AcceleratorEntrepreneurs Roundtable Accelerator (ERA) is a technology accelerator based in New York City that supports early-stage startups through structured…
Plug In Ventures
Plug In Ventures is a nonprofit startup accelerator based in South Los Angeles, focusing on empowering early-stage companies led by underrepresented founders. They aim to drive economic development through innovation and mentorship.
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Overview
Plug In Ventures is a nonprofit ecosystem builder founded in 2015, dedicated to supporting underrepresented entrepreneurs, particularly from Black and Latinx communities. With a focus on fostering collaboration among founders, investors, and corporate partners, Plug In Ventures has created a thriving ecosystem that has supported over 1,200 founders and facilitated the raising of more than $30 million in capital. The organization offers various programs, including the Enterprise Growth Residency and a pre-accelerator, aimed at helping startups transition from early traction to Series A readiness.
Focus
Plug In Ventures invests in diverse founders, particularly those from underrepresented communities, with a focus on sectors such as fintech, healthcare, climate, and media. Their programs are tailored for late seed-stage companies, especially in Enterprise AI and Automation, bridging the gap between early traction and Series A readiness.
Support
Plug In Ventures offers mentorship, access to non-dilutive capital, sales development, and curated investor connections through its programs. The Enterprise Growth Residency provides $50K-$100K in funding, along with support to help founders scale their businesses effectively.
Questions
What types of companies does Plug In Ventures support?
Plug In Ventures supports early-stage and venture-backable companies, particularly those founded by underrepresented entrepreneurs.
What is the Enterprise Growth Residency?
The Enterprise Growth Residency is a 12-month program designed for late seed-stage Enterprise AI and Automation companies, focusing on non-dilutive capital and investor access.
How can I apply?
Interested founders can apply through the application forms available on our website.
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