The mission of DivInc is to generate social and economic equity through entrepreneurship by removing the barriers to critical resources underrepresented founders need to build investable companies. They inspire, empower and enable underrepresented founders to build successful high-growth businesses. DivInc aims to unleash the untapped talent within underrepresented communities and generate an entrepreneurial mindset shift for generations to come.
Through their core accelerator and alumni program
100
founders impacted
73
companies impacted
422
jobs created
$4,800,000
revenue generated
$14,700,000
funds raised
Milestones
Houston Expansion & First HTX Accelerator Cohort
DivInc launched its second location in Houston, doubling their programming capacity to help hundreds more startup founders. The first Houston accelerator cohort was completed in Spring 2021. DivInc forged a new partnership with Mercury Fund, an early-stage venture capital firm, to empower and educate the first Houston cohort through mentoring, guidance and workshops.
DivInc & Bank of America Alumni Grantees
Thanks to a $250,000 donation to their accelerator program, Bank of America and DivInc provided $20,000 grants to five DivInc portfolio companies. Additionally, each of the 10 companies participating in DivInc’s Spring 2022 Social Justice Accelerator program will receive $10,000.
Second Social Justice Innovation Accelerator Launch
DivInc launched its second Social Justice Innovation Accelerator powered by Ascension Texas. The program focuses on finding and equipping the most innovative startup companies that are addressing inequities and disparities caused by institutionalized bias and racism in the areas of healthcare, education, housing, mobility, criminal justice or voting.
Fundr Marketplace Partnership
DivInc partnered with Fundr, an investment marketplace that uses AI to remove bias from the investing process. This new partnership will expand DivInc’s ability to review and manage applications, process deal terms and develop portfolios of vetted startups for investment.
