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CivicX Impact Report 2012 – 2018

The Points of Light Civic Accelerator (CivicX) was founded in 2012 to help entrepreneurs scale innovative ventures that engage people to solve complex social issues. The Civic Accelerator (CivicX) supports early-stage ventures by providing mentoring, peer support, entrepreneurial education, and investment as part of an intensive 12-week program.

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Ventures Graduated
0
Entrepreneurs Trained and Supported
0
Invested
0
+
Applications Reviewed
0
+
Entrepreneurs Screened
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+
CivicX Pipeline & Mentor Network Members

Venture Financial Success

On average, during their year of acceleration, ventures in the Civic Accelerator experience significant increases in earned revenue and contributed capital.

0
%
Increase in Earned Revenue
0
%
Increase in Philanthropic Revenue
0
%
Increase in For- profit Investment

Total revenue generated by portfolio ventures to-date

$94.8 M

Deeper Look: Growth Among Participants v. Nonparticipants

Avg. Annual Revenue ($USD)

  • Nonparticipants
  • Participants

Avg. Annual Philanthropy ($USD)

  • Nonparticipants
  • Participants

Avg. Annual For-Profit Investment ($USD)

  • Nonparticipants
  • Participants

Avg. Full-Time Employee Percentage

  • Nonparticipants
  • Participants

Social Outcomes

Portfolio ventures in the CivicX Accelerator have made an impact in their respective social sectors.

0
M
Total number individuals reached by portfolio ventures since founding
0
M
Total number of lives directly impacted as direct beneficiaries by portfolio ventures since founding
On average, ventures increase the number of individuals they reach by 367% the year following the accelerator.
  • Application
  • First Year

Our Impact

The Civic Accelerator works across a variety of impact areas including: civic tech, economic and community development, education and youth development, gender equity, digital and financial inclusion, and workforce development.

Impact Sector (%)

  • Civic Tech
  • Economy/Community Development
  • Education/Youth Development
  • Gender Equity
  • Digital/Financial Inclusion
  • Workforce Development
All values are in percentage (%)

A Deeper Look: Impact

Below is a glimpse into trends we’re seeing across different impact areas. Click on the venture names under each category to learn more about their latest work.

Workforce Development

Multi-media and video solutions that highlight candidates and job opportunities are able to effectively engage Generation Z and opportunity youth. Platforms that connect untapped talent supply with workforce demand lead to greater workforce diversity and career development.

JOB SNAPSKILL SCOUTRECIPROCAREINRETURN STRATEGIESNOIREFY

Digital & Financial Inclusion

Solutions that create access to underutilized services and financial assistance connect low-income families with critical resources and increase financial resilience. Additionally, accessible platforms and programs for digital up-skilling and credentialing lead to long-term wage growth.

SPRINGFOURVIRTUAL SCHOLARSHIP CENTERCELL EDCOOPNEW YORK ON TECH

Education & Youth Development

Curriculum enhancements for 21st-century skills and STEM education enable schools to effectively prepare students for tomorrow’s workforce, and technology can enable educators to provide more personalized learning experiences.

STEM NOLAMISSION BITDIGITABILITYOVERGRAD

 

Venture Success

The U.S. Department of Commerce, Census Bureau reports that 70 percent of new employer firms survive at least 2 years, and 50 percent at least 5 years.

The CivicX portfolio ventures beat the national average with 83 percent still active.

  • Active
  • Not-Active
  • Acquired
All values are in percentage (%)
Entrepreneur competencies and startup skills increased based on pre and post-program surveys.
0
%
of participants experienced an increase in skills and knowledge around scale.
0
%
of participants saw an increase in quantity and quality of business connections.
0
%
of participants increased skills and knowledge around revenue streams and cost structure.

Portfolio Diversity

The Civic Accelerator has demonstrated results and impact from a national program that promotes inclusive entrepreneurship. CivicX accepts nonprofit and for-profit ventures, recruits from and hosts events in mid-tier cities, and promotes gender and racial/ethnic diversity throughout the program.
AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC

26 states and the District of Columbia are represented in the CivicX portfolio.

Legal Structure (%)

  • Nonprofit
  • For-profit
  • Hybrid
0
%
of CivicX ventures that received a peer-selected investment were founded or co-founded by minorities.
0
%
of CivicX ventures that received a peer-selected investment were founded or co-founded by women.

The Fun Facts

Total Portfolio
0
%
of our founders are ethnic minorities.
0
%
of our founders are parents.
0
%
of our ventures are founded or co-founded by women.

Impact Beyond Core CivicX

The Civic Accelerator supports additional entrepreneur support organizations working in communities across the country through custom programming, curriculum adaptations and regional initiatives.

Veterans Solutions Lab – Summer 2018

Sponsored by the PwC Charitable Foundation, a 10-week custom accelerator for early-stage social ventures equipping veterans and their families to successfully transition into the 21st-century economy.

REDF Accelerator – 2016-2018

Seven-month custom accelerator to build venture capacity within the employment social enterprise sector.

Ford Motor Company Fund Detroit Neighborhood Accelerator – Fall 2017

Five-week custom accelerator program for Detroit-based social enterprises, small businesses and nonprofits that are furthering the economic development of low income communities in Detroit.

Rapid Innovation Summits – Fall 2015

In partnership with SMALLIFY, three, two-day innovation bootcamps in Houston, Atlanta and New Orleans to equip Southeastern changemakers with LEAN innovation tools and resources.

Total Reach

Core Program + Custom Programs

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ventures
0
entrepreneurs

Program Funders

CONTINUING SEED FUNDERS
OPERATIONAL PROGRAM SUPPORT
DIGITAL AND FINANCIAL INCLUSION
OFFICIAL HOTEL PARTNER
WORKFORCE DEVELOPMENT AND ECONOMIC MOBILITY
SOCIAL INNOVATION AND DIVERSE ENTREPRENEURSHIP
REGIONAL INITIATIVES
The data collection and analysis to support this report came from third-party research conducted by our partners at Emory University and their Entrepreneurship Database program, the largest research program on entrepreneurship and acceleration in the world. This program is a member of the Global Accelerator Learning Initiative. For more information, please see http://www.andeglobal.org/?page=Accelerators.
There is a one-year lag in data collection, therefore many of the figures calculated throughout the report are representative of totals through 2016. Some figures, including the knowledge gains, participant diversity and the number of alumni who would recommend the program, are collected through baseline and exit surveys conducted at the beginning and end of each cohort by the Civic Accelerator team.