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Participating Accelerators Announced for First-Ever Accelerator Demo Day

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Participating Accelerators Announced for First-Ever Accelerator Demo Day

By ngoriel, SBA Official
Published: July 15, 2013 Updated: July 16, 2013

Note: This blog is by Pravina Raghavan, Director, SBA Office of Investments & Innovation

On Friday, July 19, 16 diverse business accelerators from across the country will gather at Washington, D.C. accelerator, 1776, to pitch their programs as part of the inaugural Accelerator Demo Day--jointly organized by the U.S. Small Business Administration (SBA) and the Global Accelerator Network (GAN). 

Accelerators serve a valuable role in the entrepreneurial ecosystem, providing a mentoring and networking component to help start-ups avoid pitfalls and give them the skills necessary to raise capital. Accelerator Demo Day builds on SBA’s broader efforts to foster high-growth entrepreneurship in local communities across the country--efforts which include the proposed $5 million in the agency’s FY 2014 budget to launch a Growth Accelerators initiative aimed at increasing the likelihood of success for first-time entrepreneurs.

The event will feature welcome remarks by SBA Administrator Karen Mills, and Patrick Reilly, Executive Director of GAN.  Participating accelerators will each have five minutes to make their case for capital to potential funders including the Case Foundation, Rockefeller Foundation, the Blackstone Foundation.  Attendees will also have opportunity to network and connect with SBA resources for start-ups and accelerators.

If you are interested in funding Accelerator Demo Day or attending as a member of the public, please visit  http://sbaaccelerator.eventbrite.com/ (password: sba).

Accelerators pitching at Demo Day include:

  • ARK Accelerator (Arkansas): Mentorship-driven program for local technology startups in the retail, transportation and logistics, and food processing sectors.
  • Socratic Labs (New York): An NYC based edtech accelerator using lean-startup practices.  Is open-sourcing their accelerator curriculum to share educational tools among interested high growth partners.
  • NW Social Venture Fund (Oregon): Impact investment fund that targets scalable social business opportunities.
  • Betaspring (Rhode Island): Accelerator and co-working space that uses an immersion model to provide high-growth, technology-driven startups with intensive mentorship and seed capital. Betaspring has launched more physical technology companies than any other accelerator.
  • The Idea Village (Louisiana): Nonprofit accelerator founded in 2000 to identify, fund, support, and retain start-up ventures in New Orleans.
  • Village Capital (Georgia): Global accelerator supporting mission-driven entrepreneurs across six continents and multiple industries.
  • Points of Light Civic Accelerator (Georgia): Nation’s first start-up accelerator program focusing on “civic ventures” – enterprises that inspire, equip and mobilize people to promote social change in the areas of education, the environment, economic development, and tech for good platforms.
  • Venture Hive (Florida): Technology accelerator based on economic development principles, recruiting new talent in the healthcare, travel/hospitality, and creative industry verticals.
  • Capital Factory (Texas): Seed accelerator that offers mentorship, co-working space, and educational programs to capital-efficient technology startups.
  • AlphaLab (Pennsylvania): Start-up accelerator that provides seed capital, mentorship, educational sessions, and office space to local technology companies, primarily in the web services, software, mobile, gaming, physical products, and consumer internet sectors.  AlphaLab’s new program, AlphaLab Gear, focuses on robotics and hardware.
  • Mass Challenge (Massachusetts): Early-stage, 4-month accelerator program that provides $1M in cash awards and more than $10M in in-kind support to start-ups across geographies and sectors.
  • VentureSpur (Oklahoma): Venture accelerator and seed capital fund dedicated to identifying and developing early-stage, high-growth companies in the region.
  • Brandery (Ohio): Seed-stage, 4-month accelerator program that provides businesses with mentorship and funding to support consumer marketing and branding.
  • New York Digital Health Accelerator (New York): Accelerator program supporting early- and growth-stage digital health companies developing cutting-edge technology products in care coordination, patient engagement, analytics and message alerts for healthcare providers. It is operated jointly by the New York eHealth Collaborative and the Partnership Fund of New York City.
  • Springboard Enterprises (DC) – Springboard is an accelerator in Washington, D.C. focused on women-led companies. They have been in operation for 12 years and have helped 500 women-led companies across high-growth industries to access a powerful network of innovators, investors, industry experts and influencers to help them scale.
  • Tech Wildcatters (Texas) –Tech Wildcatters is a Texas-based accelerator focused on B2B and B2B2C tech companies.  They provide initial seed investment and mentorship for start-ups that are in the early stages of funding and development.

About the Author:

Natale Goriel

SBA Official

Hi, my name is Natale and I'm serving as a Moderator for the SBA Community. Our goal is to continually improve this site to meet your needs, so we appreciate your feedback and participation.

Comments:

I am only now learning about Accelerators and their role in small business finance. I would love to have a mentor to teach me how to raise more capital. The SBA itself is wonderful, but they can only do so much.
Yes .Accelerators serve a valuable role in the entrepreneurial ecosystem, providing a mentoring and networking component to help start-ups avoid pitfalls and give them the skills necessary to raise capital. This post was edited to remove a link. Please review our Community Best Practices for more information about how best to participate in our online discussions. Thank you.

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