GroundFloor Accelerator Program *GREENLIGHTS* We are focused on investing in organizations that tackle the challenges facing North Texas and help us reach the regions community goals in the areas of education, income, and health.
Accelerator / Incubator
The GroundFloor impact accelerator fund at United Way of Metropolitan Dallas invests in and supports innovative companies that place social impact at the heart of their business model. We are focused on investing in organizations that tackle the challenges facing North Texas and help us reach the region’s community goals in the areas of education, income, and health.
Drawing on the strength of United Way of Metropolitan Dallas and supporters from across the community, the GroundFloor provides a three-prong investment approach:
financial capital for seed and early-stage ventures;
human capital from our world class mentors representing leaders in the areas of entrepreneurship, academics, public policy and the social sector; and,
social capital through connecting our portfolio companies with resources from over 1000 corporate partners and over 80 service providers.
PROGRAM DETAILS AND REQUIREMENTS
At the GroundFloor, we know that startups have their own special challenges. Not only are you breaking new ground with your innovative solution, you’re also working to establish your organization in the community. We support early-stage social ventures working in North Texas, through our GroundFloor Startup Accelerator, a 10-month fellowship that helps social entrepreneurs lay a strong foundation for the future. In addition to the mentoring that is core to all of our investments, Startup Accelerator participants attend a workshop series designed to guide their ventures to financial sustainability and social impact targets.
Our Accelerator program provides Fellows with services and support valued at more than $6000.
The GroundFloor Startup Accelerator runs annually, October-June.
One-on-One Mentorship: Our mentors have experience in a variety of fields and are paired with Fellows based on need and expertise. Mentoring can range from providing an overall sounding board and your business develops, or more strategic problem solving in specific areas:
Accounting: QuickBooks training, tax advice, ect
Legal: Contracts, leases, corporate structure, trademarks, non-disclosure agreements, ect
Financial: cash-flow analysis, financial modeling, business plan assessments, ect
Marketing: website development, photography, public relations, logo and collateral design, ect
Technical: programming, software development, ect
Peer Learning: GroundFloor Fellows navigate the Accelerator as a group and benefit by watching and learning from each other. An important component of the program is building a camaraderie with a group of like-minded entrepreneurs who can serve as support and resource in the future.
Workshops: GroundFloor Workshops cover a variety of topics that are valuable to early-stage ventures. These topics can include: pitching, marketing, board development, legal structure, social media strategy, accounting, crowd funding and measuring impact.
Increased Visibility: The social capital of the United Way of Metropolitan Dallas helps to shine attention on GroundFloor Fellows through media coverage and participation in community-wide events.
GroundFloor Staff: We are here to help you reach your goals. After an initial assessment of your organization, we will work with you to establish short and long-term goals that we will work towards achieving during the 10-month program. We strive to provide accountability and to create forward momentum for our Fellows.
For more Information
SUPPORTING VENTURES IN THESE SECTORS
- Employment, Livelihood, Income Generation
- Financial Serv./Inclusion, Microfinance
- Food and Nutrition
supporting ventures in these regions
- US, Canada
TYPES OF COMPANIES ACCEPTED
- For Profit