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Accelerator Investors in Community Development

10 Funders

MIT Solve logo
MIT Solve
Accelerator
MIT Solve is an initiative of MIT that provides social impact and entrepreneurship services, connecting startups with funding and resources to address global challenges. The organization launches open calls for exceptional and diverse solutions to pressing global problems from innovators anywhere in the world, focusing on areas including climate, economic prosperity, health, learning, indigenous communities, youth innovation, and innovative financing. MIT Solve operates on the belief that building a better future requires new voices and ideas from diverse sources. They run challenges to identify groundbreaking solutions, then provide selected innovators with the backing of MIT and their community of supporters to scale their impact and drive lasting change. The organization has established itself as a platform that bridges the gap between innovative solutions and the resources needed to implement them at scale. Over its ten-year history, MIT Solve has become a significant force in the global innovation ecosystem, having run over 100 challenges and received more than 26,800 applications from 185 countries. Their community of innovators and solutions have reached over 370 million lives worldwide, demonstrating tangible impact from refugee education in Lebanon to agricultural improvements in Ethiopia. The organization has mobilized over $80 million and forged over 1,000 partnerships, establishing itself as a crucial connector between social entrepreneurs and the resources they need to create meaningful change.
Climate TechCommunity DevelopmentEducationUnited States
SEED SPOT logo
SEED SPOT
Accelerator
SEED SPOT is a 501(c)(3) nonprofit organization that educates, accelerates, and invests in diverse entrepreneurs who are creating solutions to social problems. They focus on supporting underrepresented entrepreneurs through comprehensive programs including accelerators, mentorship, and capital access across key areas like health and wellness, environmental sustainability, equality and economic opportunity, civic engagement, and education. The organization operates with a mission to make entrepreneurship accessible to all by surrounding entrepreneurs with resources, mentors, business fundamentals, community partners, and capital sources. Their unique approach centers entrepreneurs' needs and lived experiences, with particular emphasis on serving those underserved by traditional systems and programs. They offer multiple specialized programs including Impact Accelerator, Retail Brand Accelerator, Mental & Behavioral Health Impact Accelerator, and Youth Entrepreneurship initiatives. SEED SPOT has demonstrated significant impact in the social entrepreneurship ecosystem, having served over 3,000 entrepreneurs and facilitated $122 million in capital raised. Their work has created over 5,300 jobs and generated $306 million in revenue, with 76% of their supported entrepreneurs being traditionally underrepresented and 56% being women founders. The organization addresses 17 United Nations Sustainable Development Goals, making them a crucial player in scaling social impact ventures globally.
Community DevelopmentSocial EnterpriseUnited States