gBETA AgBioScience Accelerator
The gBETA AgBioScience Accelerator is a free, seven-week pre-accelerator program designed for early-stage companies focusing on agriculture innovations, or "AgBioScience." It aims to help these companies achieve rapid growth and/or raise venture capital. The program is hosted by Gener8tor, a nationally ranked accelerator, and runs multiple times a year across the United States. While the AgBioScience program is based in Indianapolis, it incorporates both in-person and virtual components, making it accessible to a national pool of applicants. Gener8tor's broader mission aligns with fostering innovation and economic development by supporting promising startups through individualized coaching, mentorship, and access to resources. The primary target beneficiaries of the gBETA AgBioScience Accelerator are early-stage companies with a focus on agriculture innovations. These companies can range from those with just an idea to those with significant revenue, though most are typically post-product and pre-scale. The program seeks out entrepreneurs who are committed to their business, even if not yet full-time, and are ready to grow. The impact goals are centered on accelerating the development and market readiness of these AgBioScience companies, thereby contributing to advancements in agriculture and potentially creating new economic opportunities. The program's priorities and focuses include providing individualized coaching and mentorship on company growth and investor readiness. This is complemented by weekly "Lunch & Learns" and "Mentor Swarms," which offer opportunities for learning and networking. A significant focus is also placed on preparing companies for investor and accelerator pitches, crucial for securing funding. Furthermore, participants benefit from over $1 million in deals and perks from various vendors, providing valuable resources for their operations. The program also emphasizes ongoing post-program support and involvement within the gener8tor community. Expected outcomes and measurable results include the rapid growth of participating companies and their increased readiness to attract venture capital. Success can be measured by the number of companies that secure funding, the rate of their customer growth, and their overall advancement towards scaling their operations. The program also aims to build a stronger network within the AgBioScience sector. Gener8tor's strategic priorities are to identify and nurture high-potential startups, and their theory of change posits that intensive, individualized support, coupled with access to a robust network and resources, will significantly increase a startup's chances of success and contribute to regional and national economic vitality.
Award Range
Not specified - Not specified
Total Program Funding
Not specified
Number of Awards
Not specified
Matching Requirement
No
Eligible Applicants
Geographic Eligibility
All
Application Opens
June 3, 2024
Application Closes
August 19, 2024
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