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Fast Forward Accelerator

Grants and In-Kind Capacity Building Support to USA,
Canada, and International Tech Nonprofits

Agency Type:

Foundation / Corporation

Funding Source:

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Fast Forward

Deadline Date:

03/26/21 Midnight

Description:

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Grants of $25,000 and in-kind support to USA, Canada, and International nonprofit organizations in the technology sector for assistance in improving organizational capacity. The program is intended to provide funding, networking opportunities, and training to strengthen and expand the internal operations of technological nonprofits.

The program will (roughly) take place every Tuesday and Thursday from July 12 – Oct 8 2021 from 9am – 1pm PT, with some additional coaching sessions and 1:1 meetings throughout the week. Demo Days will most likely be the week of October 4th, and may be in-person (SF and NY) pending the pandemic. At least one co-founder must attend every session from early July – mid October, and the co-founder who will pitch at Demo Day must attend every single session from mid-August to early October.

Fast Forward’s program is designed to address the unique needs of tech nonprofits:

  • Capital. Fundraising strategies, including tactics and sources of capital, are different for nonprofits at every stage of the fundraising process as compared to their for-profit peers. There are also unique challenges and opportunities available to tech nonprofits in particular, which we will help you navigate.
  • Content. Our curriculum is different. Yes, nonprofits must focus on product, scaling, and growth. However, nonprofits also need to learn about board development, governance, leveraging volunteers, and other issues specific to nonprofits. The knowledge base we’ve put together for tech nonprofits differs substantially from what for-profits would find valuable.
  • Customer. Because of their focus on impact over profit, nonprofits often chase the least profitable customer, which impacts go-to-market strategy and customer life cycle in a way that’s different from for-profits.
  • Cohort. Entrepreneurship is lonely; tech nonprofit entrepreneurship even more so. Tech nonprofit leaders tell us that because of their nonprofit focus they don’t quite fit into for-profit accelerators, and because of their tech/product focus they don’t quite fit into nonprofit fellowships. They share a set of challenges unique to this intersection, and they’re excited to go through a program with others like them as well as provide each other ongoing support as their organizations grow.
  • Community. Key to our mission is building closer ties between the nonprofit and for-profit tech community because the tech world has the opportunity to have a huge impact on these organizations and therefore the world. Our focus on collaborative philanthropy is quite different from for-profit accelerators, which don’t need to invest heavily in community building due to the nature of venture investing.

GrantWatch ID#:

GrantWatch ID#: 180072

Number of Grants:

There are around ten tech nonprofits who participate in each year’s Accelerator.

Estimated Size of Grant:

Grants of $25,000, over 100 Bay Area tech and funder connections, and a peer group.

Term of Contract:

The Accelerator will run from roughly July 12 – October 8, 2021.

Additional Eligibility Criteria:

Organizations must be registered as a nonprofit in their country. Fast Forward does not accept B-corps or for profit social enterprises.

For the Accelerator, Fast Forward accepts tech nonprofits who have built an MVP, or plan to have an MVP live by the start of the Accelerator. While they have accepted some later stage organizations, the Accelerator is designed primarily for organizations working on their first MVP or prototype.

Unfortunately, for-profit corporations and startups are not eligible to apply to Fast Forward at this time.

Pre-Application Information:

The application for the Summer 2021 cohort opens February 24, 2021 and closes March 26, 2021. Applications close March 26th at midnight PT.

If you’re selected for an interview, Fast Forward will schedule a 40-minute interview with your team and in late April. At any time during the application period, they may reach out to ask clarifying questions or get more detail on your tech nonprofit.

Final decisions about who is selected will happen around mid-May.

The Accelerator will be virtual in 2021. Fast forward is hoping that participants can meet in-person for Demo Day in early October (in SF or NY) pending the state of the pandemic.

FAQs: https://www.ffwd.org/faq/#Accelerator

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Application: https://docs.google.com/forms/d/e/1FAIpQLSeyTcxDk9PYGMJv8agahLPYw0_5zFikfcSCojcdJvaFEAI_3g/viewform?gxids=7628

Email: accelerator@ffwd.org

URL for Full Text (RFP):

Geographic Focus:

USA: Alabama;   Alaska;   Arizona;   Arkansas;   California;   Colorado;   Connecticut;   Delaware;   Florida;   Georgia;   Hawaii;   Idaho;   Illinois;   Indiana;   Iowa;   Kansas;   Kentucky;   Louisiana;   Maine;   Maryland;   Massachusetts;   Michigan;   Minnesota;   Mississippi;   Missouri;   Montana;   Nebraska;   Nevada;   New Hampshire;   New Jersey;   New Mexico;   New York City;   New York;   North Carolina;   North Dakota;   Ohio;   Oklahoma;   Oregon;   Pennsylvania;   Rhode Island;   South Carolina;   South Dakota;   Tennessee;   Texas;   Utah;   Vermont;   Virginia;   Washington, DC;   Washington;   West Virginia;   Wisconsin;   Wyoming

USA Territories: American Samoa (USA)   Guam (USA)   Puerto Rico (USA)   Virgin Islands (USA)   Northern Mariana Islands (USA)

USA Compact Free Associations: The Federated States of Micronesia (USA)   Marshall Islands (USA)   Republic of Palau (USA)

Canada: Alberta;   British Columbia;   Manitoba;   New Brunswick;   Newfoundland and Labrador;   Northwest Territories;   Nova Scotia;   Nunavut;   Ontario;   Prince Edward Island;   Quebec;   Saskatchewan;   Yukon;

Israel

International country outside of the USA, Israel and Canada.

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