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Democratizing Entrepreneurship
 * Home
 * The Need
 * About Find Ventures
 * Our Team
 * Get Involved
 * Equitable Innovations Accelerator
 * The Port Gen Accelerator
 * Contact Us
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ABOUT THE EQUITABLE INNOVATIONS ACCELERATOR



The Equitable Innovations Accelerator (EIA) with support from the Washington
State Department of Commerce is a first-of-its-kind program fueling the start-up
community at the earliest stage of business development. It aims to make
“entrepreneurship for all” a reality by prioritizing entrepreneurs from
historically marginalized communities. The EIA will provide 10 tech start-ups
with up to $100K in non-dilutive philanthropic grants, programming, and access
to mentors and coaches.

Founders accepted into this program from potential venture-scale tech startups
will demonstrate their diverse executive leadership, will have a minimum viable
product or a product representing tech transfers from Washington-based research
institutions, will be under $1 million in annual revenue, and headquartered in
Washington.

Apply now


WANT MORE INFORMATION? SIGN UP FOR AN INFO SESSION!



Join us and our programming team for an overview of the Equitable Innovations
Accelerator and Q&A session about the application, the program, and other
topics. Sign up for our last Q&A session on Friday, January 14.

RSVP for the Jan 14 – Q&A Session
Watch the Dec 6 – Q&A Session


WANT TO BE A PART OF THE MOVEMENT? CONTRIBUTE!



Funding for the Equitable Innovations Accelerator’s Fund is currently being
secured from private donors and will be distributed to start-up founders
throughout the accelerator program in 2022.

Make a donation here


FREQUENTLY ASKED QUESTIONS (FAQS)


GOALS + PROGRAM

Why did you create the Equitable Innovations Accelerator?

Find Ventures and the Washington State Department of Commerce share a vision and
passion to create a world where all entrepreneurs, regardless of ethnicity,
gender, ability, or sexual orientation, have an equitable opportunity in
building companies and a confident shot at solving our greatest challenges. Yet,
access to first financing rounds is difficult for a brand-new founder,
especially if they are women, Black, Latin, Indigenous, people of color, women,
LGBTQIA+ or non- binary, and verges on impossible for those without connections
to mentors, investors, talent and resources. 

The Equitable Innovations Accelerator is the solution to clear this roadblock
and fuel a diverse cohort of start-up founders at the earliest stage of business
development. 

What are the benefits of participating in the Equitable Innovations Accelerator
program?

The Equitable Innovations Accelerator starts an unprecedented program to provide
10 tech startups with up to $100K in philanthropic grants, startup programming,
and access to mentors/ coaches to enable them to equitable pursue their business
goals. Philanthropic support for the first Equitable Innovations Accelerator
cohorts will be returned repeatedly, as successful founders/startups are
encouraged to pay it forward and invest in the Find Ventures Fund by signing a
non-binding pledge to support the future cohorts when they reach Series B or
sustainable revenue. 

Who is eligible to apply?

The ideal participant of the Equitable Innovations Accelerator will be the
founder or CEO of potential venture-scale tech startup that:

 * Has at least one founder that is Black, Latinx, Native American, female/non-
   binary, disabled, a veteran, refugee, and/or LGBTQ;
 * Has a team or a co-founder;
 * Has a product or service that is at least a Minimum Viable Product. We will
   also consider products/services representing tech transfer from WA-based
   research institutions;
 * Has a technology-based product or service, or a tech-enabled product or
   service serving any of Washington’s vital business sectors (maritime,
   aerospace, agriculture, manufacturing, etc);
 * Is below $1M in annual revenue or below;
 * Is headquartered in Washington, with a preference for startups located in
   rural areas.

Why up to $100K for a pre-seed investment?

It has been shown that this level of pre-seed investment allows for businesses
to reach significant milestones such as product development, or customer
acquisition as example, that make them well-positioned to grow and secure
follow-on funding (if needed).




APPLICATIONS

How do I apply? When will I find out if I am selected as a cohort participant? 

Applications will be accepted from Thursday, November 18, 2021 until Monday,
January 31, 2022 on the F6s platform, found here. Our team will review
applicants and inform selected semi-finalists on February 15, 2022;
semi-finalists will be invited to provide further information and interview with
program team. Final cohort determinations will be made by March 18th, 2022.
Programming for the Equitable Innovations Accelerator will begin in April and
continue throughout 2022. 

How do you choose which companies to accept into the program?

Our review committee will select applicants that best meet the goals of the
Equitable Innovations Accelerator project. We specifically seek venture-scale
tech startups that have a technology-based product or service, or a tech-enabled
product or service serving any of Washington’s vital business sectors, and will
be headquartered in Washington, with a preference for startups located in rural
areas.

My company is not based in Washington. Can I apply?

The Equitable Innovations Accelerator seeks to broadly support start-up tech
companies in Washington, specifically those from diverse founders and those in
rural communities. 

My company is not founded by a woman or person of color. Can I apply? 

The Equitable Innovations Accelerator seeks to support venture-scale tech
startups that have a technology-based product or service, or a tech-enabled
product or service serving any of Washington’s vital business sectors. While we
are prioritizing minority and women-owned businesses for this program, we
actively encourage all companies with underrepresented founders that could
benefit from the program to apply.

How can I find out more about the Equitable Innovations Accelerator? 

Find Ventures will be holding two Q&A events for potential applicants:

 * Monday, December 6, 2021 // 9 AM – 10:30 AM PST
 * Friday, January 14, 2022 // 1 PM – 2:30 PM PST

Written reports of the questions and answers as well as the recorded events can
be watched at https://www.findventures.org/equitable-innovator-accelerator/
following the event.




Check out our past accelerator





info@findventures.org

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