IDEAfuel is a program launched by The Idea Village in 2022 aimed at increasing the diversity, equity, and inclusivity of the region’s startup community. IDEAfuel focuses solely on supporting and funding startups founded by Black, Indigenous, and other People of Color (BIPOC).
The program is seeking applicants growing an early-mid stage Software as a Service (SaaS), consumer packaged goods (CPG), or other tech-enabled startups. Applications are due Friday, February 10 at midnight CST.
IDEAfuel is open to any founder who identifies as BIPOC and has completed IDEAinstitute, or commits to completing IDEAinstitute if accepted into IDEAfuel.
Selected participants will receive 1:1 business mentorship, exclusive business resources, access to The Idea Village’s mentor network, and $15,000 in non-dilutive funding.
“The goal of the IDEAfuel program is to begin to address the significant shortage of support and capital for BIPOC-founded startups as they navigate the early stages of going to market,” shared The Idea Village.
Learn more and apply at ideavillage.org/ideafuel.