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2018 IMPACT REPORT

757Accelerate-ImpactReport2018-R10€¦ · us to pick our heads up from our product and focus on crystalizing our value proposition to our customers and investors.” svtrobotics.com

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Page 1: 757Accelerate-ImpactReport2018-R10€¦ · us to pick our heads up from our product and focus on crystalizing our value proposition to our customers and investors.” svtrobotics.com

2 0 1 8I M P A C T R E P O R T

Page 2: 757Accelerate-ImpactReport2018-R10€¦ · us to pick our heads up from our product and focus on crystalizing our value proposition to our customers and investors.” svtrobotics.com

F O U N D E R S S P O T L I G H T

L E T T E R F R O M T H E B O A R D C H A I R

Nate Fender Joe Weaver

“We are so grateful for the help of so many high-quality mentors and community members who leaned

in to support us. It made an enormous impact on the growth

of our business.”

ario.com

Tim Hagerty

“The education I received at 757 Accelerate helped me with so much more than growing my

business. It really moved the needle for me and Teaming Pro.”

teamingpro.com

AK Shultz Mike Howes

“Joining 757 Accelerate forced us to pick our heads up from our product and focus on crystalizing

our value proposition to our customers and investors.”

svtrobotics.com

Chelsea Mandello

“757 Accelerate was instrumental in helping me redefi ne my business

model and many of the mentors continue to give to Troopster by

serving on our Board.”

troopster.org

Evan Rallis Mike McCabe

“757 Accelerate was like getting a master’s degree in 12 weeks. The program and the mentors helped us get real traction selling to B2B enterprise customers and through

channel partners.”

home.dippy.io

At 757 Accelerate, we strive to put entrepreneurs fi rst in order to build a vibrant, thriving entrepreneurial ecosystem in Hampton Roads. As I look back at 2018, our inaugural year, I am proud of how much we accomplished. With the help of generous sponsors, committed partners, and dedicated mentors, we recruited, selected, mentored, and accelerated fi ve outstanding founding teams. We proved that we are better and stronger when we work together. We can safely say that none of this would have been possible without you – our founders, board members, mentors, and sponsors. From all of us at 757 Accelerate to all of you – THANK YOU!Anne Conner

757 ACCELERATE BOARD CHAIR

Page 3: 757Accelerate-ImpactReport2018-R10€¦ · us to pick our heads up from our product and focus on crystalizing our value proposition to our customers and investors.” svtrobotics.com

INAUGURAL COHORT

TOTAL CAPITAL RAISED PITCH EVENTS

COMPANIES ACCELERATED

MENTORS HOURS OF MENTORSHIP

INDUSTRIES REPRESENTED

WOMEN

$1.8M7

98 270+ 20+

5 20% MILITARY VETERANS40%

CAPITAL

MENTORS

$100K EQUITY-FREE PARTICIPATION AWARDS

clock

chalkboard-teacher

2 0 1 87 5 7 A C C E L E R A T E I M P A C T R E P O R T

757 Accelerate is Powered by

Page 4: 757Accelerate-ImpactReport2018-R10€¦ · us to pick our heads up from our product and focus on crystalizing our value proposition to our customers and investors.” svtrobotics.com

*AS IDENTIFIED BY COHORT COMPANIES

*INCLUDING PILOT MEDIA & SOCIAL MEDIA

MENTORS

INVESTORS

CUSTOMERS

COMMUNITY

COUNTRIES INDUSTRIES DIFFERENT STATES

APPLICANTS

PRESS MENTIONS/IMPRESSIONS

VALUE OF 757 ACCELERATE BEYOND INVESTMENT

EXPRESSIONS OF INTEREST

187APPLICANTS

94

6 30+globe-americas building flag 16

757 ACCELERATE

128COHORT COMPANIES

223

Page 5: 757Accelerate-ImpactReport2018-R10€¦ · us to pick our heads up from our product and focus on crystalizing our value proposition to our customers and investors.” svtrobotics.com

ACCELERATOR PROGRAM757 Accelerate is a 3-month selective startup accelerator program providing

founders with capital, connections, and customers.

We are committed to amassing all of our resources to help you, and in exchange we need you to agree to the following eligibility requirements:

• Committed, full-time founder(s) willing to relocate to Hampton Roads for the 3-month program

• Solving Disruptive Problems

• Scalable with High-Growth Potential

$20,000 Seed Capital Without Taking Equity

Engage Real Customers To Validate

Your Business

Connect To Mentors, Investors, Education, Co-Working Space

4 Demo Days WithPotential Investors

Hand-Holding-Usd handshake Users chalkboard-teacher

TEAM REQUIREMENTS757 ACCELERATOR 2019

MAY

JUNE

JULY

AUGUST

NOVEMBER

Fall Cohort Applications OpenMay 1

June 1

July 25July 30

Aug 26

Nov 22

Fall Cohort Applications Close

Fall Cohort InterviewsFall Cohort Companies Announced

Fall Cohort Begins

Fall Accelerator Ends

Page 6: 757Accelerate-ImpactReport2018-R10€¦ · us to pick our heads up from our product and focus on crystalizing our value proposition to our customers and investors.” svtrobotics.com

PROUD MEMBER OF

T H A N K Y O UT O O U R S P O N S O R S A N D P A R T N E R S

I N P A R T N E R S H I P W I T H