The first 3 months involve coaching and in-person programming, while the next 3 months are for implementation and execution
You’ll get half up front, and the second half at the finish line. Get enough capital to fund your idea, build your team, and launch your legacy.
By creating an innovative ecosystem that highlights team cohesion and collaboration, we’re aiming to create lasting impact that transcends generations.
Applications for Cohort IV opens January 1st, 2023 and ends February 1st, 2023.
Cohort IV will consist of 7-9 of the most promising startups around. ACT Tulsa runs two cohorts a year accepting up to 16 startups each year, so if this cohort doesn’t work for you stay tuned for Cohort V.
ACT will invest $70,000 into accepted companies. This investment will come in two parts: An initial investment of $35,000 at the start of Phase I and a second investment of $35,000 at the start of Phase II. The $70,000 investment carries 0% interest and 0% equity, 1x payback of the $70,000 is triggered by revenue/capital raised milestones so that another founder can have the same opportunity we gave you
We exist to raise the bar for Black and Latino founders and not only increase the value of your company but increase your ownership in it as well.
The accelerator runs for a period of 6 months, with workshops, programming, and mentorship taking place each week.
The first 3 months are focused on incubation and acceleration while the last 3 months are focused
on implementation and growth.
The accelerator is highly immersive, expect to commit 8 hours a week to this program.
The fourth cohort for the ACT Tulsa Accelerator will kick off in April and run for 6 months.
This program will run for 6 months in Tulsa, OK. It is required for you to be present in Tulsa for the first 3 months of the program and the final 2 weeks of the program.
This program is open to Black and Latino-led companies. Accepted companies must be majority owned by Black and/or Latino founders. The accelerator program is best suited for pre-revenue to early revenue-generating startups.
Selected companies should have a founder(s) and appropriate team members that are available to join all program elements of the ACT Tulsa cohort and are located in or can relocate to Tulsa, OK for the first 3 months of the program and the last 2 weeks of the program.
ACT House has partnered with i2E, a private not-for-profit corporation. i2E’s mission is to invest in entrepreneurs to build successful high-growth companies in Oklahoma. They achieve their mission by working directly with companies through programs like ACT Tulsa to commercialize their technologies, launch and grow new businesses, and access needed capital.
No, we do not sign NDA. We encourage you to share what you are comfortable with but know that we are not in the business to steal ideas, we're here to accelerate companies.
Yes, we provide office space for you and your team for free! Office space is located in the 36 Degrees North Incubator Space in Downtown Tulsa! We also pay for parking. We want to make sure we remove as many barriers as possible so you can get to work on accelerating your company.
There is no cost to participate in the accelerator program.
We’d love to hear them! Contact us at any time with any additional questions you may have at info@act.house. REMEMBER the deadline for Cohort IV is February 1st, 2023 so get those questions in quick.