How do I apply for the OU Impact Accelerator program?
You can request an application by clicking here. You will then be emailed an application. We recommend you review the questions before you submit. Please submit your application with your $36 application fee by October 6, 2019.
How does the accelerator work?
The accelerator is a 10-month program that includes on-site seminars and personal training to expand your ventures and their impact. The program will culminate with a community Demo Day to present your ventures to potential investors and community members.
What kinds of nonprofits do you support in the accelerator?
We accept any nonprofit organization that has a 501c3, is fiscally sponsored, or is looking to obtain status as a 501c3 or fiscally sponsored organization. We only accept organizations that service the Jewish community.
What does the OU Impact Accelerator look for in a nonprofit?
The Accelerator aims to address critical needs of the Jewish community through innovative solutions. We look for four main criteria when evaluating applications: communal need, innovation, maturity, leadership, and potential for impact.
How is the OU Impact Accelerator different from other grants and training programs?
Since its inception, the OU has accelerated programs that address the needs of the Jewish people and it is this long-standing impact that sets us apart. With the Impact Accelerator, you will receive unparalleled support and resources from the OU and a personalized experience catered to your nonprofit due to the cohort class size. Through the OU accelerator, we combine funding, education, and mentorship to build a first-rate program.
Does the OU Impact Accelerator invest in nonprofits?
Yes. The OU Accelerator awards the selected nonprofits with $25,000 upon successful completion of the Accelerator cohort. Clear guidelines for graduation are outlined in the welcome materials upon acceptance to the Accelerator. Requirements include preparation, attendance, and active participation in on-site seminars as well as consistent and visible growth.
What is the time commitment for nonprofits in the accelerator?
Over the course of the 10-month accelerator, you will be attending on-site seminars at the OU Headquarters in downtown Manhattan. There will be 10-12 total days on-site as well as a final Demo Day. You will also have off-site work with mentors, preparation, and creating your business plan. For a sample seminar schedule, click here.
Where must my nonprofit be located?
The Impact Accelerator works with nonprofit entrepreneurs that cater to the North American Jewish Community. While the nonprofit can be based in any US city, the entrepreneurs will need to be able to travel to the OU Building in NYC for on-site seminars, Demo day, and events.
When can I apply for the OU Impact Accelerator cohort?