It is official, a fourth database has been added to the roster for searchable small business funding database Startup Fund Hub!
The newest addition is a list of accelerators focused on various industries and locations.
The new database will be available to all members who have purchased the All-Access Pass. The COVID-19 database will remain FREE to all who sign up as a member.
For those who have not heard, Startup Fund Hub is a curated database created by E.B. Howard Consulting allowing users to empower themselves to find their own small business funding using a continuously updated searchable database of non-dilutive funding.
The site launched in the Spring of 2020 as a result of the COVID-19 pandemic. In an effort to help other small business owners remain successful in a post-pandemic world, E.B. Howard Consulting began collecting and publishing COVID-19-related small business funding opportunities. The database was so user-friendly the team began wondering, “why doesn’t anyone offer a searchable curated database for small business funding in general?” leading to the creation of additional Startup Fund Hub databases.
So what is the new addition exactly? Accelerators and Incubators.
Accelerators are a useful tool for small businesses, especially those in the pre-seed, seed, and growth stages. Accelerators are geared toward expediting the growth of existing companies with a minimum viable product (MVP) and provide a blend of education, mentorship, and funding or opportunities to win investments through introductions or competitions. Programming usually occurs for a set time period (anywhere from 2-24 months) and requires a full-time commitment.
Startup Fund Hub‘s accelerator database includes accelerators from across the country and around the globe, as well as numerous virtual/remote programs. Many accelerators are Industry Agnostic (open to all verticals and industries).
The database is also home to many specialized accelerators devoted to individual industries such as tech, health, or food. Unlike incubators, which focus more on introductions to potential investors, most accelerators offer a cash purse or a stipend for participants or invest directly.
Incubators are similar to accelerators in that they also offer educational/business development programming and mentorship. However, they differ in several ways. Incubators tend to focus on ideation stage businesses and help them get from ideation to MVP. They also tend to have more flexible programming, allowing small businesses to use the coworking space and access mentors and classes when they can find the time. “Graduation” from the program occurs on an individual basis once the small business has developed the MVP. The startup is then introduced to potential investors and often encouraged to pitch the product to them, moving onto the next stage of growth once funding has been secured.
Incubators and accelerators are a great way to learn, network, hone necessary business skills, find funding, and grow your small business. We hope the newest addition to the database allows small business owners to push their idea or business to the next level.
We work with high-growth startups and organizations that support the startup and innovation ecosystem. We build highly specific non-dilutive funding menus, provide proposal preparation services, and measure outcomes of funding through evaluation. Schedule a consult call with us HERE.