Boston Creator Incubator + Accelerator Program

The Boston Creator Incubator + Accelerator, a joint initiative by Boston XChange and Jrue and Lauren Holiday’s JLH Social Impact Fund, is designed to empower visionary creators from underinvested communities. This program aligns with the foundation's mission by actively working to bridge funding gaps and invest in the success of these creators, thereby fostering innovation and stimulating the local economy. A key component of its strategic priorities is to address the significant $5 billion racial wealth gap in Massachusetts by supporting businesses that have a positive impact on underinvested communities. The program's target beneficiaries are passionate entrepreneurs leading for-profit companies within the Greater Boston area. Eligibility criteria specify that founders must be 18 years or older and hold a majority stake (51%) in their company. The overarching impact goal is to turn creative ideas into reality by providing essential business resources and support, ultimately contributing to economic equity and growth in previously underserved areas. The primary focus of the Boston Creator Program is to equip these creators with the resources they need to thrive. This includes offering grants of up to $100,000, with the JLH Social Impact Fund contributing up to $35,000 per year over a three-year period, based on the achievement of specific milestones. This structured funding mechanism is a core part of the foundation's theory of change, which posits that sustained financial and developmental support will propel businesses forward and create lasting positive change. Expected outcomes include the successful launch and growth of businesses led by entrepreneurs from underinvested communities, leading to increased economic activity and job creation within Greater Boston. Measurable results will likely be tracked through the achievement of milestones by grant recipients and the overall impact these businesses have on closing the racial wealth gap in Massachusetts. By investing directly in these creators, the program aims to generate both individual success stories and broader community-wide benefits, embodying the foundation's commitment to social and economic justice.