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APPLICATIONS DUE Dec. 5th, 2021 by midnight, PST
Notifications will be sent out Dec. 20th, 2021
Class begins on Jan 11th, 2022
Spaceworks invites Black business owners and entrepreneurs who are looking to start or grow their enterprise in Tacoma to apply for our Black Business Accelerator program. Spaceworks’ Accelerator provides relevant and meaningful business training along with peer-to-peer support to systematically grow Tacoma’s black business economy to transform our Hilltop community. With more than 100k square feet of retail and office space coming to the area, our goal for each participant is to facilitate their grand (re)openings throughout the city.
The Black Business Accelerator is for folks who are further along than having a business idea. Please see the eligibility requirements below. We serve as a training ground to test new ideas, products and services with a safety net of technical assistance and mentorship. Following is the online application to submit your materials, including your Proposal, Work Samples. We suggest gathering all of these materials prior to starting the online application, although you can save your work and return to it later. Applications are due by midnight, Dec. 5th, 2021


ELIGIBILITY

  • Black-owned small and micro businesses
  • Planning to or currently doing in business in Tacoma
  • Tested product or service in the market (friends, family, markets, social media, etc.

SELECTION CRITERIA
The review process is competitive, and the panel will be looking for a diversity of types of businesses. Businesses will be selected based on the criteria and scored per the percentages listed below.

  • Scale and Impact 50% - i.e., Brick and mortar/space activation, multiple employees, hours per week, commitment to their business, hilltop location 
  • Financial Need 10% - Low-to-moderate income household, impacted by COVID-19?
  • Quality of Product or Service 20% - Is this something people would buy/pay for? Is there a need in the market?
  • Community Investment/Involvement 20% - How will the entrepreneur collaborate and contribute to the vibrancy and growth of the Hilltop community? How willing are they to engage in a multi-year cohort experience?

Selection Process
Applications are due on Monday, Dec 5th at midnight PST. Applications will be reviewed and scored on a rolling basis. Accelerator applications are reviewed by a Selection Panel including Spaceworks’ partners and community members. Applicants will be notified of acceptance by  Dec 20th, 2021 following the decision of the Panel. While 12 businesses will be selected for this pilot cohort, all applicants will receive follow-up correspondences about additional resources for them, either through Spaceworks or a community partner/agency.
Costs
If accepted into the Spaceworks Accelerator, there is a sliding scale $200 fee to support our services for small businesses. The services that we offer small businesses are valued in the $11,000-dollar range, and we are dedicated to bringing those services to you at a much lower price. To fill in the gap, we are dependent on grants, sponsorship, and donations. We offer a sliding scale and payments plans and will not turn anyone away due to inability to pay.
Payment will be requested upon acceptance into the program. There is no cost to apply.
Please contact Kiara Daniels, Spaceworks Accelerator Coordinator, at kiarad@tacomachamber.org  with questions, or to set up a time for an application review prior to your submittal (highly recommended).
APPLICATIONS DUE Dec. 5th, 2021 by midnight, PST
Notifications will be sent out Dec. 20th, 2021
Class begins on Jan. 11, 2022


Winter Cohort Dates 01/11-02/22

  • Classes on Tuesdays, Jan. 11th to Feb. 22, 5:30pm - 7:30pm
  • Hands-on Workshops/Individual Appointments on Thursdays, 5:30pm - 7:30pm
  • Graduation and Final Presentations, Tuesday, Feb. 22nd 2022 6pm-8pm


We use Submittable to accept and review our submissions.