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Virtual Accelerator

Program Overview

Entrepreneurship for All (EforAll), a nonprofit with a proven track record of helping underrepresented individuals successfully start a business, is running a no-cost, 12-week virtual business accelerator program for individuals residing in Texas.

The Virtual Business Accelerator offers a unique combination of immersive business training, mentorship, and access to an extended professional network. Anyone with a dream to start or grow a business or nonprofit is encouraged to apply.

The program is also offered in Spanish. Leer en español.

Primary Benefits

  • Absolutely no cost to participate. 
  • 100% online
  • Cohort model featuring up to 15 entrepreneurs per class facilitates collaboration and teamwork. 
  • Practical, intensive sessions with content specialists cover critical early-stage business challenges (i.e. value proposition, fundraising, bookkeeping, pricing, social media). 
  • Opportunity to win seed money.
  • A team of up to two dedicated Mentors to guide each entrepreneur to take the business idea to the next level.
  • Proven ability to provide entrepreneurs with increased confidence, clarity, and connections.
  • Lifelong membership in the EforAll community!

How It Works

  • Entrepreneurs attend classes as part of a “cohort” taught by content specialists twice a week. Classes will be entirely online.
  • Classes are held on Tuesdays and Thursdays from 6:00 to 8:30 pm  Central Time (CT).
  • Entrepreneurs meet online with their very own team of up to two mentors for 60 minutes every week to help guide them in taking their idea to the next level.
  • At the end of three months, a Showcase and Celebration event is held for entrepreneurs to celebrate their Accelerator Program accomplishments with friends, family, and the community.
  • Total weekly time commitment is 10-15 hours, including 5 hours of classes, 1 hour of online mentor meetings, and additional time to work on your business.

Eligibility Requirements

The Accelerator Program is open to individuals living in Texas. Ideally, businesses will be located in Texas as well.

Access to a laptop/tablet and a strong wifi connection. EforAll will work to assist entrepreneurs who may not have the required equipment.

Ability to meet twice a week with cohort and once a week with mentors for the entire 12-week program.

EforAll’s program is open to people who are still in the idea stage, people with a hobby looking to take it to the next level, or those looking to pivot and grow an existing business or nonprofit.

Key Accelerator Dates

  • Application Deadline: Wednesday, August 7th, 2024, @ 5pm CT
  • Semi-Finalist Announced: Thursday, August 15th (by the end of the day)
  • Semi-Finalist Interviews:  Week of August 20th
  • Finalists Announced: Friday, August 30th
  • Entrepreneur Orientation: Tuesday, September 3rd
  • Mentor Matching:  Wednesday, September 11 & Thursday, September 12
  • Intensive Business Training and Weekly Mentor Meetings: Tuesday, September 17th – Thursday, December 5th, 2024
  • Final Presentations: December 10th and 12th
  • Showcase and Celebration: Thursday, January 17th, 2025

FAQs

A: Yes, you must live in Texas. Ideally, businesses will be located in Texas as well.

A: No. This 12-week Virtual Accelerator program is only open to residents of Arizona, California, and Texas at this time. You can find a complete list of communities offering our existing program under the Communities tab.

A: You are a good fit for EforAll if you can answer yes to these questions!

  • Are you looking to launch a business or move your business forward?
  • Are you interested in practical, hands-on learning and coaching with a group of other entrepreneurs like you?
  • Are you open to constructive criticism to benefit your business?

If you answered yes to these questions, then you should be a good fit. Our staff is always happy to speak with you about your business before you apply.

A: EforAll is interested in ideas from all industries – including nonprofits.

A: A business plan is not required. You just need to show us your passion, dedication, and indicate that you’ve done some initial research.

A: One co-founder should serve as the point person and commit to attending all classes, mentor meetings and events. If other co-founder(s) can join for some meetings, it is helpful but not required. For the initial interview, it is ideal if all founders are present if possible.

Amanda “Kai” Childs

Executive Director

Von Marie Moniz

Virtual EforAll Program Experience Manager
diana dominguez

Diana Dominguez

Virtual EforAll Mentor/Volunteer Experience Manager