Market Landscape for Incubators Supporting Start-Ups Founded by Underrepresented Individuals
Situation
Our client was looking to better understand the landscape of resources, funders, accelerators, and other supports available to underrepresented entrepreneurs.
Objective
The objective was to identify how other corporates are supporting start-ups, what organizations are sourcing underrepresented founders, and assess the overall landscape for incubators and innovation hubs across the U.S.
Our Work
10EQS identified and interviewed leaders across corporate accelerator programs and other innovation hubs to assess the market landscape, including organizations that source underrepresented founders at the seed/pre-seed stage, the availability of marketplace-type platforms connecting startups and funders, and key regional innovation hubs.
Project Team
- Ex-McKinsey Management Consultant with extensive experience in the non-profit space.
- 10EQS Delivery Operations (=PMO) providing quality assurance, process management and expert recruitment
- 6 industry experts
Industry Experts
- Managing Director – Minority Angel Investment Network (US)
- Entrepreneur in Residence – Accelerator Created by a Multinational Investment Bank (US)
- Regional Business Development – Provider of Proprietary Platform for Underrepresented Founders (US)
- Ventures Advisor – Minority-Focused Venture Capital Firm (US)
Results
10EQS identified a meaningful gap in the market when it comes to matching founders and funders to the right program and defined recommendations for our client to uniquely position themselves to support underrepresented entrepreneurs.