New Funders Volunteering To Help Innovation Accelerator Students

Unrestricted Revenue

Central to making it work are the fantastic funders, both nonprofit and for profit, who volunteer their time to coach the entrepreneurs at these events. Today we are delighted to announce some of our newest funders to volunteer!

14 Funders Praise, and Critique, Newest Innovation Accelerator Graduates

Unrestricted Revenue

“ We talk to thousands of nonprofits every year and very, very few are able innovate the way you have over the past six months. ” ” — Graduation judge.

Funders’ Network Report: Anchored in Place

Surdna Foundation

A new report issued this week by the Funders’ Network as part of its Anchors Institution Funders’ Group examines the potential these deeply rooted local enterprises hold to create lasting and sustainable change—and illustrates how funders are working with anchor institutions to create healthier, more equitable, and economically vibrant places to live and work. The post Funders’ Network Report: Anchored in Place appeared first on Surdna Foundation

Living Local wins grant to innovate how we connect to one another

Unrestricted Revenue

Members of the cohort will work together to turn their ideas into actionable plans for pilot programs and develop relationships with potential funders. Looking for help to turn those ideas into something you can execute and funders can get behind? Two awards in one week, wahoo!

Innovation Grant won by Western Massachusetts Training Consortium

Unrestricted Revenue

Members of the cohort will work together to turn their ideas into actionable plans for pilot programs and develop relationships with potential funders. Check out our website for more details on our funders The best teachers never stop learning, they always seek how to teach better and reach more students.

Lesa Mitchell joins The Heritage Group Accelerator Powered by Techstars to help startups disrupt legacy enterprises

TechStars

Many industries that aren’t top of mind for most of us but serve our most basic everyday needs – from industrial production, transportation infrastructure and environmental services and safety – all are facing technological disruption and innovation.

Spring Cohort's Second Shark Tank!

Unrestricted Revenue

Few things sharpen an innovator's mind as much as the prospect of standing in front of funders and having to pitch & answer questions. That is why Shark Tanks - events where students present to panels of potential funders - are a central part of my curriculum.

Innovation Accelerator Trains Mature Nonprofit Organizations with the help of the Beveridge Foundation

Unrestricted Revenue

Step three is Funder Ready, where teams get support from mentors to build a business model around ideas, design a pilot product, then prepare a pitch to funders. The final step is graduation where teams present everything learned to a panel of funders and business executives in the region. Innovation Accelerator – Innovation. Revenue.

It Takes a Village to Build an Ecosystem

Co Starters

The RAINMAKER has the credibility and ability to engage funders. By Enoch Elwell, CO.STARTERS Founder & Visionary.

Innovation Accelerator's 4th Cohort Graduates!

Unrestricted Revenue

With numerous funders, business and foundation executives all in attendance, they supported, learned, and provided a pathway to potential funding for initiatives realized during the six-month class.

Foundation Executives Praising Newest Graduates of Innovation Accelerator

Unrestricted Revenue

"How did you go this far in such a short time?" "I I see a lot of presentations. Few are as engaging and informative as these. I want to know more. I want to be involved." This pedagogy forces you to share your mistakes with outsiders. Few have the courage to do so.

Calling Bold Nonprofit Leaders

Unrestricted Revenue

Leaders develop new revenue-generating ideas, build business models, gather evidence proving their assumptions, are guided by funders along the way, and at graduation pitch to a panel of funders who want to fund pilot initiatives. If you. Lead a nonprofit and. See the funding landscape shifting under you and. Know that insanity is defined as doing the same things over and over again but expecting different results.

Remind Me Why I Love You? (Why “In Person” is Everything)

Both Sides of the Table

Because you have a unitary focus on financing your company or you die you seem not to miss a beat in thinking about the last meeting and the funder has been whipsawed in 20 directions. You had an amazing meeting with an investor. Your product demo crushed. The dialog was great.

"Money is Local, Impact is Global" for Angel Investing

Onevest

Studies show that over 80% of funding at Angel groups and Series A VCs goes to businesses in the same city/region as the funders. By Michael "Luni" Libes In the traditional world of early stage, Angel and VC investing, money is local.

Where would I go to invest in startups or emerging companies?

Gust

Among the better known ones already in business are AngelList , Funder’s Club , SecondMarket , SeedInvest , Realty Mogul , and Bolstr. The first question you need to ask is “What country are you in?” ” and the second is “Are you an Accredited Investor by that country’s standards?”

All Investing Has Impact

This is going to be BIG.

