ACCEL Jan25D

Program Type: Hybrid (In-person & Online)
Location: Boston, MA and Houston, TX
Investment: Up to $25,000 in non-dilutive grant funding
Program Duration: 1 year
Stage: TRL 2-4
Industry of Focus: climatetech, Cleantech, Agriculture, Buildings, Electricity, Manufacturing, Resiliency + Adaptation, Transportation

Key Highlights

Program Overview: ACCEL, a year-long program by Greentown Labs and Browning the Green Space (BGS), supports BIPOC entrepreneurs developing climatetech solutions. It offers funding, networking, resources, and mentorship to address structural inequities and promote diverse leadership in the climatetech industry.

Diversity, Inclusion, and Exclusion: ACCEL focuses on BIPOC entrepreneurs, embracing intersectionality and encouraging participants to bring their full selves to the program.

Investment Details: Receive up to $25,000 in non-dilutive grant funding.

Benefits Details and Perks/Credits

• Trainings by VentureWell, including customer discovery, pitch decks, financial models, and fundraising.
• Workshops on product development, market strategy, capital raising, legal guidance, and team building.
• Mentorship from industry experts.
• Fundraising and investment support, including pitch-deck development and investor introductions.
• Desk space and membership within Greentown, access to $1M+ in-kind resources, corporate partners, and community resources.
• BGS membership for learning, connecting, and engaging in the clean-energy sector.
• Presentations to investors and industry leaders at public events.
• Enhanced visibility through ACCEL marketing.

Program Format: Year-long program combining acceleration with a curated curriculum, incubation through Greentown Labs membership, and extensive mentorship.

Location or Relocation Requirements: Desk space and membership within Greentown Labs.

Company Types Requirements: Startups at TRL 2-4 with founding and executive teams primarily made up of BIPOC leaders developing climate solutions for agriculture, buildings, electricity, manufacturing, resiliency + adaptation, and transportation sectors.

Founding Team Preferences: Primarily BIPOC leaders.