Growth-Stage Accelerator
for Latino & BIPOC Business Leaders
LEAP (Latino Entrepreneur Access Program):
- Goes beyond a conventional accelerator model
- Is a growth-stage ecosystem designed to address the unique business journey of Latino and BIPOC entrepreneurs
- Incorporates technical, social, and financial tools and resources with the support and rigor of a paid advisory board provided to LEAP entrepreneurs for one year
Latino Entrepreneur Access Program
LEAP addresses all key components of growth and scale by providing LEAP entrepreneurs access to three critical resources: technical, social, and financial capital
LEAP is designed to drive three major outcomes for entrepreneurs:
- Sustained profitable revenue growth
- Workforce expansion
- Access to new capital from public and private financing sources
Why LEAP Matters
Inequities & Opportunity Gaps Significantly Limit the Full Potential of Latino &
BIPOC Entrepreneurs
LEAP Closes the Economic Opportunity Gap in Entrepreneurship
There are only 330,000 Latino-owned businesses with employees in the U.S. Only 3% of Latinos are accepted into traditional accelerator programs primarily focused on the start-up community.
LEAP is different. It is designed and built with access to culturally relevant expertise, tools, and resources to accelerate profitable revenue growth, workforce expansion, and realize the full economic potential of growth-stage Latino and BIPOC-owned businesses.
Business Ownership is an Equalizer of Wealth Disparity
On average, business owners have a median net worth 12x higher than those who do not own a business. However, Latino and Black Americans have levels of net worth that are only one-tenth of those held by White Americans.
LEAP is designed to help bridge the gap by mitigating or negating the effects of structural obstacles to business sustainability, growth, and expansion for Latino and BIPOC entrepreneurs.
Culturally Relevant Expertise & Resources Matter
Latino and BIPOC entrepreneurs have less access to financial, technical, and social capital, making it more costly and time-consuming to grow and scale their businesses.
LEAP provides access to culturally relevant expertise and resources to address the more nuanced and complex challenges faced by Latino and BIPOC businesses focused on expansion and sustainability.
LEAP Entrepreneurs
Eligibility Requirements:
Latino and BIPOC founders and business owners:
- Must be a CEO, president, or business owner
- Must identify as Latino or BIPOC
- Must have a minimum of two employees or independent contractors working for the company
- Must be headquartered in the U.S.
- Must generate a minimum of $100,000 in annual revenue
LEAP Outcomes
- Sustained profitable revenue growth
- Workforce expansion
- Access to new capital from public and private financing sources
Program Overview
- 1-year program
- 6-Part Interactive Speaker Series led by industry-leading business experts on horizontal business topics such as preparing capital investments, recruiting and retaining top talent, and increasing sales and market reach
- Individually selected and assigned paid advisory board members for one year
Contact Harry Hollines for more information.
Advisory Board
Building an Extraordinary Latino & BIPOC Advisory Board with Diverse Expertise
The LEAP Advisory Board is composed of CEOs, senior executives, and industry experts with substantial expertise in sales and marketing, operations, fundraising, and finance.
Advisory board members share a commitment to teach, mentor, and coach LEAP entrepreneurs who are primed for future success. They work alongside other industry, business, and financial leaders while working directly with tomorrow’s success stories. Their expanded network and board experience serves as a springboard for larger nonprofit and for-profit boards.
Advisory board members are compensated for their participation in quarterly board meetings and mentorship sessions.
Partners