What that means is that many of the funders of this industry wind up being rich white dudes or family offices of rich white dudes, hence where the dollars are flowing for new business opportunities. I've always had a problem with the term "impact investing". It's as if the investments that you made that aren't part of an impact investing strategy hang from the ceiling Mission Impossible style in a temperature controlled environment making no discernable impact on stakeholder's lives.

Student Startup Nominations Open for 2019 LaunchPad Propel

TechStars

Student ventures should be in the early stage phase, with at least some development of their idea, including an elevator pitch and funder deck, and should also have received some coaching or services from their institution’s LaunchPad program.

Helping entrepreneurs to commercialize technology

Carol Lauffer

Mentors and staff coach the entrepreneurs through the process, and make introductions to funders, legal, and other resources, as needed. Accelerators and incubators can be very effective at helping entrepreneurs to commercialize technology. It starts with having the right process. Assessment is the first step. Then, targeted assistance must be provided over a period of time that may last 3 months or a year. Accelerators and incubators are a natural fit for this process.

How VCs, Accelerators, and Coworking Spaces Put Communities in Buildings vs. Buildings in Communities

This is going to be BIG.

Ideas get poorly vetted because the funders aren't current on tech trends. I'll bet you don't know where the Center of NY's Tech Community and Center of Creativity is. Give up? It's in the Financial District--right at 55 Broad Street. It says so right on their website.

The Surest Sign You’re Winning is When Goliath Takes a Swing at You

Both Sides of the Table

I’ve known Jamie for years — he’s one of Los Angeles’ true innovators — so when we first heard he was starting Ring (then DoorBot) we were immediately interest and have been huge supporters (and funders) since his earliest days.

Access is critical for women entrepreneurs

Carol Lauffer

Before an entrepreneur can contact a prospective funder, she must have a strong business model, knowledge of the capital raising process, and a solid pitch. Access is the biggest barrier to the success of women-led growth companies. One particular challenge is access to equity capital. The statistics show that women-led companies raise far less equity capital than their male counterparts.

Social Media and Thought Leadership for Founders

This is going to be BIG.

However, it’s not an unreasonable ask that there’s some human semblance of you on the internet that a potential hire or funder can find if you’re asking them to commit several years of effort to helping you. Running a startup consumes a ton of time. Just the immediate priorities seem to take up more than one person’s potential working hours—so it’s no surprise that when it comes to something like social media, many founders have trouble making it a priority.

Who Should be on Your Startup Board?

Both Sides of the Table

The place most good founders & funders settle is in setting up an “independent board.” One of the things that founders have the most angst about is whom they should have on their board and at what stage of the business.

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The Glue that Makes a Community Stick

This is going to be BIG.

These folks could become clients, funders, or good places to connect and work over the long term. The other day, I was out at MCU Park in Coney Island, where the Brooklyn Cyclones play. I was chatting with the GM of the team up on the party deck. We turned away from the game to face Brooklyn, and look down at the streetscape below. There were a lot of empty lots and buildings in need of renovation.

Silicon Valley is a surprisingly clubby ecosystem: FC's Alex Mittal

FundersClub

So how is Funders Club different than other VCs? Being an effective founder means questioning current paradigms, asking ‘Is there a better way to do this—and am I the person to do it?’

Accelerators and economic development: is there a fit?

Carol Lauffer

How comfortable will your funders be when local tax dollars are used to assist out-of-area companies (that may not intend to remain in your community after the complete the accelerator program)? When designing an accelerator, economic developers face the question: Should access be strictly limited to entrepreneurs residing within our community or region, or be open to anyone regardless of his or her geographic location? What is the accelerator’s target market or geographic reach?

Why We’re Looking to Fund Stuff With More Meaning

Both Sides of the Table

I’m an equal opportunity funder but having a personal mission a few deals can be healthy, too. Venture Capital is a tricky industry. If you’re funding the same stuff as everybody else and if you started your activities when the clues were obvious you’re much less likely to drive enormous returns. When Fred Wilson funded Twitter I guarantee you it wasn’t obvious that it was a billion dollar idea. Far from it.

What Makes a Great Independent Board Member?

Both Sides of the Table

There was a lot of fighting between founders and funders that the independent quit his job because he didn’t want to get in the middle. When you set up a board it is often initially a combination of the founders and the early investors.

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Will the most successful crowdfunding portals be restricted to accredited investors?

Gust

It’s going to be very crowded, very noisy, and probably not very lucrative for the funders (although it will likely put quite a bit of cash into new startups.) This is an interesting question, and one to which no one really has an answer yet. To some extent it will depend on what the SEC decides to do with the regulations surrounding the whole subject, which they have until the end of the year to write.