Details and Expectations
The FFBA is not suited for every business. Accepted applicants are expected to make a dedicated investment of time, resources, and energy to meet program requirements and responsibilities.
The Accelerator program follows a 6-month rigorous curriculum that is made up of the following components:
Teleconferences/Class time – 1 hour/month
Mentorship – 4-6 hours/month
Peer-to-peer networking 1-2 hours/month
Completion of specialized tasks tailored to your business – 4-5 hours/month
Market Opportunities Networking events – 2 events (min 2 hours/event)
Minimum total monthly time commitment for a participating business is expected to be 10-15 hours.
Please see below for a general overview of the program components:
Teleconferences and class time: Industry professionals will present hour-long sessions covering a range of business topics with a specialized focus on food and agriculture. The majority of these sessions will be carried out remotely with the expectation for 1-2 classes to be held in-person at a pre-determined location. Participants will have the option of attending each session in person.
Mentorship: Participants will work one-on-one with industry professionals to conduct an in-depth review of their individual business needs and help guide their business into the next stage of development.
Peer-to-peer networking: Facilitated meetings with industry peers designed to offer guidance and seasoned advice throughout the duration of the curriculum.
Completion of specialized tasks tailored to your business: Participants will be expected to commit additional time outside of classes and mentoring to work on their business strategies and complete relevant tasks. Independent work is critical to the successful completion of this program.
Networking Events: Over the course of six months, applicants will be expected to attend approximately two networking events to connect with industry leaders, service providers, potential partners, and investors. These events will be facilitated by HVADC or their collaborative partners.
Financing Pitch: Participants will work to develop a funding pitch aimed at securing financing for their business. The program will culminate in a facilitated pitch to industry leaders and potential funders in spring 2017.
Post-Accelerator Commitment: Participants are expected to commit additional time through the peer-to-peer networking component upon completion of the program to mentor and assist future Accelerator participants and help us to develop a community of food and agriculture entrepreneurs.