We are thrilled to announce the inaugural class of the Cox Enterprises Social Impact Accelerator powered by Techstars. We kicked off this week and are looking forward to three months of awesomeness, capped off by Demo Day on April 29, 2020. When our team formed in July 2019, we hit the ground running in search of companies making a positive impact on underrepresented groups, underserved communities, and environmental sustainability. Throughout our selection process we attracted companies across six continents, 29 countries, 23 states, and 45 U.S. cities.
More than 40% of applicants were people of color, and approximately 40% came from female founders, resulting in nearly 65% of applications coming from minority founding teams. This diverse set of applicants addressed some of society’s most pressing issues, including: STEM Education for underserved students, access to healthcare, workplace diversity, accessibility, community support/engagement, financial literacy, college readiness, and health and wellness.
Over the next three months, our goal is to support and grow the 10 incredible companies selected to help them succeed and make a positive impact. The companies will receive mentorship from subject matter experts, experienced entrepreneurs, corporate executives, and many more. Techstars is the worldwide network that helps entrepreneurs succeed, and our strong partners and mentors help make this happen.
I would like to thank our mentors, sponsors and partners in advance for their generous support. Special thanks to theCox Enterprises team for their true commitment to the success of our partnership, the city of Atlanta, and the many Techstars founders they have supported over the last four years.
I present the Cox Enterprises Social Impact Accelerator powered by Techstars 2020 companies:
ACT House combines affordable housing and innovation amenities in a coliving model to accelerate the creation of minority owned ventures.
BestFit uses storytelling and media to make postsecondary decision-making fun, simple & equitable for historically underrepresented students.
A livestream and on-demand platform broadcasting the best and most entertaining STEM classes for kids, taught by the best instructors.
A community engagement platform that brings people together over food for conversations that matter.
EnMass Energy provides a platform for development and fuel procurement for waste-to-energy projects across the globe.
Forefront helps employers attract qualified talent from underrepresented communities for in-demand roles.
Healthy Hip Hop
Healthy Hip Hop is an online platform powered by the arts and social interaction. Creating a fun learning environment in the classroom and at home through cutting edge technology and the hip hop culture. “Sesame Street of the 21st Century”.
Collaboration that inspires kids with chronic health issues.
Kai XR creates inclusive & accessible mixed reality spaces allowing kids to explore, dream, & create.
Make Music Count
Make Music Count enriches problem solving by combining math concepts with piano playing through our app and curriculum.
I’m excited to announce that I’m officially joining the global Techstars Network as Managing Director of the Cox Enterprises Social Impact Accelerator powered by Techstars here in Atlanta, Georgia.
Techstars has had a presence in my hometown since 2016, partnering with Cox Enterprises to run Techstars Atlanta, its first Atlanta-based accelerator. The success of the Techstars Atlanta program, and its three classes thus far, has led Techstars and Cox to launch a second program in Atlanta focused specifically on social and environmental impact.
The Cox Enterprises Social Impact Accelerator powered by Techstars will be looking to source companies that focused on STEM training, environmental sustainability—including sustainable food production, clean energy, and beyond—and community-enriching initiatives—like education in underserved communities, the wealth gap, homelessness, gentrification, and healthcare. These are all areas I’ve been passionate about since I started my own entrepreneurial journey.
Adding Color to the Tech Industry in Atlanta
I started my first company, Slushie Kicks, a custom sneaker company, while attending college at Georgia Tech, and I’ve been working with startups ever since. I found my path to success with Monsieur, a startup I founded in 2012 that developed a patented mixing technology to dispense mixed cocktails—but I also experienced the obstacles that many of us from historically underrepresented groups face when starting a business. After I exited Monsieur in 2017, I made it my mission to help African American-led startups in any way I could.
For the last 2 years, I have spent my time doing just that. I’ve met with Atlanta-area founders every morning at the Gathering Spot, a private membership club known for its diverse community, to give founders advice on raising capital, building a product, and refining pitch decks. It was during this time that I met a now good friend of mine, Jasmine Crowe, CEO of Goodr, an Atlanta-based sustainable management company, who at the time was considering the Techstars Anywhere Program. This was my first personal introduction to Techstars, and after diving deeper into the company, I realized that Techstars stands for more than just accelerating high-growth startups. Its #GiveFirst mantra, founder-friendly approach, and focus on community really defines what Techstars is all about. Goodr was accepted and completed the Techstars Anywhere Accelerator Class of 2018, and I went on to complete a brief stint mentoring companies at Techstars Atlanta where I saw the impact of #GiveFirst in action.
