Atelier is a Houston-based design and fashion brand. Digalyne is a remote-in-action digital strategy collective and operates remotely. Ajia Allen, Digalyneĭigalyne is a firm that provides digital strategy consulting for small and mid-sized businesses, helping them to embrace digital using Agile methodologies and human-centered design. They also help companies expand and maintain a strong Black workforce. Christabel Agbonkonkon, BlackUp TechnologiesīlackUp Technologies is a Dallas-based company that uses AI and ML tech to connect black professionals to open jobs. They create a premium candle line for their customers and aim to deliver orders within two to three weeks. Private Label by Velavida of Richardson offers private-label candles with low minimum orders. Here are the founders and companies in the cohort: Anthony Hester Jr., Private Label by Velavida To culminate the program, Impact Ventures will have a graduation ceremony for its current founders and features a live pitch for qualifying founders to win cash prizes. The organization will host a community happy hour at Pegasus Park on June 21. Impact Ventures said that via the program, it offers an opportunity for the community at large to meet and engage with its current and past cohort members. Presented by Santander Consumer USA, it’s supported in part by Bank of America, Charles Schwab, Comerica, JPMorgan Chase, Hillcrest Bank, Capital One, Stand Together, Communities Foundation of Texas, and The Dallas Foundation. The accelerator has support from more than 50 mentors from various industries such as finance, product, and sales. In recent years, the program was held twice a year, but major updates to the program including upgrades in technology and added staff shifted the program timing.Īdditional program verticals also are in the works to launch in 2024, Vann says. This group is Impact Ventures’ seventh cohort. Participating businesses must be in business for at least two years, located in North Texas or U.S.-based, and have between $50,000 to $250,000 in revenue. The program targets outcomes of job creation, revenue growth, and capital readiness for businesses that are tech or tech-enabled, consumer products or goods, and growth-oriented service-based, Impact Ventures said. Impact Ventures said the entrepreneurs must be accepted into the program through an application process that evaluates the viability and readiness of the business. The introduction of Impact Ventures’ Impact Growth Accelerator now provides founders with precisely that chance, Vann said, noting the nonprofit’s mission to reduce wealth disparity in North Texas and beyond. “What we’ve heard from our founders is that due to barriers in accessing capital, they’re taking every opportunity they can to build connections and acquire funding.” “Utilizing survey feedback from past programs, we’ve integrated a new platform for entrepreneurs to be able to access resources, check-in with their mentors, book appointments with staff, and follow curriculum all in one place,” Vann said in a statement. Vann, Impact Ventures founder and CEO, says its team has spent the past four months revamping the accelerator. Impact Ventures is a nonprofit 501c3 organization and startup accelerator with a mission to empower “talented, yet underestimated” women and communities of color to create generational wealth through inclusive entrepreneurship and integrated capital.īenjamin J. Dallas-based Impact Ventures announced 10 businesses in its Summer 2023 Impact Growth Accelerator presented by Santander Consumer Bank, who will receive education, training, mentorship, and funding opportunities via the program.
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