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OKC Latino Accelerator for For-Profit businesses in Oklahoma

This program, run in partnership with the Alliance for Economic Development of Oklahoma City, provides a learning platform for the next generation of Latino-owned businesses in Oklahoma City to develop a path to grow their business to one million dollars in revenue.

Donor Name: StitchCrew

State: Oklahoma

City: Oklahoma city

Type of Grant: Accelerator

Deadline: 02/10/2023

Size of the Grant: $15,000

Grant Duration: 8 weeks

Details:

Alongside StitchCrew and business experts, participants will have the opportunity to refine and scale their approach to build scalable business models and compound revenue.

Benefits

Selected participants will receive:

  • A non-dilutive $15,000 stipend.
  • Access to working space at the Oklahoma City Thunder Launchpad.
  • Business Coaching from StitchCrew, Investors, Executives as well as our extended network of business leaders.
  • Weekly content to help you dive deep into relevant topics during group working sessions and one-on-one meetings.
  • Community with other Founders.

At the end the program participants will have the opportunity to showcase their products and stories to the community.

Funding Information

Selected participants will receive a $15,000 non-dilutive grant, access to working space at the Thunder Launchpad and learn from Industry Executives, Investors and business leaders.

Selected companies must commit to having at least one Founder participate in:
  • An 8 week program that will run in the Spring  of 2023
  • Weekly sessions (2-3 hours per week)
  • Office Hours (optional and as needed)
  • An in-person, half day event
Overall time commitment will require about 4 hours every week. Additional opportunities to engage with Capital Providers, Executives and/or Thought Leaders in the space will be available throughout the program. As these opportunities present, they’ll be communicated well in advance to selected participants.

Eligibility Criteria

To be considered, companies must be:

  • For-profit businesses, registered with the Oklahoma Secretary of State
  • Minority- Owned
  • 100 or fewer Full Time Employees
  • Based within Oklahoma City limits

Because participants will be receiving funding from the American Rescue Plan Act, they cannot accept:

  • Businesses with any outstanding business-related liens or judgments
  • Businesses that are in active default (not on a payment plan) with taxes or fees owed to the City of Oklahoma City
  • Government-owned entities or elected official offices
  • Businesses primarily engaged in political or lobbying activities
  • Businesses engaged in any illegal activity
  • Any business related to the medical marijuana industry

For more information, visit OKC Latino Accelerator.

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