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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

  • 3 Cohorts

  • 1 Franchise Bid

  • 3 Pitch Competition Grant Awards 

  • 1 Cause Marketing Campaign Air

Computer Class

$150,000

Start.Pivot.Grow. Accelerator

Entrepreneur Education
Business Advising and Technical Assistance

3 Cohorts February - October

  • 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

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$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

  • UPS Franchise Fee Discount

  • $189,000 Forgivable Loan [CDFI Partner]

  • UPS Store in RedBird Mall or Dallas College Campus Site

  • Franchise Pitch Competition Grant $25,000

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