Get $10K to Accelerate your Social Impact Startup
Join our 3-month Impact Accelerator and receive $10K in seed investment, expert mentorship, and workspace at Impact Hub, CIC Boston. Pitch to the local innovation community on Demo Day.
Best practices, tools and mentorship to grow your social impact startup
Apply a proven social entrepreneurship framework including MIT’s “Disciplined Entrepreneurship”, Google Venture’s “Sprint”, “Theory of Change”, HubSpot’s “FlyWheel”, Drift’s “Conversational Marketing”, Village Capital’s “VIRAL” frameworks and more to grow your social impact startup. Receive expert mentorship and community support to guide you through the process.
Apply the “Disciplined Entrepreneurship” canvas to assess your startup’s progress and identify areas for improvement.
Understand key characteristics that lead to high performing teams. Define your decision-making process.
Apply Village Capital’s VIRAL framework to evaluate your startup’s stage / progress. Learn to communicate your startup’s stage, milestones and metrics to investors.
Set your Objectives and Key Results, “a management methodology that helps to ensure that the company focuses efforts on the same important issues throughout the organization” as defined by John Doerr in “Measure What Matters”. This methodology has been successfully applied by Intel, Google, Amazon, Bill Gates Foundation, LinkedIn, Twitter, Spotify, Adobe and Accenture.
Review the selection of your beachhead market and target customer.
Define your social impact startup’s purpose, values and culture using the “Team” canvas. Understand your team’s strengths and identify any gaps you’d like to fill.
Apply Sprint to design and test a prototype with customers to validate key product assumptions. Develop a product plan based on feedback received.
Refine your value proposition, core and competitive positioning.
Refine your go-to-market strategy and design your customer acquisition process applying HubSpot’s “FlyWheel” framework and Drift’s “Conversational Marketing” framework.
Evaluate various business models to maximize value creation for your customer and align timing of value creation with your payouts. Compute your startup’s unit economics (LTV and COCA) to validate it is a sustainable in the long-term.
Develop your Theory of Change with clear impact metrics to communicate your social impact with all stakeholders.
Apply Andy Raskin’s “Strategic Storytelling” framework to develop your strategic narrative. Prepare to pitch your social impact startup to the local innovation community on Demo Day.
Develop a fundraising strategy and identify best-fit funding sources. Learn about crowdfunding options available.
Pitch to the local innovation community in Boston. Launch a crowdfunding campaign (optional).
Meet our Alumni
Co-Founder, EatWell Meal Kits
Co-Founder, EatWell Meal Kits
Product Manager, Watts Water Technologies
Co-Founder and Executive Director, Green Gas
Co-Founder and Operations Director, Green Gas
Equity Back Guarantee
In order to reduce risk for entrepreneurs, we offer an equity back guarantee subject to certain limitations. Teams may repurchase their equity stake at the purchase price within 3 days after the end of the Accelerator program if they deem that the program has not provided value to their company.
Who should Apply?
Social impact startups that have already gotten customer validation and are refining their product, customer acquisition strategy, business model and investment pitch.
Social Entrepreneurship Platform
Launch your startup at your own pace. Join our community using online lectures, quizzes, milestone deliverables and feedback, group webinars, discussion forum and tools to research, design, build, test and collaborate on their social impact startups.
Validate your startup idea in a few weeks. Receive 1-1 mentorship from BonBillo mentors and advisors along with our Social Entrepreneurship Platform.
Get $10K to Accelerate your Social Impact Startup. Pitch to the local innovation community on Demo Day.
6th September – 19th November 2021
Now accepting applications.