NRV Nonprofit Accelerator
What is a nonprofit accelerator and why participate?
Expand your capacity or your nonprofit program idea.
The Community Foundation of the New River Valley is teaming up with The Spark Mill again to offer the Nonprofit Accelerator, an intensive planning and training experience for six to eight NRV agencies!
Let’s face it, nonprofits are different. There is always a greater good at play that guides expansion and capacity. It is easy to get so focused on the day-to-day activities of serving that we often lose sight of our organization’s greater mission and vision. Accelerators are similar to incubators, but they focus on growing established organizations rather than launching new ones. They are meant for nonprofit organizations interested in expanding capacity, scaling up, increasing their sustainability, testing a new program idea, re-examining a long-standing program, and/or transforming a program model. This accelerator will provide the time, expertise, and space necessary to reflect, change, and act.
The Participant’s Journey
The accelerator experience includes a four-month program designed to advance the growth and impact of participating organizations through consulting, mentoring, and peer learning. Prior to the kick-off workshop, each participating agency will complete an online organizational assessment to identify strengths and weaknesses and help us tailor the experience to your needs. Then, the Accelerator proceeds as follows:
Here is the process:
- The accelerator will start with a 2-day workshop to support capacity building in four areas:
- Clarity of your organization or program model
- Clarity of your ‘story’ and key audiences
- Board engagement and strengthening
- Planning and strategy
The workshop will be facilitated by The Spark Mill. Participants will be guided through creative exercises to refine their purpose, story, and key audiences; to identify a core challenge; and to develop a strategy and a 90-day action plan to address that challenge.
2. Your team will include a mentor drawn from the business, higher education, or nonprofit communities with extensive experience in growing an organization. Your mentor will participate in the various in-person workshops throughout the four-month program and will support you by offering his/her guidance between the in-person sessions.
3. All the nonprofit teams will reconvene for a mid-session workshop to share progress and insights, troubleshoot challenges, and learn from one another. The session will also include training materials tailored to the issues and challenges you are navigating through the process.
4. The accelerator will conclude with a ‘demo’ day and celebration where you will be able to practice telling your organization’s story and share any lessons learned, accomplishments and next steps to a broader group of potential community partners and funders!
Participant organizations selected to become a part of our accelerator must:
- Be an established nonprofit. In addition to 501c3 charitable organizations, other nonprofit organizations such as civic leagues or social welfare agencies (501c4) and chambers of commerce or merchant groups (501c6), may apply.
- Be established and stable. This program is not suited for new nonprofits, collaborations of multiple agencies, or agencies in financial or organizational crisis.
- Make the time needed to take full advantage of this opportunity.
- Be flexible and open to change.
- Be ready and willing to have their ideas challenged.
- Be able to create a team of 4-6 people including the key staff and board leadership.
- Agree to participate in all aspects of the accelerator (training, coaching, workshops, and demo day).
- Be willing to commit $300 towards their participation.
- Complete the application by the required deadline. Please note: We were not able to hold the 2020 Accelerator during COVID-19. We are in the process of inviting the organizations accepted in 2020 to join the 2021 cohort, after which we will determine how may additional organizations may apply to join. Stay tuned!
- August 24-25, 2021 – Kick-Off Workshop (2 Full Days)
- September 22, 2021 – Mid-Session Workshop/Check-In (1 Full Day)
- October 21, 2021 – Demo Day and Final Celebration (2pm-7pm)
Learn More about the 2019 Accelerator
Seven agencies participated in the Inaugural Nonprofit Accelerator in 2019. Click here to learn more about their experience.
Who is The Spark Mill?
The Spark Mill is a Richmond-based strategic planning and nonprofit consulting firm. They are experts at helping companies and organizations of all sizes make leaps, manage transitions, and plot transformative futures. For more information: thesparkmill.com