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

When working for justice, the promotora model builds power in communities even during a pandemic

Plugged-in and nonprofit: Nominate up to 10 people to be considered for inclusion in our ‘RealLIST Connectors’

Restoring this $200K to the budget for FY21 could literally save lives, say nonprofit leaders

SPONSORED

Generocity Philly

Listen to the pitch, then cast your vote for one of seven local nonprofits

3300 Henry Avenue Philadelphia, PA 19129

Public Health Management Corporation

PT Behavioral Health Technician

Apply Now
Remote

Emancipet

Senior Director, Direct Response Marketing

Apply Now

We are all social enterprises now

How to successfully shelter in place: 4 lessons learned from living in sanctuary

South Philly Barbacoa’s chef will appear on a segment of ‘What’s Eating America’ this Sunday

SPONSORED

Generocity Philly

La educación puede ayudar a romper el ciclo de pobreza en El Barrio

Wilmington, DE

Habitat for Humanity of New Castle Co., Inc.

Marketing Manager

Apply Now
1501 Cherry Street, Philadelphia PA 19102

Community Ventures

Chief Financial Officer

Apply Now
Bala Cynwyd, PA 19004

Alliance for Decision Education

Director of Communications

Apply Now

Sign-up for daily news updates from Generocity