In a world of money-hungry companies, nonprofits have it the hardest to get ahead. To their benefit, more and more startup accelerators turn to the nonprofit sector. Here is the list of top 8 accelerators you should know, whether you are a socialpreneur or not. 

Civic Accelerator

The Points of Light Civic Accelerator “CivicX” is the first national accelerator program and investment fund in the country focused on for-profit and nonprofit early stage ventures that include people as part of the solution to critical social problems. The programme has an all-round approach to boosting the ventures into the world. The 10-week, boot camp-style program convenes 10-15 teams in person and online with the goal of equipping each venture to seek investments and scale their social innovation. It includes mentorships, peer learning, education elements and continued support through the network. All that plus the funding for the 2 most promising ventures, amounting to 50.000$ .

Civic Accelerator also offers 2 day Rapid Innovation Summits. A hands-on boot camp for social innovators — to learn how to apply innovation best practices and design thinking to make better decisions and more effectively solve challenges related to new or current programs, projects or other critical social challenges.

MassChallenge

MassChallenge claims to be the most startup-friendly accelerator on the planet, and rightly so. They take no equity from any of the startups. They give out over $2M globally each year in equity-free cash prizes to startups who are solving giant problems ranging from ending infant mortality and curing blindness in children, to harnessing the ocean’s energy. MassChallenge’s 1,211 startups have raised over $1.8B in funding, generated over $700M in revenue, and created over 60,000 jobs!

The accelerators run for three to four months, depending on location. The startups participating receive free office space, intensive training, world-class mentoring, access to in-kind benefits from partners, and much more. Participating in MassChallenge more than doubles a startup’s likelihood of raising significant funding and reaching 15 employees according to an MIT study.

Fast Forward Accelerator

This one’s famous. Fast Forward accelerates tech nonprofits by investing money, providing training and mentoring, and increasing the visibility of tech nonprofits to scale them to impact. Fast Forward is the only organization dedicated to tech nonprofits as a sector, utilizing a well-established Silicon Valley playbook and applying it to nonprofits. It runs an accelerator program, which in three years has helped 23 tech nonprofits impact over 18.4M lives and raise $26M in follow-on funding. Fast Forward also hosts the Accelerate Good Global summit, maintains a comprehensive directory of tech-based nonprofits, and manages a tech-for-good job and volunteer board.

Fast Forward’s accelerator program takes place in San Francisco, CA during the summer. All organizations receive a $25,000 grant, 13 weeks of training, and connections to 100 high-caliber mentors. All must be nonprofits leveraging technology to address problems in arts/culture, education, environment, food/agriculture, health/healthcare, human rights, poverty alleviation/economic development, or public service/civic engagement.

Praxis

Each year, Praxis welcomes 12 businesses and 12 nonprofits into the two Accelerator programs, where Praxis provides the top decision-makers in these organizations with the knowledge, network, and personal discipleship necessary to build sustainable, high-impact organizations.

The Nonprofit Accelerator includes an international travel fund that offers a 50/50 matching grant of up to $2,500 per Fellow during the program. This is a pass-through grant, provided by a single Praxis donor. In order to be eligible, Fellows must be working on the ground in the developing world. The list of things fellows get out of the programme is long: there is a personal access to successful social entrepreneurs, foundation leaders, and executives; advanced level mentoring on the most critical organizational development topic; a lifetime network of incredible peers and the core team to help create a polished presentation and impact model during the programme. To top that off, there is an opportunity to present at the Finale to over 75 philanthropists, convened at a pre-event with “The Gathering”.

Unreasonable Institute

Unreasonable Institute unites entrepreneurs with the potential to address major problems at scale. Problems like poverty, lack of education, and access to clean water. Then, Unreasonable Institute swarms them with hand-picked mentors, funders, and a global network to help grow their impact. Their goal? For each venture to impact 1,000,000 people.

The UI programme is called “Lab Accelerator“. It combines an access to entrepreneurs, mentors and funders with UI’s curriculum and expertise from running accelerators. The lab provides a 25 hours in the months of remote HQ support leading up to a Lab; a Lab Playbook with everything needed to run a Lab from curriculum to budgeting to entrepreneur selection; an Application software to help entrepreneurs manage and review applications; a Learning platform to connect with & learn from Lab teams from around the world; and a Website template to make it quick and easy to market a Lab.

With the help of UI, ventures have created impact in 94 countries, with a 6x average venture revenue growth 2 years after leaving the institute.

NewME Startup Accelerator

Founded in 2011, NewME has accelerated hundreds of entrepreneurs through the online platform, residential “boot-camp” accelerators, and equity portfolio. NewME pioneered diversity in Silicon Valley by focusing on helping entrepreneurs identify strengths from their non-traditional backgrounds and leveraging them in business. NewME have helped hundreds of entrepreneurs build better businesses some have even went on to raise venture capital funding. To-date NewME has helped minority entreprenuers raise over $25MM in funding.

Their one week accelerator is hosted between the co-living space, Roam, in the beautiful Little Havana neighborhood of Miami and the headquarters in the Wynwood Arts District. The all-inclusive stay includes living accommodations, meals, and week long training. NewME keeps the cohorts small, between 8-10 founders, so that you get the one-on-one attention you deserve. No 2 accelerators are the same however NewME tends to follow the same structure with each program. Mornings and afternoons are usually reserved for tactical workshops and coaching based on a participant’s business, evenings are focused on insights from experts through the Q&A based speaker dinners.

Techstars Foundation

The Techstars Foundation was founded in 2015 and is committed to increasing diversity in entrepreneurship. They do this by investing in organizations with grant money and leveraging the Techstars network to empower these organizations to accelerate their mission forward. The Techstars Foundation funds organizations that are increasing diversity in entrepreneurship with the grant range between $10,000 and $50,000.

Global Giving

The GlobalGiving Accelerator is an opportunity  to build skills, access tools, and grow a base of supporters to achieve crowdfunding success. Upon graduation, an organization becomes a permanent member of GlobalGiving, and gets access to all the tools, training, and one-on-one support available in the GlobalGiving community.

The GlobalGiving Accelerator is a virtual training program and crowdfunding campaign that will help take fundraising to the next level. Following an optional two-week training curriculum, a nonprofit company will be entered into an Accelerator campaign where it will raise at least $5,000 total from a minimum of 40 different donors in order to graduate and secure a permanent fundraising spot on the GlobalGiving platform.

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