Growth Accelerator

Please note that the Growth Accelerator is a program offered exclusively in English.

Futurpreneur is proud to present the Growth Accelerator, an exciting opportunity for entrepreneurs looking to take their businesses to new heights. Now offered virtually, the program will connect an exclusive cohort of young entrepreneurs across the country, enabling them to network and share ideas as they scale their businesses.

Who Should Apply?

This initiative, launched in partnership with Spin Master Inc. is open to Futurpreneur-supported entrepreneurs who are ready to grow their startup.

What’s Included?

The accelerator includes:

· Nine 2-hour virtual workshops hosted by subject matter experts

· Access to coaching from subject matter experts

· One nine-month check-in

Key Benefits

Participants will benefit from:

· A peer-to-peer support group of like-minded entrepreneurs

· Access to coaching from subject matter experts

· Industry-specific knowledge and skills provided by our partners

· Networking opportunities with experts, coaches and other cohort members

Growth Accelerator topics 2022

Topics may include, but are not limited to:

· Supply chain and operations

· Pitching to buyers

· Organic social media following and influencers

· E-commerce

· Digital marketing and paid social

· Websites

· Shopper marketing (in-store retailing)

· Merchandising and package design

· PR

· Expanding markets

· IP + brand protection

· Recruitment

· Social impact

· Environmental impact and sustainability

· Cash flow

· Access to capital

· Time management and managing change/transitions

· Sales

· Product marketing

· Regulations for packaging

· Inventory management

Eligibility

Before submitting an application for the Growth Accelerator, please ensure that you meet all of the eligibility criteria below:
· Must be operating a full-time business in the packaged goods industry for at least one year. (See industry definition below)
· Must currently have a Futurpreneur loan in good standing, or a redeemed Futurpreneur loan.
· Must have made a minimum of $30,000 in revenue to date.
· Must be ready to grow your revenue by at least 20%.
By submitting an application for the Growth Accelerator you have committed to participating in all the mandatory workshops listed here.

Industry definition:
Packaged goods: Product-based businesses that carry inventory and distribute through an e-commerce platform or retail storefronts. Products must carry a registered SKU and must have the potential for mass production. Must be the main source of income for the business. Must not be one-off products, (ie. daily fresh-baked bread).
Some examples include:
· Packaged food and beverage products
· Beauty, cosmetics, and personal care products
· Home products (home décor, appliances, cleaning products, garden products)
Please note: this excludes clothing products and fashion accessories, daily freshly produced goods in restaurants or bakeries, Drop Shipping-only businesses, multi-level marketing, furniture.

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Important Dates

Application period: September 15, 2021 – October 27, 2021

Selection period: October 14, 2021 – November 12, 2021

Growth Accelerator: January 2022 – September 2022

The following are the set dates for the 2022 Growth Accelerator virtual sessions. Futurpreneur reserves the right to make any changes to this calendar of dates giving at least a month’s notice to the participants.
All sessions are held over Zoom from 1:00pm – 3:00pm Eastern Time
Kickoff: January 27th
Workshop 1: February 10th
Workshop 2: March 3rd
Workshop 3: March 10th
Special guest + networking session: March 24th
Workshop 4: April 7th
Workshop 5: April 21st
Workshop 6: May 5th
Workshop 7: May 19th

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