Northwestern Mutual Black Founder Accelerator 2022

Applications for the Northwestern Mutual Black Founder Accelerator 2022 are now open. The Northwestern Mutual Black Founder Accelerator, powered by gener8tor invests in up to ten high-growth startups per year (two cohorts of five) founded by Black entrepreneurs.

Black founders receive less than one percent of venture capital funding annually and Northwestern Mutual and gener8tor are committed to investing in and supporting Black entrepreneurs to help close this funding gap and advance their companies and communities.

• Table of Content
• About Northwestern Mutual Black Founder Accelerator
• Northwestern Mutual Black Founder Accelerator
• Aim and Benefits of Northwestern Mutual Black Founder Accelerator
• Requirements for Northwestern Mutual Black Founder Accelerator Qualification
• Application Deadline
• How to Apply

About Northwestern Mutual Black Founder Accelerator

Black founders receive less than one percent of venture capital funding annually and Northwestern Mutual and gener8tor are committed to investing in and supporting Black entrepreneurs to help close this funding gap and advance their companies and our communities.  Northwestern Mutual Black Founder Accelerator invests in up to ten companies per year (two cohorts of five) led by Black founders. In addition to a $100,000 investment, each participating startup will receive a concierge experience during the 12-week accelerator program. gener8tor and Northwestern Mutual will suppor... continue reading

Northwestern Mutual Black Founder Accelerator

Application Deadline	29 Apr 2022
Type	Entrepreneurs
Sponsor	Northwestern Mutual Black Founder Accelerator
Gender	Men and Women

Aim and Benefits of Northwestern Mutual Black Founder Accelerator

• $100,000 investment directly into your current round (if raising) or uncapped convertible note (if not currently raising).
• Concierge experience during the 12-week accelerator program.
• Office space in Northwestern Mutual’s Cream City Labs.
• 1:1 coaching from gener8tor and Northwestern Mutual’s network of mentors, investors and industry experts.

Requirements for Northwestern Mutual Black Founder Accelerator Qualification

• A company with respect to which:
  • one or more individuals with the title of “Founder”, “Co-Founder” or “CEO” identifies as Black or African American;
  • at least twenty percent (20%) of the equity ownership interests are held by one more or more individuals who identify as Black or African American; and
  • such individuals have a significant role in the decision-making process.
• Companies must also fit within the investment priorities of Northwestern Mutual Future Ventures:
  • Fintech
  • Insurtech
  • Digital Health
  • Data Analytics

Application Deadline

April 29, 2022

How to Apply

Interested and qualified? Go to Northwestern Mutual Black Founder Accelerator on airtable.com to apply

 

For more details, visit the wibsite.