Entrepreneurs Fund Summer Accelerator

The Entrepreneurs Fund Summer Accelerator propels the growth of exceptional Colgate startups and helps them reach commercial viability. 

Awardees will receive $7,500 non-dilutive grant funding, along with hands-on mentorship from experienced entrepreneurs and additional startup resources from within the Colgate community. This year's program will be held virtually from June 1-July 31, 2021. In the past, the program has been held in Hamilton and included workspace and housing; we are exploring this possibility for teams that are interested in being together in residence this summer.

The Entrepreneurs Fund Summer Accelerator is made possible entirely by gifts from alumni, family, and friends. To contribute, make a gift to Thought Into Action. Thank you to the generous contributors who have supported Colgate summer accelerator programs since 2013 with their gifts to the Entrepreneurship in New York Fund and Thought Into Action.

Information for Applicants

The fund is open to for-profit and non-profit ventures with at least one Colgate student or recent alumna/us (graduated within the last 10 years) on the founding team.

Teams are expected to have completed prototyping and have initial traction with their venture. Ventures will be judged by a panel of Colgate alumni entrepreneurs on criteria that include quality of idea, size of problem, team, demonstrated ability to execute, stage of development, and market viability of venture. 

Teams are expected to commit to the Entrepreneurs Fund full-time for the eight-week duration. If held in person, the founding team is expected to reside in Hamilton, N.Y., for the duration of the accelerator. 

Accelerator participants receive the following aids and benefits:

  • $7,500 non-dilutive cash grant
  • Work space and housing in Hamilton for the duration of the accelerator (if held in person; 2021 format to be determined by the time recipients are selected)
  • Access to one-on-one mentoring from entrepreneurs in the Colgate/TIA network
  • Opportunity to be part of a cohort of entrepreneurs where you share best practices and breakthroughs with fellow founders
  • Startup resources key to launching and growing early stage ventures
  • Access to the greater Colgate alumni network
  • Access to the upstate New York startup ecosystem
  • Maintain all rights to intellectual property

 

40
teams to date; 8 cohorts
125+
full-time jobs created and currently filled
55%
of ventures still operating and growing
$510K
seed-granted capital awarded
$20M+
follow-on investment capital raised since participating
2,700+
hours donated by mentors

If you have a startup idea that you are serious about bringing to life, you must apply for the Entrepreneurs Fund. The resources provided for an early stage startup are vital and could be difference between being able to make it happen or letting an idea sit on a shelf. It certainly made the difference for indify.

Keshav Garg ’15, co-founder and CEO, indify

Teams by Cohort

2020

2019

2018

2017

2016

2015

2014

2013