October 18-20 | Tucson, AZ

The Research Institution GAP Fund and Accelerator Program Summit

1717 Innovation Center to launch new accelerator for Richmond nonprofits 

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October 18-20, 2023 / Tucson, AZ
The annual summit for research institution gap fund and accelerator programs, including proof of concept programs, startup accelerators, and university venture funds

The Story

Just weeks after gaining its first accelerator focused on nonprofits, Richmond snagged a double dose.

Applications opened Monday for @1717, a new nonprofit accelerator run by Capital One’s 1717 Innovation Center.

This fall, Richmond’s resident banking giant and 1717 are piloting the program, which aims to support Richmond-area nonprofits in expanding capacity to help them deliver social impact. The 12-week accelerator will take five organizations through a full needs assessment conducted by the Taproot Foundation, workshops led by Capital One, project support and expertise, peer-to-peer learning and mentorship.

“At 1717, we believe nonprofits and startups have many similarities: They solve problems through innovation, their people wear many hats and they take risks because they believe in their mission,” the company said in a release. “And because we believe nonprofits and startups have a lot in common, we have decided to adopt the accelerator model to provide support for Richmond-area nonprofits.”

 

Source: 1717 Innovation Center to launch new accelerator for Richmond nonprofits – Greater Richmond Partnership | Virginia | USA

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