Accelerators Across U.S. Get $4 Million from SBA

aug acceleratorsIn another sign that governments are becoming more savvy when it comes to the economic potential of high-growth startups, the U.S. Small Business Administration recently announced $4.4 million in support for accelerators in 39 states (plus Washington D.C. and Puerto Rico). 

The eighty accelerators selected as winners in the Growth Accelerator Fund receive $50,000 each in cash from the SBA. In exchange, they commit to quarterly reporting for one year — tracking metrics such as jobs created, funds raised, startups launched and corporate sponsors secured. 

Through the Policy Dialogue on Entrepreneurship, we frequently talk about the explosion of programs to support entrepreneurs and how there is still a relative paucity of data. While those particular metrics might not be at the depth required to truly gauge the impact of accelerator programs — and other efforts to support entrepreneurs — it is a step in the right direction. 

The competition intentionally focused on increasing awareness and providing funding to "parts of the country where there are gaps in the entrepreneurial ecosystem." $4 million was provided to the 80 accelerators -- an additional $400,000 was directed to ecosystems primarily dedicated to Native American entrepreneurs and small businesses. 

City

State

Name of Accelerator

Anchorage

AK

Launch : Alaska

Homer

AK

Alaska Small Business Incubator, LLC

Birmingham

AL

Velocity

Fayetteville

AR

Startup Junkie Consulting, 2.7.0  Accelerator

Phoenix

AZ

CPLC Pickle House

Phoenix

AZ

SEED SPOT

La Jolla

CA

mystartupXX, University of California San Diego

Los Angeles

CA

LACI (Los Angeles Cleantech Incubator)

Oakland

CA

Impact Hub Oakland

San Diego

CA

Hera Labs

San Jose

CA

Manos Accelerator

Alamosa

CO

San Luis Valley Local Foods Coalition

Boulder

CO

Unreasonable Institute

Boulder

CO

MergeLane

Loveland

CO

The Warehouse Business Accelerator

Hartford

CT

LaunchPad for Impact

Washington

DC

Halcyon Incubator

Washington

DC

Launch Pad

Washington

DC

Mess Hall

Fort Pierce

FL

Pioneer Business Incubator

Orlando

FL

VentureScaleUp

Tampa

FL

FirstWaVE Accelerator

Atlanta

GA

FOCUS Inculator

Rome

GA

Makervillage

Honolulu

HI

XLR8UH

Kahului

HI

Maui Food Innovation Center - Maui Accelerator Program

Kailua-Kona

HI

GVS Transmedia Accelerator

Cedar Rapids

IA

Entrepreneurial Development Center, Inc.

Cedar Rapids

IA

Iowa Startup Accelerator

Champaign

IL

I-Start (EnterpriseWorks at the UIUC Research Park)

Chicago

IL

Fulton-Carroll Center

Chicago

IL

Impact Engine

Park Forest

IL

SouthWorks MakerLab in Park Forest

Anderson

IN

Flagship Accelerator Program

Louisville

KY

XLerateHealth

Louisville

KY

LVL1 Inc.

New Orleans

LA

PowerMoves.NOLA

New Orleans

LA

Propeller: A Force for Social Innovation

New Orleans

LA

The Idea Village

Boston

MA

Fraunhofer TechBridge

Boston

MA

InciteHealth

Somerville

MA

Greentown Labs

Rockville

MD

Relevant Health

Portland

ME

E2Tech - Environmental & Energy Technology Council of Maine

Portland

ME

Maine Center for Entrepreneurial Development (MCED)

Battle Creek

MI

Inge's Place

Detroit

MI

NextEnergy

St. Louis

MO

Prosper Startup Accelerator

Bozeman

MT

406 Labs

Charlotte

NC

RevTech Labs & QC FinTech

Research Triangle Park

NC

First Flight Venture Center

Omaha

NE

Year of the Startup

Keene

NH

Hannah Grimes Center

Ironia

NJ

Great Turning Advisors Social Business Accelerator

Albuquerque

NM

Creative Startups Accelerator

Albuquerque

NM

Native Entrepreneur in Residence Program

Brooklyn

NY

Manufacture New York

Ithaca

NY

Passenger to Pilot: Empowering Women Entrepreneurs

Long Island City

NY

Coalition for Queens (C4Q)

New York

NY

KiiLN – Keystone for Incubating Innovation in Life Sciences Network

New York

NY

Minority Venture Partners (MVP) Accelerator

Cincinnati

OH

First Batch

Cleveland

OH

VictoryStart

Medford

OR

Sustainable Valley Technology Group

Portland

OR

Oregon BEST StartSpace

Portland

OR

ONABEN

Philadelphia

PA

University City Science Center Digital Health Accelerator

Reading

PA

IDEA Food Accelerator

San Juan

PR

EnterPRize Accelerator

San Juan

PR

Codetrotters Academy / Accelerator

Providence

RI

Social Enterprise Greenhouse Accelerator

Charleston

SC

Local Works

Greenville

SC

Greenville Chamber Minority Business Accelerator Program

North Charleston

SC

Fresh Future Farm Inc.

Chattanooga

TN

CO.LAB (The Company Lab)

Memphis

TN

ZeroTo510

Memphis

TN

Start Co. Integration Accelerator

Dallas

TX

EMERGE powered by Tech Wildcatters

El Paso

TX

RedSky

San Antonio

TX

Live Work Unit Accelerator

Salt Lake City

UT

Sustainable Startups

Arlington

VA

Eastern Foundry

Hampton

VA

Peninsula Technology Incubator

Richmond

VA

Lighthouse

Vienna

VA

Equita

Spokane

WA

Ignite Northwest

Milwaukee

WI

WERCBench Labs

Beckley

WV

West Virginia Hive

 

Office of Native American Affairs Special Prizes

City

State

Name of Accelerator

Anchorage

AK

Launch : Alaska

Fayetteville   

AR

Startup Junkie Consulting

Kahului 

HI

Maui Food Innovation Center - Maui Accelerator Program

Albuquerque

NM

Native Entrepreneur in Residence Program

Charleston

SC

Fresh Future Farm Inc.

Fort Pierce

FL

Pioneer Business Incubator

Portland

OR

 ONABEN

Homer

AK

Alaska Small Business Incubator, LLC


Photo Credit: Flickr

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