Accelerator Programs
#AddToCart Retail & eCommerce Fellowship & Accelerator
Did you know beauty, health, and wellness is the one industry that continues to grow while others slow in the looming recession? Did you know Black women buy from and start businesses in this industry more than any other demographic (61% compared with 41% of white women & 35% of white men). Did you know Beauty, Health and Wellness is venture-backable? #AddToCart Retail and E-Commerce Fellowship is a 1-year program focused on Black and Latinx Women led CPG, beauty, health, and wellness companies. Each year we will choose five Black women entrepreneurs who are building the future of CPG, Health, Beauty, and Wellness companies to participate in our Black Futures Week pitch.
Each woman chosen will receive a $5,000 grant, resources, and support under our 4Cap Model:
Monetary Capital - Equity and revenue-based capital to help build inventory and scale processes;
Infrastructure Capital - Access to product development labs, manufacturing, bottling, distribution and shipping facility to scale their distribution;
Human Capital - A dedicated team of experts to support entrepreneurs to help them implement and scale their processes and strategies;
Technical Capital - Building a data-driven, robust tech stack to manage their online and e-commerce platform.
Requirements:
Black or Latinx woman-led companies
Have been in business at least 1 year
Products being sold online or in retail OR products being developed to be sold online or in retail
Has made at least $5,000 in sales
Selling products online via an eCommerce platform (Shopify, WooCommerce, Wix, or similar)
Can dedicate 10-20 hours a week working with the Be Nimble Foundation team
Based in Indiana, Ohio, or Kentucky
Deadline: May 10, 2024 @ 11:59pm
This program is supported by Eli Lilly & Co, Cummins, and IAAQLI
Do you want to learn more? register here and Join the Be Nimble and Sixty8 Capital Teams for an AMA meets workshop
Be Nimble Idea-Stage Accelerator
The Be Nimble Idea-Stage Accelerator is a pilot program for Black and Brown founders with an amazing tech idea they are looking to validate. Completion of this program will prep founders to build their MVP (minimum viable product), and get them prepared for our early-stage accelerator or other programs geared towards idea-stage founders.
We will teach you:
Business set-up
Create your value proposition (what are you building and for who?)
Market validation and research
Deep customer analysis
Pricing model
Revenue model
Strategic partners
One-page business plan
Pitch deck creation
Deadline: April 30, 2023 @ 11:59pm
Melon Kitchen x Be Nimble Food Entrepreneurship Accelerator
Melon Kitchen is a ghost kitchen and training platform for emerging Black and Brown chefs and food entrepreneurs. In partnership with 16 Tech, this three-month program will take emerging food entrepreneurs from idea to test kitchen to revenue generation. After the 3-month program, chefs will be prepared to open their own concepts, whether they are brick and mortar restaurants, food trucks, or take-out/delivery only restaurants.
This program will prep emerging chefs to:
Finalize their business plan
Licensing and legal set-up
Menu preparation
Pricing and revenue strategy
Hiring staff
Pitch to investors
Deadline: September 30, 2024 @ 11:59pm
This program is supported by Eli Lilly & Co, Cummins, The City of Indianapolis, and JP Morgan Chase