Credit: UW, Charles Trillingham
The Buerk Center for Entrepreneurship accepted nine student-created teams into the 2017 cohort of the Jones + Foster Accelerator (J+FA). These new entrepreneurs will work under the mentorship of top Seattle entrepreneurs and investors for the next six months to become early-stage startups. Those who meet their milestones and complete the accelerator can earn up to $25,000 in follow-on funding. Most importantly, they will learn a framework for defining measurable goals, as well as the skills to navigate obstacles both seen and unforeseen along their entrepreneurial journey
Fifty-six companies have completed the Jones + Foster Accelerator program since its inception in 2010. Forty-one of those have been awarded seed funding through the Accelerator totaling $870,000. Thirty-six are still in business today—raising millions in funding, becoming household names, bringing families together in Haiti, purifying drinking water in Somaliland, and powering cell phones in Kenyan villages.