Idea Village

IDEAxcelerator is a 6-month, intensive accelerator for scalable, high-growth ventures. Applications are open now through August 27th. We are looking for entrepreneurs who fit the following criteria:

Qualification Criteria

Be organized as a for-profit business.
Be located in the 7-parish New Orleans region: Orleans, Jefferson, Plaquemines, St. John, St. Charles, St. Tammany, and St. Bernard.
Generate less than $1M in annual revenue.

Assessment Criteria
Opportunity

Entrepreneur(s) has identified a problem and is pursuing an innovative solution to fill that need.
Entrepreneur(s) has a defensible competitive advantage.
Entrepreneur(s) has a customer base that is large enough to scale the venture.

Entrepreneur

Entrepreneur(s) has the capacity to leverage constructive feedback and integrate advice and counsel.
Entrepreneur(s) has the ability to manage uncertainty and ambiguity and to take measured risk.
Entrepreneur(s) is committed to the venture full-time.
Entrepreneur(s) has relevant experience.
Entrepreneur(s) is willing to share experiences and expertise with peers and to serve as a role model for the entrepreneurial community in New Orleans.

Business

Venture has a business model that is viable and scalable.
Venture has a capable, committed, and cooperative management team that has made significant personal investment in the business to date.

Mission

Venture has a high potential for positive economic, social, and/or environmental impact in the New Orleans region.
Venture aligns with The Idea Village mission.
Venture’s needs align with The Idea Village programming and resources.

Please contact Victoria Adams at Idea Village if you are interested in this educational opportunity. Email: victoria@ideavillage.org Phone: (504) 309-9329

Comments are closed.

%d bloggers like this: