MISSION ACCELERATOR

 

The Mission Accelerator connects nonprofits to our consultants, local social entrepreneurs and business leaders to work together on complex community issues. Participants come away with a business growth plan, a powerful case for funding and access to additional forms of investment.

Applications for the 2017 Mission Accelerator close March 3.

 
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How The Mission Accelerator Helps Organizations

The Mission Accelerator is a five-month program designed to fast-track the growth and impact of nonprofits in Greater Austin. Accelerator participants engage in group classes and receive one-on-one guidance from nonprofit consultants and some of Austin’s most successful business leaders and social entrepreneurs. This unique opportunity brings high-value resources to a select group of nonprofits each year.

Upon completing the program, participants will have created a business growth plan with a powerful case for funding. Participants may also gain access to creative forms of capital, including $3,000 from Mission Capital for completing the program and an opportunity to pitch for continued investment upon graduation.

The Mission Accelerator helps organizations address areas such as:

  • Program or service ideation
  • Business model and organizational structure
  • Unique value proposition and competitive advantage analysis
  • Target market and industry, competition and barriers to entry
  • Partnership identification and assessment
  • Marketing, sales and financials

Download the program overview for details on eligibility, the selection process and program benefits.

About the Application and Selection Process

The 2017 application will open February 8. To qualify, an organization must be an established 501c3 with an innovative solution to address a community need, and should have a clear vision and initial plan to significantly grow their program or service. Applicants are asked about their organization’s financial stability, track record of program success and commitment to growth. Download the application guide for more detail.

After a competitive online application process, finalists present their case at Philanthropitch Austin, where the Mission Accelerator class is selected and more than $100,000 is awarded.

The 2017 application will be available February 8 and will close March 3. Before applying, we encourage you to download the applicant guide and attend one of our info session  to learn more, ask questions and build a winning application.

Selected semi-finalists will be required to participate in a pitch workshop on April 25, after which finalists will be selected and invited to present at Philanthropitch on May 22, where more than $100,000 will be awarded and the 2017 Mission Accelerator class will be selected!

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About Philanthropitch Austin

Philanthropitch Austin is a social impact, fast-pitch competition that spotlights some of Austin’s most promising nonprofits and the innovative solutions they bring to local challenges. Finalists pitch for financial and human capital to fast-track organizational growth, including more than $100,000 and acceptance into Mission Accelerator, a program of Mission Capital. At the end of the night, the 2017 Mission Accelerator class will be announced and grants will be awarded to support these social innovators in bringing their vision to life. This year, organizations may choose to apply for acceptance into both Philanthropitch and the Mission Accelerator, or those organizations not ready to leverage the intense human capital resources of the Accelerator may choose to apply for only the pitch competition. All Philanthropitch finalists will joining a growing alumni network in Austin and in cities across the U.S. as Philanthropitch continues to expand in 2017. Finalists receive ongoing networking opportunities. Philanthropitch Austin is presented in partnership with the Notley Fund and Mission Capital.

Apply by March 3

If your nonprofit is ready to dramatically grow or scale one of your programs but needs the funding and guidance to bring your vision to life, download the application guide and apply by March 3.

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THE 2016 MISSION ACCELERATOR CLASS

 

These exceptional nonprofits participated in last year’s Mission Accelerator program.

 

A Look at Some of Our Accelerator Graduates

Caritas of Austin

2014 Accelerator graduate improves homeless services and generates sustainable revenue to purchase property and expand operations.

 
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Easter Seals Central Texas

Accelerator graduate and 2014 investee, Easter Seals receives social impact loan, creates revenue model and expands their Lawn & Landscape Services.

 
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Multicultural Refugee Coalition

Accelerator graduate and 2015 investee, MRC and their social enterprise, Open Arms, is empowering refugee women in Austin.

 
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  • We were prepared to do a lot of work in this process and we were prepared to learn a lot. But I’d say we did a lot more work than we expected and we learned a lot more than we expected.

    Susan Dawson, Executive Director, E3 Alliance2014 Accelerator Participant

  • Mission Capital’s accelerator program is going to change lives. As a partner I am able to effectively give back to the community and know that the more these nonprofits succeed, the more our people will succeed.

    Clayton Christopher, Co-Founder & Chairman, Deep Eddy VodkaSocial Venture Partner & Accelerator Mentor

  • If you have a good, viable social venture that can benefit our community, then the Accelerator process forces you to think through how to do that well and provides many of the resources to help you do that well.

    Susan Dawson, Executive Director, E3 Alliance2014 Accelerator Participant
  • Philanthropy is great and it’s always going to be part of what we do. But the ability for an organization to find a way to generate sustainable revenue in the delivery of their mission is really important.

    Dennis Cavner2015 Mission Capital Board Chair
  • With the help of the Accelerator program, we’re able to continue to build upon our success with a clear business plan and growth model. With the additional investment, especially the 3-year consultative support, we’re ready for the growth ahead.
    Meg Erskine, Executive Director, Multicultural Refugee Coalition2015 Accelerator Participant
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Social Venture Partners

 

Roll up your sleeves and become a advisor to Mission Accelerator participants, helping take their ideas to the next level.

 
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Investee Portfolio

 

Upon completing the Accelerator, select nonprofits receive multi-year investment from Mission Capital’s Social Venture Partners.

 
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FEATURED SUPPORTERS

 
 
RGK Foundation
Michael & Susan Dell Foundation
Austin Community Foundation
Charles H. Phipps Foundation
JP Morgan Chase
 
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