The Orthodox Union has opened the application process for the third cohort of its Impact Accelerator program, which works to identify and invest in ventures addressing current and future Jewish communal interests.
The program runs for 12 months and is built on mentorship-based growth and early-stage funding for Jewish nonprofit entrepreneurs. Chosen ventures will be awarded between $10,000 and $15,000 each.
Candidates are Jewish nonprofit entrepreneurs who live in and cater to the North American Jewish community. Ideally, applicants will have been operating their ventures for one to four years, and serve needs critical to America’s Orthodox community through innovative solutions.
The application process includes completing an online form, an interview with the OU Impact Accelerator selection committee, and a pitch to the program’s board. Applications are due Friday, Oct. 30. For more information, or to apply, go to ou.org/accelerator/apply.
The Impact Accelerator will pair members of the selected cohort with experienced professional mentors and supply them with the OU’s resources, network, and knowledge base. Winning entrepreneurs will take part in a customized curriculum of business skills, coaching, funding, and implementation strategies, which will begin through virtual meetings. Once it is safe, they will go to onsite seminars at OU headquarters. Some of the earlier cohort ventures already have doubled their client bases and earned significant communal recognition for their efforts.
Last year’s cohort participants included Ani Tefillah/The Voice of Jewish Education, the Teaneck-based Communities Confronting Substance Abuse, Inc., Chinuch Yehudi, and Daily Giving.
“The mission of the OU Impact Accelerator is to transform the Jewish future by helping communal entrepreneurs affect our wider communal ecosystem,” its founding director, Jenna Beltser, said. “By working with the Orthodox Union, these ventures will have the ability to tap into the OU’s professionals, its network and organizational expertise in program development; nonprofit management; marketing and more.”
For more information, go to ou.org.