Thanks to $500K, these nonprofits are teaming up to launch a Global Startup Accelerator - Generocity Philly

Funding

Oct. 25, 2017 11:40 am

Thanks to $500K, these nonprofits are teaming up to launch a Global Startup Accelerator

Welcoming Center for New Pennsylvanians and Science Center just won half a million dollars to support local startups looking to scale to Europe and India.

Looking toward the future at the Science Center.

(Photo via facebook.com/UcScienceCenter)

Full disclosure: Welcoming Center for New Pennsylvanians has underwritten a Generocity series on its Immigrant Leadership Institute. That partnership is unrelated to this report.
Editor's note: This story has been updated to include more details about the Global Startup Accelerator. (10/25, 2:38 p.m.)
Two Philly nonprofits just got some serious cash to support local startups.

Immigrant resource nonprofit Welcoming Center for New Pennsylvanians and University City tech hub Science Center just won half a million dollars to launch Global Startup Accelerator, a forthcoming initiative for Philly companies looking to scale internationally.

The money comes from an i6 Challenge grant through the Economic Development Administration’s Regional Innovation Strategies program.

“This is an opportunity to harness the value of the immigrant entrepreneurial community in the city, not only as local job creators, but also as mentors, opening doors to global opportunities for the local startup community,” said Welcoming Center President and CEO Peter Gonzales in a statement.

Details are vague for now, but we do know the accelerator will be launched by January and start by focusing on startups looking to expand in Europe and India, specifically. Companies will be able apply to be part of program when it launches next year.

Welcoming Center has served immigrants in the Greater Philadelphia region for the past 15 years through programs such as its Immigrant Leadership Institute but recently expanded its services to American entrepreneurs who work in the international domain and likeminded organizations — including the Science Center: The two organizations have partnered before, on Welcoming Center’s Global Access Program.

But this isn’t the first time the Science Center has centered immigrants: Its most recent class of the Innovators Walk of Fame exclusively features immigrant entrepreneurs, and CEO Steve Tang is an outspoken supporter of immigrants and the benefits they bring to the region’s economy.

From our Partners

-30-
LEAVE A COMMENT

From our Partners

Help Quaker City Coffee move on in the global finals of WeWork’s Creator Awards

After federal cuts, Philly funders are stepping up for this refugee service nonprofit

SPONSORED

Generocity Philly

For immigrants, civic engagement is essential to success

1330 N. 5th Street,Philadelphia, PA 19122

http://www.bicycletransit.com/

Brand Ambassador

Apply Now
Philadelphia, PA

Knight Foundation

Summer of 2018 Paid Internship at Knight Foundation

Apply Now
4355 Orchard Street, Philadelphia, PA 19124

Rebuilding Together Philadelphia

Development Director

Apply Now

How Invincible City Farms plans to bring jobs and fresh food to North Camden

What the founder of this sustainable textile company has learned about local community building

Sanctuary cities 101: Why they matter and how Philly came to be one

Philadelphia

William Penn Foundation

Program Associate, Creative Communities

Apply Now
Philadelphia

Fairmount Ventures Inc

Project Manager

Apply Now
Center City Philadelphia

The Chamber of Commerce for Greater Philadelphia

Coordinator, Member Engagement

Apply Now

Sign-up for regular updates from Generocity