ABLE Accelerator for Black Entrepreneurs in the United States

ABLE Accelerator for Black Entrepreneurs in the United States

ABLE accelerator is an enterprise program designed to strengthen, energize, and support small businesses and nonprofit organizations led by Blacks in the United States.

Adapted from ADN’s Builders of Africa’s Future program that celebrates innovation and impact among early-stage African enterprises, ABLE identifies 20 Black business leaders catalyzing an array of sustainable solutions across multiple sectors at the local and national level. This includes education, healthcare, finance, connectivity, agriculture, and renewable energy, all of which address essential community needs while spurring sustainable growth.

The program is designed to expand economic pathways and advance entrepreneurial efforts through online and in-person training and mentorship that supports the adaptation and innovations of Black entrepreneurs within the current global pandemic and changing economic climate.

How It Works

  • Apply to become one of the 2022 ABLE awardees. The ABLE accelerator Program Advisory Committee will select the final top 20 candidates. Awardees will receive fully-paid leadership and entrepreneurship training designed by Silicon Valley Executive Center Leavey School of Business at Santa Clara University, mentoring, opportunities for networking and community building, and the chance to pitch to venture firms and investors.

Benefits of ABLE Accelerator

  • Opportunity to participate, network, and pitch at the 2022 African Diaspora Investment Symposium (ADIS22) in Silicon Valley.  There is a hotel and travel assistance as needed.
  • Ongoing Networking and Learning Opportunities.
  • Marketing and Social Media:  ADN in partnership with ecosystem partners will amplify the work of ABLE awardees.
  • Fully paid leadership and entrepreneurship training with the Silicon Valley Executive Center Leavey School of Business at Santa Clara University with modules that support: Leadership and team development, Business modeling acumen, Financial growth strategies, Pitch-for-funding preparation
  • NOTE: Training to begin September 2021. Includes 5 Days of training spread out over 6 months with a pitch day at the end of the 6 months (potentially in-person).
  • Regular virtual mentor meetings throughout the 6-month program to master curriculum and solve specific challenges facing enterprises.
  • An opportunity to participate in exclusive networking events and investor roundtables.
  • An opportunity to pitch their product/service to  Silicon Valley investor community.
  • The Impact and Innovation Award.
  • Receive ABLE Monetary Award.

Eligibility Criteria

For nomination consideration, prospective candidates must meet the basic requirements:

  • Founder or executive of a revenue-generating and scalable startup, social enterprise, and/or nonprofit organization.
  • The company must be led or co-led by Black entrepreneurs.
  • The enterprise must be headquartered in the United States.
  • Must be an established legal entity already in operation for 6 months or more.

Applications Close: June 15, 2021.

To apply visit here

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