In 2019, I took my mission to the next leveI by teaming up with Jewel Burks Soloman and Justin Dawkins to launch Collab. Capital, a fund that invests in outstanding black founders by providing the capital and resources that enable them to responsibly grow and sustain profitable businesses. Helping and advising emerging diverse entrepreneurs at Collab has honed my mentorship skill set. I’m thrilled to continue my mission to help startups succeed as the Managing Director of the Cox Enterprises Social Impact Accelerator powered by Techstars alongside local mentors at Techstars and Cox Enterprises.
Impacting Atlanta’s Startup Ecosystem
Atlanta’s entrepreneurial ecosystem is a scrappy one, and I’m used to working with startups that are forced to do a lot with a little. It’s these characteristics that showcase a founder’s commitment to their mission, and I’m looking for similar characteristics in the startups that will join us for the inaugural class of the Cox Enterprises Social Impact Accelerator powered by Techstars. We are looking for founders driven by their passion to do good for both people and the planet, not because it’s easy or glamorous, but because the solutions they are producing have the potential to change the world for the better.
Atlanta has a unique makeup of corporate structure, cultural influence, creative genius, top universities, and technical talent that allow us to do things many other cities cannot do. This gives us the unique opportunity to build companies and products that matter, scale them quickly, and spread our impact across the globe through our influence. If done properly, I truly believe we can begin to heal our communities from right here in Atlanta.
The Cox Enterprises Social Impact Accelerator powered by Techstars will officially kick off in early 2020 with our first ever class of startups. Applications are currently open for any startup focused on social and environmental impact solutions – whether you’re applying from Atlanta or anywhere in the world. If you have a solution that can change the world, we want to hear from you!
I’ve often found that minority founders are sometimes hesitant to apply for these types of opportunities, as they feel they may be overlooked because they don’t have the proper network or resources. But, Techstars is committed to giving every applicant an unbiased review, and I want to over-stress that ANY applicant, no matter your background, has a shot of being accepted.
Startups interested in the program are encouraged to learn more by visiting the Cox Enterprises Social Impact Accelerator powered by Techstars page, or jump right into their application. Techstars and Cox wants to help your startup create a better future for generations to come. Don’t miss this opportunity to help your company create the change our planet, and people, need.
Techstars, the worldwide network that helps entrepreneurs succeed, and Cox Enterprises, the global company dedicated to building a better future through leading communications, automotive services and media companies, today announced the launch of the Cox Enterprises Social Impact Accelerator powered by Techstars. The mentorship-driven accelerator is the second accelerator in partnership between Techstars and Cox Enterprises.
The new accelerator program will focus on companies addressing social impact, with a specific emphasis on companies in the STEM training, environmental sustainability, and community-enriching initiatives spaces. The program will also seek to support startups that have an impact at a community level.
“Income inequality, cleaner sources of energy and sustainable food production are just some of the challenges we’re all facing,” said Alex Taylor, president and CEO of Cox Enterprises. “Our company wants to invest in the future and empower great people to create a better future for the next generation. Investing in startups and accelerators like Techstars helps do that.”
“Cox Enterprises is an organization with a passion for innovation and doing good. For years they’ve been focused on social and environmental impact efforts both across the country and in their own community of Atlanta,” said Keith Camhi, Techstars General Manager Americas East. “We’re delighted to expand our strong partnership with Cox into this second accelerator that will operate at the intersection of entrepreneurship and social impact. It represents our shared belief that financially successful businesses can be built to address some of society’s most significant challenges.”
The program will be led by a Techstars Managing Director and staff and supported by Cox Enterprises leadership and mentors. Kicking off in Q1 of 2020, the program will run for 13 weeks and culminate in a demo day where each startup will pitch their newly polished business to an audience of investors, innovation leaders, and industry professionals.
Applications for the Cox Enterprises Social Impact Accelerator powered by Techstars will open July 22, 2019. Startups interested in the program are encouraged to learn more by visiting the Cox Enterprises Social Impact Accelerator powered by Techstars page or express interest here. Corporations interested in learning more about Techstars Accelerators and Techstars dedication to corporate innovation can learn more at techstars.com/corporate-innovation-partnerships.