Nex Cubed

Nex Cubed is a pre-seed venture accelerator and startup studio founded to support underrepresented founders, particularly Black, female, and Latin entrepreneurs. The organization aims to promote diversity, equity, and inclusion within the startup ecosystem. It is based on a foundation of collaboration with Historically Black Colleges and Universities (HBCUs) and has been operational for over ten years.

Nex Cubed invests in diverse founders and provides a bespoke accelerator program. The organization focuses on four primary sectors: FinTech, HealthTech, EdTech, and PropTech. It aims to connect underrepresented founders with a network of mentors and strategic partners to ensure equitable opportunities for success.

Nex Cubed offers mentorship, access to a network of strategic partners, and tailored support to underrepresented founders to help them succeed in their entrepreneurial journeys.

<p><strong>What are the eligibility criteria for applying to Nex Cubed?</strong></p><p>Founders from diverse backgrounds, particularly Black, female, and Latin entrepreneurs, are encouraged to apply. Startups should be in the pre-seed stage and align with the sectors of FinTech, HealthTech, EdTech, or PropTech.</p><p><strong>How does the application process work?</strong></p><p>Interested founders can apply through the Nex Cubed website at <a href='https://nex3.com'>nex3.com</a>. The application typically requires a pitch deck and information about the startup's mission and team.</p><p><strong>What are the deal terms for accepted startups?</strong></p><p>Nex Cubed offers a $25,000 investment in exchange for equity, with specific terms discussed during the onboarding process.</p><p><strong>What is the format of the program?</strong></p><p>The program is hybrid, combining in-person and virtual sessions. This allows for flexibility and accessibility for all participants.</p><p><strong>What makes Nex Cubed different from other accelerators?</strong></p><p>Nex Cubed focuses specifically on supporting underrepresented founders and promotes diversity, equity, and inclusion within the startup ecosystem. Their tailored approach and strong network of mentors set them apart.</p><p><strong>What are the success metrics for alumni?</strong></p><p>Success metrics include funding raised, partnerships formed, and overall growth of the startups post-program. Nex Cubed tracks the progress of its alumni to measure impact.</p>