Propeller’s Impact Accelerator, sponsored by Advancing Cities, Blue Cross Blue Shield of Louisiana, Capital One Bank, Entergy Corporation, the Greater New Orleans Foundation, Hancock Whitney Bank, The RosaMary Foundation, Thrive, New Orleans, US Department of Agriculture, US Small Business Administration, the Weishaupt Foundation, and the W.K. Kellogg Foundation is an interactive 4-month accelerator program that provides entrepreneurs with coaching, community building, curriculum, and technical assistance.
Donor Name: Propeller
State: Louisiana
City: New Orleans
Type of Grant: Accelerator
Deadline (mm/dd/yyyy): 05/15/2022
Grant Duration: 4 Months
Details:
Propeller invites entrepreneurs and leaders from mission-driven organizations to apply for their Impact Accelerator, an interactive 4-month program that helps startup entrepreneurs bring their idea from vision to reality and helps existing entrepreneurs scale their impact and reach. Accessing capital (for-profit and nonprofit), contracts, customers, and community are key components of the Accelerator, and they accomplish this through a vast and experienced network of mentors, strategy consultants, subject matter experts, program staff, and a community of entrepreneurs, and curriculum. The program enables entrepreneurs to build ventures grounded in financial viability, social impact, racial equity, and a demonstrated commitment to the prosperity of their city and region.
Focus Areas
- Community Economic Development
- Education
- Food
- Health
- Water
Program Dates
- July 23 – November 15
Propeller Entrepreneur Profile
They support entrepreneurs, centering on those who are Black, native New Orleanians, who view their businesses as a catalyst for positive change, and those who advance anti-racism initiatives. As a member of the Propeller community, their entrepreneurs are encouraged to work collaboratively with persistence, resourcefulness, and a commitment to equity. This may be demonstrated by those who:
- Possess a willingness to grow, reflect, and learn.
- Approach problem solving with effort and curiosity.
- Set ambitious yet feasible goals and take initiative to follow through on progress towards those goals.
- Communicate barriers and demonstrate vulnerability in facing the challenges and realities of entrepreneurship.
- Work in collaboration with fellow entrepreneurs and Propeller staff towards fostering a stronger, more equitable entrepreneurial ecosystem in New Orleans.
- Commit to the incorporation of the values of racial equity within their business operations, while centering the well-being of Black, native New Orleanians in particular.
For more information, visit Propeller’s Impact Accelerator.
