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- EIN 52-2266068
- 202-242-6282
- 2100 Foxhall Road NW Washington DC 20007 USA
- sb.co
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Nonprofit Overview
Causes: Employment, Job Training
Mission: Springboard accelerates the growth of entrepreneurial companies led by women through access to essential resources and a global community of experts. It is the leading network of influencers, investors and innovators dedicated to building high-growth companies led by women. Since 2000, 685 Springboard portfolio companies seeking investment of financial and human capital for product development and expansion have raised $8 billion, created tens of thousands of new jobs, and generated billions of dollars in annual revenues. Over 81% of Springboard companies are growing as independent or merged entities, including 15 IPOs, more than 175 M&As, and many that are the technology engines of publicly traded companies. Springboard invites a select group of women-led healthcare and technology companies annually into the network to support these talented women innovators and to send a message that business success and investor returns all benefit from diversity in their companies and boardrooms.
Programs: Our accelerator program serves as the pipeline into our community of world-class entrepreneurs, investors and business development professionals. We host programs annually for two cohorts in these industry verticals: Life Sciences and Digital Media/Technology and have partnerships with affiliates in Israel and Australia where we also co-produce programs. Each accelerator class includes between 8-12 companies that are recruited, qualified and advised by our world class expert network. Companies selected to participate are invited to an intensive Bootcamp focusing on both the content and delivery of the company presentation. Companies are further assessed by our team and then assigned a personal advisory team who provide input on business strategy and open doors to relevant connections and opportunities. A series of content and experience- rich webinars led by our advisors and trusted partners address the collective interests of our entrepreneurs. Post program cycle, we offer the companies the opportunity to present before relevant audiences of investors or corporate partners. These presentation sessions may be attended by up to 100 investors, industry experts and connectors or by just a few, highly connected, highly regarded decision-makers. The alumnae of our portfolio companies never stop reaping the benefits of being part of our Springboard expert network, continuing to tap in when they seek additional rounds of funding, serve as recruiters, screeners, advisors, as investors and board members and as an investor in Springboard’s mission to cultivate and promote the talented women entrepreneurs around the world. We are “invested” in the long-term career success of our entrepreneurs. Springboard continues to serve as a relentless advocate for our entrepreneurs, building and leveraging our external relationships and the connections within our network to add value, whether by helping you get access when you need it, or by watching your back in the most challenging of circumstances. We target entrepreneurs who believe in the power of the network and will invest back in Springboard over their entrepreneurial career.