Have an idea to make the city better? The Catalyst incubator is looking to give you money, support and a good network.
Applications are now open for the six-month incubator program, run by the Robin Hood Foundation’s Blue Ridge Labs and located in Downtown Brooklyn.
“Our Catalyst program is designed to help young social ventures navigate the challenges of their early years, when teams need to quickly demonstrate that the product works and has the potential to deliver significant impact while simultaneously figuring out how to set up and run a sustainable, effective organization,” according to the organization.
Specifically it’s looking for socially-minded startups that have a product that will improve the lives of New Yorkers, have fewer than five team members, and have raised less than $400,000 already. What they offer is $50,000 in funding, free office space in the incubator, coaching and mentorship.
“Human beings solved their biggest problems through tools and I feel like tech is the biggest tool we’ve come up with,” Bill Cromie, the director of emergent technology at Blue Ridge Labs, said in a previous interview on the subject. “Catalyst is about taking ideas that have a minimum viable product and giving them the resources necessary to get them in front of more traditional funders.”
Applications close Sept. 6, so get on it!
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