

Qualifications

Great potential for Impact

  • Mission-driven venture founded to create social change
  • The solution addresses a real problem in the world backed by research and data
  • The problem is large and affects a significant number of individuals or communities
  • The solution demonstrates game-changing creativity and has the potential to provide skills and knowledge that could revolutionize or increase value within a sector
  • The solution provides significant value to both direct and indirect recipients
  • The desired and direct results can be measured numerically and tracked over time
  • Traditionally underserved individuals and communities can receive measurably equitable value from the solution, if not currently then in the future

 

Significant Opportunity for Scale

  • Structured as a for-profit venture with the desire to exponentially scale impact
  • With adequate resources, the solution's production and delivery methods can be replicated and scaled to reach a high percentage of solution seekers
  • The solution demonstrates a clear method to deliver the product or service to the customers
  • A clear, verifiable revenue model is in place to ensure long-term viability
  • The solution has the potential to cross gender, age, geographic, and/or socioeconomic boundaries, if not currently then in the future

 

Demonstrated Success In Market

  • In revenue with paying customers (profitability not required) or signed letter(s) of intent
  • Possess a functioning solution that can currently be sold and will delivery essential value to your customer
  • Solution demonstrates the ability to enact positive change and can tackle the root cause of the problem addressed
  • Has a team of supporters which can include, but is not limited to, cofounders, team members, mentors, board members, and advisors
  • Has existing partnerships or has identified key strategic partners to approach in the near future

 

Venture Stage

  • Must be a legally formed for-profit entity by program start date (October 12, 2020)
    Note to nonprofit ventures: check back in Spring 2021 for a nonprofit Impact Accelerator program track!
  • Must be in revenue with paying customers (profitability not required) or signed letter(s) of intent
  • Possess a functioning solution that can currently be sold and will delivery essential value to your customer
  • Recommended to be actively preparing for fundraising with a goal to raise capital within 6 months
  • Pre-Series A

Why Choose SEED SPOT?

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Exclusively Dedicated to Impact-Driven Ventures

The Impact Accelerator is aligned to the United Nations Sustainable Development Goals and success is measured by your venture's social-impact

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 Never Takes Equity from Ventures

SEED SPOT is founded as a 501(c)3 nonprofit so your valuable equity is never required to support our work

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100% Virtual Program to Ensure Equal Access

Designed to support entrepreneurs wherever they are without the need to relocate or travel. All you need is a stable internet connection.

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Committed to Inclusive Programs and Diverse Representation

81% of SEED SPOT entrepreneurs come from backgrounds or identities that have been traditionally underrepresented within startup ecosystems.

These include: women entrepreneurs (53.1% percent of 884 total entrepreneurs served), entrepreneurs of color, LGBTQ and gender-fluid entrepreneurs, previously-incarcerated entrepreneurs, entrepreneurs of varying abilities, first-generation citizen or immigrant entrepreneurs, and entrepreneurs with military status (veteran, military spouse, etc.).

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Acceptance Timeline

  • Wednesday, August 19th, 2020: Early Aplication deadline to guarantee an interview
  • Wednesday, September 2nd, 2020: Final application deadline
  • Monday, October 12th, 2020: Cohort begins
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Are you ready to use this 2-Day Launch Camp as a powerful vehicle for social change ?