Elevate Accelerator engages with Black and Latinx founders of early-stage companies based in the St. Louis region. Founders commit to a six-month curriculum that connects them to mentorship and resources. By the end of the program, companies exit with an expanded network, a developed portfolio, and secured investment.
Frequently Asked Questions
+ What is an accelerator?
Accelerators are programs that offer a range of support services and funding opportunities for startups. They tend to work by enrolling startups in months-long programs that offer mentorship, office space and supply chain resources. More importantly, business accelerator programs offer access to capital and investment in return for startup equity. Startups essentially ‘graduate’ from their accelerator program after a number of months — which means that development projects are time-sensitive and intensive.
+ What are the commitments?
The total commitment for the Elevate/Elevar Accelerator is 180 hours. That breaks down to 45 hours per the first 3 months, and 15 hours per the last 3 months.
+ What is the cost?
There is no cost to founders to participate.
+ Do I qualify?
- You identify as Black and/or Latinx
- You run an early-stage company with demonstrated traction
- You work in industries that create living wage jobs for community-members living in poverty
- You commit to your company full time or agree to make the leap if accepted into the cohort
- Your company is based in the St. Louis region
Still unsure? Email email@example.com.
+ Do co-founders apply together?
+ What will I gain from participating?
During the accelerator companies access a variety of mentorship and resources to scale their businesses.
Companies exit Elevate with an expanded network, a developed portfolio, and secured investment.
+ What are the steps in the application process?
- Request an application.
- Submit your application.
- Application review & interviews.
- Community vote.
- Inagural cohort announced.
+ How large is each cohort?
Each cohort includes 10 founders.