Program Budget
UPS Ignite and Start.Pivot.Grow. Accelerator Investment Request $435,000
One year collegiate small business accelerator program. Includes education, technical assistance, access to capital, pitch competition and cause marketing campaign.
Term:
Projected start date of February 2024 - November 2024
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3 Cohorts
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1 Franchise Bid
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3 Pitch Competition Grant Awards
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1 Cause Marketing Campaign Air
$150,000
Start.Pivot.Grow. Accelerator
Entrepreneur Education
Business Advising and Technical Assistance
3 Cohorts February - October
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Accelerators
Cohort 7 February - March 2024
Cohort 8 April - June 2024
Cohort 9 July - September 2024
60 Participants
$45,000
Pitch It! Texas Pitch Competition Match Grant
$10,000 Match Grant Cohort 7 Pitch Small Business Grant Award
$10,000 Match Grant Cohort 8 Pitch Small Business Grant Award
$25,000 Match Grant Cohort 9 Pitch Small Business Grant Award
$60,000
Cause Marketing Campaign
eCommerce influencer and franchise owner cause marketing campaign to highlight diverse small business influencers with successful eCommerce businesses who use UPS shipping and business services to support their business growth. $1 million - $2.5 million revenue BIPOC, veteran and disabled influencers. Content to air on Telemundo, Hulu, Spectrum, Dallas Cowboy Stadium and partner social media channels. UPS in-kind production and cash sponsorship.
$214,000
UPS Foundation Award
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UPS Franchise Fee Discount
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$189,000 Forgivable Loan [CDFI Partner]
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UPS Store in RedBird Mall or Dallas College Campus Site
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Franchise Pitch Competition Grant $25,000