FROST BANK SPONSORS FIRST ACCELERATE SCHOLARSHIPS FOR FEMALE FOUNDERS AT IMPACT HUB HOUSTON
2021 March 18 – Houston, TX – Impact Hub Houston, a nonprofit impact innovation incubator dedicated to helping diverse changemakers and social entrepreneurs launch impact-driven ventures, announces a new partnership with Frost Bank to sponsor eight female founders to participate in their new Accelerate Membership Program.
The first Impact Hub in the United States to provide the global Accelerate Membership program, Impact Hub Houston will work with Frost Bank to select eight women entrepreneurs from applicants across the Greater Houston area to receive the program for three months at no cost to them, ensuring that critical business and financial support goes to diverse entrepreneurs that need it most.
From Solution Diagnostics to Business Model Validation to Funding Readiness, this inaugural cohort will offer women entrepreneurs at any stage of their development journey a step-by-step methodology to rapidly and systematically refine their business model among peers, and gain a deeper understanding of business and financial management while getting their venture ready for pitching to stakeholders and potential funders.
Impact Hub Houston CEO/Executive Director, Grace Rodriguez, shares: “We are passionate about Gender Equality (SDG 5), Reducing Inequalities (SDG 10), and Economic Growth (SDG 8); and want to help women build strong startups that secure the capital they need to succeed and scale. We designed our Accelerate Programs to offer diverse entrepreneurs continuous education, community, and support to develop their ventures, graduate into renowned accelerator programs from our partners like MassChallenge and Greentown Labs, and then return to us to expand into the many markets around the world where Impact Hubs have a presence. We’re so excited that Frost Bank shares this passion for creating impact through supporting diverse entrepreneurs and local businesses; and we look forward to working with them to empower more women onto paths of financial resilience and generational wealth.”
Trisha Bradley, Vice President and Community Development Officer at Frost Bank, states: “Giving back to our communities has been part of the Frost culture since our company was founded more than 150 years ago, and we’re proud to support local women-owned small businesses through our partnership with Impact Hub Houston.”
“At Impact Hub we believe the time to act is now. It’s why we are excited to launch our new Accelerate Membership”, says Maria Trindade, Global Network Development Director at Impact Hub Global. “Its unique approach combines all the benefits of an enterprise support program with the flexibility that entrepreneurs need; plus its tailored nature makes this intervention highly accessible for entrepreneurs from diverse backgrounds who may not be able to dedicate full-time to their business idea.”
To apply for the Frost Bank Female Founder Scholarship, please click here or scroll down to the form below.
About Frost (frostbank.com): Frost is the banking, investments and insurance subsidiary of Cullen/Frost Bankers, Inc. (NYSE: CFR), a financial holding company with $42.4 billion in assets at Dec. 31, 2020. One of the 50 largest U.S. banks by asset size, Frost provides a full range of banking, investments and insurance services to businesses and individuals in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Permian Basin, Rio Grande Valley and San Antonio regions. Founded in 1868, Frost has helped Texans with their financial needs for three centuries.
About Impact Hub Houston (houston.impacthub.net): Impact Hub Houston is a locally rooted, globally connected, 501c3 nonprofit impact innovation incubator that empowers diverse changemakers to solve some of society’s most pressing issues. A member of the Impact Hub global network — the world’s largest community recognized by the United Nations for accelerating entrepreneurial solutions towards measurable and scalable impact for the Sustainable Development Goals (SDGs) — Impact Hub Houston intentionally designs places, platforms, and programs to build an inclusive innovation ecosystem that looks like Houston and works for all.
About Impact Hub (https://impacthub.net): Impact Hub is a global network focused on building entrepreneurial communities for impact at scale. With 100+ communities of 16,500 social entrepreneurs & innovators in more than 55 countries across five continents, Impact Hub is one of the world’s largest communities and accelerators for positive change. It contributes to the development of social enterprise ecosystems to drive collaboration and innovation around the Sustainable Development Goals through locally rooted Impact Hubs, as well as with partners and allied networks.