The Accelerate program offers direction, mentoring, capital, and long term assistance with your business. We provide a support system for companies and founders. Be better prepared for future funding, peace of mind, and more!
Must be a Minority founder with 51% ownership of their company and identify as Black American or of African decent
Company must be in development stage or pre-seed stage (Completed some customer discovery)
Company must obtain Delaware C-Corp formation by the end of the program (We will help you with this)
Company must not have raised any institutional funding (crowd funding/equity and friends & family rounds allowed)
Applicants undergo an interview process and are then inducted into the program based on their ability to demonstrate they have a grasp of what it takes to run a startup company. Once in the program, we take the company to the next level by providing cohesive mentorship. Companies will have weekly meetings with mentors, monthly meetings with peers, and gain access to a network of people and tools to help grow their business for 12 months. After completion of the program, companies may become eligible for investment from the program.
Bantunium Labs has made a commitment to assist other organizations and accelerator programs with solving diversity and inclusion initiatives by providing highly vetted and prepared companies to help bolster their portfolios. Completion of the Accelerator program should see companies launched with traction and ready for funding rounds or larger scale bootstrapping.
What to Expect
Expect to work hard. You are the beginning and the end of your business. If you are not willing to invest the time, effort, and money to grow your business, this is not the program for you. You will be drilled through the business model canvas process and lean startup methodology to grow your business. Listening to the advice given by mentors could be the difference between progress and stagnation.
Virtual and Face to Face Participation available for founders to grow their companies but being in the Atlanta area is preferred for access to resources. Program fee covers program materials, weekly mentor meetings, and access to partnership resources such as legal, banking, funding, and technology.
Ready to get started? Let's do it!
Limited to 20 companies per term.