Deadline: 28 June 2024
Apply now for the six-week National EmPOWERED to Serve Business Accelerator, an intensive training and grant program to help you scale your health impact-focused business within a condensed timeframe.
This nationwide, highly competitive experience will give you the opportunity to receive non-equity funding. Grant funding is just the beginning! The American Heart Association’s Center for Health Metrics will evaluate your business model. The evaluation will create a baseline to enable you to make critical decisions, refine your strategies and maximize the effectiveness of the accelerator.
The accelerator includes a six-week training experience in which you will elevate your unique competitive advantage to deliver a compelling brand story that encourages interest from stakeholders and potential investors.
At the invitation-only showcase finale event on October 9, you will have the opportunity to present your brand story, answer questions and receive feedback from a panel of judges as well as other founders, business leaders and potential funders and VCs.
Accelerator Benefits
- 1st place: $50,000
- 2nd place: $12,000
- Fan favourite: $5,000
- Non-grant recipients: $1,000 stipend
Phases
You will complete five phases during the six-week training:
- Discover your health and impact moonshot
- Business model design and analysis
- Customer experience (CX) design
- Value mapping and design
- Brand storytelling
What are they looking for?
- The EmPOWERED to Serve Business Accelerator is looking for a diverse pool of entrepreneurs, companies and organizations who are driving change and health equity in their communities. Applications will be accepted from social and digital health tech entrepreneurs, non-profits and for-profits making a health impact and addressing a social determinant of health (SDOH).
- Interested founders should have a business that focuses on health equity and social determinants of health in one of the following areas:
- Education
- Healthcare access
- Food security
- Neighborhood conditions
- Transportation
- Environmental quality
- Employment/economic stability
- Housing
- Health innovation/technology
Who should apply?
- U.S. citizens 18 years or older
- Founders of nonprofit or Pre-seed, Seed or Series A startups
- Must be a health impact-focused business and address one or more categories of the social determinants of health in the U.S.
- Innovation must apply to improving health equity
- Must be the founder or CEO.
For more information, visit American Heart Association.