Boston Impact Accelerator
Get $10K to Accelerate your Social Impact Startup
Join our 3-month Impact Accelerator and receive $10K in seed investment, expert mentorship, and workspace at Impact Hub, CIC Boston. Pitch to the local innovation community on Demo Day.
Apply MIT's "Disciplined Entrepreneurship", Google Venture's "Sprint", "Theory of Change", HubSpot's "FlyWheel", Drift's "Conversational Marketing" frameworks and more to grow your social impact startup.
Expert Mentors from organizations such as MassChallenge, Startupbootcamp, MIT's Legatum Center, BlackRock, Acumen Fund, Michael and Susan Dell Foundation, Accenture and E&Y provide guidance to grow your successful social impact startup.
Become conversant in Village Capital's VIRAL framework that investors use to validate a startup's stage / progress. Learn to communicate your startup's stage, milestones and metrics in your investment pitch. Get a 6 month membership with our partner, The Capital Network, to guide you through the fundraising process.
Build a high-performing team with a clear purpose, complementary skills and shared values. Understand your team's strengths and identify any gaps to fill.
Join our vibrant community with full-time office space and amenities at Impact Hub, CIC Boston.
Receive benefits and discounts worth more than $50,000 from our partners including HubSpot for Startups, Amazon Web Services, Google Cloud for Startups Program, Shoobx, Miro, Customer Camp and EllisX, to help you launch and grow better.
MIT Legatum Center for Development and Entrepreneurship
Best practices, tools and mentorship to grow your social impact startup
Apply a proven social entrepreneurship framework including MIT’s “Disciplined Entrepreneurship”, Google Venture’s “Sprint”, “Theory of Change”, HubSpot’s “FlyWheel”, Drift’s “Conversational Marketing”, Village Capital’s “VIRAL” frameworks and more to grow your social impact startup. Receive expert mentorship and community support to guide you through the process.
Apply the “Disciplined Entrepreneurship” canvas to assess your startup’s progress and identify areas for improvement.
Understand key characteristics that lead to high performing teams. Define your decision-making process.
Apply Village Capital’s VIRAL framework to evaluate your startup’s stage / progress. Learn to communicate your startup’s stage, milestones and metrics to investors.
Set your Objectives and Key Results, “a management methodology that helps to ensure that the company focuses efforts on the same important issues throughout the organization” as defined by John Doerr in “Measure What Matters”. This methodology has been successfully applied by Intel, Google, Amazon, Bill Gates Foundation, LinkedIn, Twitter, Spotify, Adobe and Accenture.
Review the selection of your beachhead market and target customer.
Define your social impact startup’s purpose, values and culture using the “Team” canvas. Understand your team’s strengths and identify any gaps you’d like to fill.
Apply Sprint to design and test a prototype with customers to validate key product assumptions. Develop a product plan based on feedback received.
Refine your value proposition, core and competitive positioning.
Refine your go-to-market strategy and design your customer acquisition process applying HubSpot’s “FlyWheel” framework and Drift’s “Conversational Marketing” framework.
Evaluate various business models to maximize value creation for your customer and align timing of value creation with your payouts. Compute your startup’s unit economics (LTV and COCA) to validate it is a sustainable in the long-term.
Develop your Theory of Change with clear impact metrics to communicate your social impact with all stakeholders.
Apply Andy Raskin’s “Strategic Storytelling” framework to develop your strategic narrative. Prepare to pitch your social impact startup to the local innovation community on Demo Day.
Develop a fundraising strategy and identify best-fit funding sources. Learn about crowdfunding options available.
Pitch to the local innovation community in Boston. Launch a crowdfunding campaign (optional).
Meet our Alumni
Co-Founder, EatWell Meal Kits
Co-Founder, EatWell Meal Kits
Product Manager, Watts Water Technologies
Co-Founder and Executive Director, Green Gas
Co-Founder and Operations Director, Green Gas
We make an offer to take an equity stake in your social impact startup at your current valuation. If we are the first investor, we typically take 1-3% equity in exchange for the investment and accelerator program. Individual offers are made based on several factors including your startup’s stage of progress.
Equity Back Guarantee
In order to reduce risk for entrepreneurs, we offer an equity back guarantee subject to certain limitations. Teams may repurchase their equity stake at the purchase price within 3 days after the end of the Accelerator program if they deem that the program has not provided value to their company.
Who should Apply?
Social impact startups that have already gotten customer validation and are refining their product, customer acquisition strategy, business model and investment pitch.