Business Accelerator

FREQUENTLY ASKED QUESTIONS

 

DOES MY STARTUP HAVE TO BE A "SOCIAL BUSINESS" TO APPLY?

No, and yes. Our Accelerator focuses on helping entrepreneurs who feel called to business as a means to do good in the world. This can look many different ways, from having a robust organizational culture that reflects the Gospel or making business decisions that advance the common good, to having a social component built into the model. We'll have a mix in the program.

 

CAN AN ORGANIZATION HAVE MORE THAN ONE FELLOW?

Each selected organization may bring up to two Fellows (the second seat is an additional $3,000). The first person must be the top decision maker in the organization. The second person should also be a senior member, whether a Board Chairman, co-founder, COO, or otherwise.

 

DO I HAVE TO BE A CHRIST-FOLLOWER TO BECOME A FELLOW?

Yes. We  ask all applicants to affirm the Apostle’s Creed. We require this because we set out to create an environment where mentors and Fellows operate from the same base of beliefs, encouraging a rich conversation around the expression of faith in work. We do not have a denominational affiliation.

 

IS PRAXIS ONLY FOR RELIGIOUSLY OVERT ORGANIZATIONS?

No. Organizations that come through our accelerator are not required to have a religious affiliation. Praxis provides space for conversation where leaders can understand how the message of the Gospel informs and gives life to their work.

 

CAN I GO TO ONE EVENT AND HAVE ANOTHER CO-FOUNDER ATTEND ANOTHER? WHAT IF I HAVE TO MISS ONE OF THE DAYS BECAUSE OF ANOTHER MEETING?

One of the main benefits of the Praxis Accelerator is the peer community. We require Fellows to attend all three events in their entirety. This includes the second fellow who may be  admitted as part of a team.

 

CAN I APPLY IF I JUST HAVE AN IDEA?

We accept applications from anyone, but the most competitive applicants will have something in the market. We consider exceptions from proven serial entrepreneurs, senior leaders with deep domain experience, or people working full-time on their idea that will be in market once the program begins.

 

WHAT IF I’M LOCATED OUTSIDE OF THE US?

Great! We’d love for you to apply to our program. Please note, if you are not a US citizen, you will need to begin visa processing well in advance of the first event.

 

WILL I BE ASSIGNED A MENTOR?

We don’t believe forced, matched mentorship works, and so all mentorship in the Praxis Accelerator happens organically. We curate an amazing group of more than 25 mentors with whom all Fellows have the chance to personally interact through intimate conversations and one-on-ones.

 

WHAT HAPPENS AFTER THE PROGRAM FINALE?

Praxis supports Fellows in an ongoing basis through their invitation to and participation in the Praxis community, including the annual Redemptive Imagination Summit. Fellows are encouraged to engage in our jobs board, content opportunities, and ongoing Praxis gatherings.

 

WHAT TYPES OF APPLICATIONS DON’T  YOU ACCEPT?

While we accept many types of applications, we do not look for academic projects, research initiatives, or side projects. Should you have a specific question about whether your organization is a good fit, please contact us.

 

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