CONGRATULATIONS to the 2023 FOC Showcase Finalists
Founders of Color Showcase Objectives
- Mobilizing investment
- Democratizing access to this asset class through the creation of special-purpose vehicles (SPVs)
- Widening the network of investors who are values-aligned
- Creating new syndication partnerships
- Providing visibility for founders of color, as well as funders and partners
- Streamlining the showcase by having Companies & Investor-Champions bring vetted and initially funded opportunities
EVENT CO-HOSTS:
Talent is everywhere. Opportunity is not.
Agen togel terbaik ini juga dikenal karena menawarkan berbagai bonus dan promosi menarik Situs Toto, serta layanan pelanggan yang responsif dan profesional.
Welcoming both founders & investors to apply & nominate!
Founders should apply who have an investor champion who has soft committed or investing at $25K. Investors should nominate founders in their portfolio at $25K (soft commitments okay).
- DIVERSE TEAM: Led by a founder(s) who are Black, Indigenous, or People of color (BIPOC), including Latinx
- IMPACT-FOCUSED: Company has a potentially significant positive impact on people, communities, & the planet that is intentional & measurable
- VETTED: The founder must have secured a minimum of $25k in funding (soft commitments okay) and light due diligence
- ACTIVELY FUNDRAISING: Company is raising a minimum of $500K in convertible notes, preferred equity, Flex Equity, Revenue Based Financing, or SAFEs with a round open through at least June 1st, 2023
- COMPANY STAGE: Proof of product-market fit, market validation, and traction
- COMPANY STRUCTURE: US-based C-corp or Public Benefit Corporation (no LLCs)
- SCALABLE: Company is scalable with the potential for large impact & provide liquidity (& financial return) to investors within 10 yrs
- REASONABLE VALUATIONS: Company valuation must be relevant to entity stage, revenues & market median prices
Founders of Color Showcase Timeline
April 5 – Close of Nominations
April 7 – Finalists Announced (4 startups)
May 15 – Founders of Color Showcase – 5:30 – 6:45 pm PST – in-person in Las Vegas, NV & live feed
May 22 – June 23 – Based on investor interest, investor due diligence period with meetings with champion, company, and any additional due diligence
June 30 – Based on investor interest, Due Diligence Reports due
July 14 – Based on investor interest, SPV Investments due
“Next Wave Impact’s Founders of Color Showcase allowed us to be who we are – social impact solution for our farmers in the USA and across the world. It gave us freedom to accept that it is ok to present a business plan with a human ROI. We are now impacting positively farmers and truly enjoying every minute of it. Selected through Microsoft to work with UN and women farmers across the world this summer is only one of the highlights NWI brought to us, GRACIAS!!! You are all a blessing!”
Di balik layar ponsel Anda, bandar togel online terpercaya sedang menunggu untuk memberikan kejutan besar. Taruhan kecil bisa berubah menjadi rezeki nomplok dalam hitungan detik. Apalagi jika Anda jeli dan tahu bagaimana membaca pola.
“We had an incredible time pitching and learning from other founders during the Founders of Color Showcase. It was awesome listening to the thoughtful questions that would eventually land in an investment from more that check-writers. We gained partners.”
“Alicia, Galia, and the team at Next Wave Impact were instrumental in our investment round coming together in just 3 months during the pandemic! They galvanized an SPV investment representing ~10% of our total round in a few short weeks following the Founders of Color Showcase. More importantly, their early commitment and network were huge in engaging additional, mission-aligned investors who trusted their rigorous diligence and belief in LiftEd. On-going, they continue to provide active assistance, without “smothering” to support our growth.”
Fundr is proud to be a co-host of the Founders of Color Showcase which provides a unique opportunity and commitment to elevating and funding incredible founders that tend to go overlooked in the industry.
THANKS TO OUR WONDERFUL 2022 SPONSORS!
Become a Founders of Color Showcase 2023 Sponsor
Submit your information to get in contact with the event team.
Platinum
- Pre- and Post-event mention in press releases & social media posts
- LARGE Logo listed on program, website & other event materials
- Logo on email & social media posts
- Verbal acknowledgment during summit and workshop
- Speaking Opportunity: Showcase Keynote
- Two max at this level
Gold
- Pre- and Post-event mention in press releases & social media posts
- MEDIUM Logo listed on program, website & other event materials
- Website link on email & social media posts
- Pitch Coaching of Finalists & Verbal acknowledgment during summit and workshops
- Three max at this level
Silver
- Pre- and Post-event mention in press releases & social media posts
- SMALL Logo listed on program, website & other event materials
- Website link on email & social media posts
- Verbal acknowledgment during summit and workshops
- Four max at this level
Bronze
- Pre- and Post-event mention in social media posts ONLY
- SMALL Logo listed on program, website & other event materials
- Website link on email & social media posts
- Verbal acknowledgment only at the beginning of showcase event
- Five max at this level
Supporter
- Pre- and Post-event mention in social media posts ONLY
- SMALL Logo listed on program, website & other event materials
- Website link on email & social media posts
- Verbal acknowledgment only at the beginning of showcase event
- Ten max at this level
THANKS TO OUR COMMUNITY PARTNERS!
2022 had finalists from all regions of the US with startups ranging from edtech to medical devices.
More than 300 investors from the early-stage investing ecosystem joined us in our first 3 years (2020 – 2022) as we showcased 35+ founders of color. For more info, including a list of the semifinalists and finalists and a recording of the past showcases, please go to our blog.
Blog
Announcing 5 Finalists Selected for 2023 Founders of Color Showcase
Five BIPOC-led startups will pitch in front of values-aligned investors [...]
Announcing 2022 Founders of Color Showcase Finalists
Five BIPOC-led startups will pitch in front of 200 investors [...]
Next Wave Impact Reveals Finalists for 2021 Founders of Color Showcase
The diverse companies hail from seven U.S. states, represent six [...]