Applications open for Flywheel’s social enterprise incubator in Cinci
May 21, 2019
Have a startup that creates a social impact?
Cincinnati’s Flywheel Social Enterprise Hub is accepting applications for Elevator, its 12-week accelerator program for social enterprises.
Flywheel Social Enterprise Hub helps social entrepreneurs build and scale businesses that have both a financial return and social impact. Elevator is designed to help those same social entrepreneurs develop sustainable business models and prepare to seek capital investment.
The fourth Elevator cohort will kick off in October 2019. Participants will pitch their businesses at a Demo Day in February 2020.
According to the Elevator website, Flywheel is seeking businesses that create social impact in the Greater Cincinnati region – whether it’s through the product or service they provide, the people they employ, or the way they increase diversity of leadership in the startup ecosystem.
Applicants should be generating revenue, or have strong evidence of customer development to demonstrate they’re meeting a significant market need; a strong team, and on-site presence — founder teams will have to commit to spending at least three days per week at Union Hall.