- “It behooves every man to remember that the work of the critic is of altogether secondary importance, and that, in the end, progress is accomplished by the man (and woman) who does things.” -- Teddy Roosevelt
We are searching for entrepreneurs that have the passion and drive to make a positive difference.
Our selection criteria can be summarized in 3 main categories:
1. The Entrepreneur
Key characteristics include:
2. The Business
We evaluate the business from an investor’s perspective. Our primary areas of focus include the managing team, the product and/or services, the market, competition, and financial return.
3. The Impact
We look for entrepreneurs that integrate clear, sustainable, and measurable impact into their business model. Our vision of impact is inspired by Michael’s Porter’s concept of shared value. We search for early-stage businesses that create value for all internal and external stakeholders, and unleash their talent to generate sustainable value for society while developing a competitive advantage.
On average, those companies that are selected to participate in the Agora Accelerator generate revenue between US$100,000 and US$1,000,000, and are seeking capital from investors for the first time. These social businesses come from a broad range of industries and make different types of social, economic, and/or environmental impact such as empowering artisans from the base of the pyramid or increasing the distribution of clean drinkable water to low income families.
Once accepted into the program, a certain level of commitment is necessary on the part of the entrepreneur in order to accelerate the impact company to its peak potential. Participating entrepreneurs agree to the following, when needed: