III. APPLICATION GUIDE
This comprehensive guide is designed to help founders develop their applications for the accelerator.
The online application portal will close on July 8.
APPLICATION PREWORK
We strongly suggest you begin organizing your team, identifying necessary information, and planning your responses to essay and video prompts in advance of the June 2 application opening date.
In preparation for the application, your team will want to clearly, concisely, and compellingly identify:
- The Problem, Solution, and Potential Impact
o What problem (health, wealth, or environmental disparities) are you addressing?
o What solution have you developed?
o What changes will your venture bring to the community when you are successful?
o Who will these changes impact? Who are you trying to serve?
- Value Proposition: What is the specific value your product or service brings to its customers and the community?
- Ideal Customers: Who might be paying for your product or services? (This may be different from the people you are trying to impact.)
Once you have clearly thought through and articulated these key components of your venture, the application will take approximately 2-3 hours to complete.
DEEP DIVE: WHO THIS ACCELERATOR IS FOR:
This accelerator is designed for teams that want to address health, sustainability, and technology equity disparities in Washington, D.C., and beyond. They must have expertise or experience with the specific issue, have ideas on how to address it, and need help refining and developing their solution as they move towards product-market fit.
Founders must already have incorporated an organization that is pursuing relevant work in one of the interest areas or working towards incorporation prior to the start of the fall cohort. Teams that are incorporated must be for-profit social enterprises or nonprofits with a mission to solve problems in or using health, health technology, sustainability, mental health, or food and nutrition.
Additionally, teams must demonstrate previous work and/or have a connection to the D.C. community. The intention of the program is to provide Washington, D.C., leaders and residents with input into changes that affect their communities. If your venture's leaders do not reside in DC's 5 -8 Wards, they must be able to demonstrate an ongoing and sustained commitment to these communities.
The team must have 2 to 4 members who bring subject matter expertise, business experience, and a technology interest. They should have a variety of skill sets such as experience in health, operations, communications, outreach, marketing/business development, project management, design, finance, law, technology, or other skills relevant to the team's problem and solution (e.g. former chef/nutritionist, psychologist, social worker, patient advocate, environmental wildlife biologist, etc.). We are not explicitly requiring these areas of expertise, but rather are looking for teams with a complementary combination of expertise and experience. We are also looking for teams who have a history of working together or who have a compelling case for why their new team formation is viable.