Yesterday formal programing for the summer accelerator launched. Our cohort of nine startups —focused on a range of issues, from using technology to get food to the hungry to expanding financial access to prioritizing clean energy to power smart devices—gathered at BlackRock in San Francisco. The theme of the day was data. Our team received training from industry leaders like Benn Stancil, co-founder and Chief Analyst at MODE, Scott Roen, Head of Digital Marketing at BlackRock, and Josh Nesbit, CEO of Medic Mobile.
Over the course of twelve weeks, participants will receive a range of support including seed funding from Google.org and BlackRock, pro bono services, and connections. The program culminates with a series of Demo Days.
This year’s accelerator builds on our success last year. In 2014 we accelerated five companies, helped them grow their products and raise an average of over half a million dollars. This year, the nine tech nonprofits we’re supporting will go through 13 weeks of training. They receive essential training from 75+ leaders from the tech and philanthropic community. These leaders range from Aston Motes of Dropbox and Dana Stalder of Matrix Partners to Charles Best, Founder and CEO of DonorsChoose, Amy Hunter, Director, Corporate Philanthropy at BlackRock and Jacquelline Fuller, Head of Google.org.
Alongside co-sponsors Google and BlackRock, other firms participating in this summer’s program include AirBnB, Indiegogo, and Mozilla. The mix of firms will help organizations gain invaluable information on business model development, growth hacking, board formation, and donor relations amongst other topics.
This is an exciting chapter for the tech community and we’re excited to be on the front lines of it. As Deborah Winshel, Global Head of BlackRock Impact and Corporate Philanthropy put it to me, “we see a great opportunity to dedicate our resources and expertise to help these startups develop their powerful ideas.”
Check back for weekly updates from the participating organizations.