The RADIUS Slingshot Accelerator is a six-month program that supports early stage, social impact ventures that are ready to grow. Through Slingshot’s unique combination of cohort based learning, individualized mentorship and equity investment, we support you to become investment, market, and growth ready. The cohort size is limited to eight ventures to ensure participants benefit fully from the program.
WE INVEST IN YOU! RADIUS OFFERS OVER $40,000 IN CASH AND IN KIND INVESTMENT IN EVERY SUCCESSFUL VENTURE IN THE SLINGSHOT PROGRAM.
We’re recruiting ventures that help people live healthy lives!
Slingshot helps ventures become investment, market, and growth ready, with a mix of cohort based and individualized supports.
Venture Focus
Do you have an early stage venture that supports Canadians with any of the following?
Venture Stage
Up to three core team members per venture can participate. RADIUS is committed to social inclusion and seeks participants from diverse backgrounds and ventures that benefit diverse populations or take a health equity perspective.
NOTE: We have space for 8 ventures, and may have space for exceptional nonprofit organizations. Please reach out if you have questions about fit.
PROGRAM BENEFITS
Entrepreneurs receive an immersive entrepreneurial education in a cohort-environment with benefits including:
Schedule: Early January – late June 2020
Delivery: By Cohort Lead, Entrepreneurs-In-Residence, guest speakers, and subject experts (e.g. legal, accounting)
Mentors: Several, matched as suited to the needs of entrepreneurs
Location: RADIUS SFU (Vancouver)
Cohort: < 8 ventures
Cost: There is no upfront fee for Slingshot. RADIUS invests over $40,000 in cash and in-kind support in each venture. In exchange for a small equity holding (2%) and patient royalty stream – details here.
Cohort sessions bi-weekly: 1 full-day in person plus ~2 hours of mentor/expert meetings
Weekly homework: 5-10 hours per week focused on building your company and answering critical questions about your path to success.
Two-month diagnostic bootcamp to help the RADIUS team understand and meet your unique needs, while cementing your technical foundation (ie. accounting, legal, marketing, communications).
Two months of hands on learning with your cohort, building leadership and management capacity and acumen around key themes in venture startup and growth. Sessions apply directly to your venture and support acceleration.
Two months of ongoing coaching and support as you work with a RADIUS Entrepreneur-in-Residence, service providers, and mentors in customized programming to support your growth strategy.
Applications are currently closed. Please check back for the next Slingshot recruitment period.
If you still have questions about Health Promotion Lab Slingshot Accelerator, email Kiri Bird, kbird@radiussfu.com
This Slingshot Program is supported the Business Development Bank of Canada and Genome BC, and delivered with support from Miller Titerle + Co, Manning Elliott, and Junxion Strategy. RADIUS is proud to be partnering with Cities Changing Diabetes, and to be an official “Social Change Partner” of Vancity Credit Union
