Accelerator Fund Program

“For the past few decades, economists, governments, and private-sector professionals have focused on solutions such as accessible, quality education to bridge the skills divide, among many other fixes. But an often-overlooked asset to address economic inequality in business is networking” –Julie Wuench.

Through HerHub initiative, we hope to encourage and build confidence for new women-owned businesses and elevate the visibility of the existing women’s groups, businesses, and events by building a large, diverse, inclusive, comprehensive network. We are extending an opportunity to all women-owned businesses to expand the way they network and help bridge the network gap through an Accelerator Scholarship Fund. By partnering with various networking organizations and funders of the Accelerator, we will help introduce and support HerHub Members’ participation in various networking opportunities locally.

The initial investment of the Accelerator project was funded by a grant from the Toledo Rotary Foundation with additional support from the Toledo Business Growth Collaborative Funding Pool Program, conveyed by Jumpstart, Northwest Ohio.

Accelerated Fund Scholarship Program

Program 1:
Open to All

  • STEP 1: Submit Application/Join HerHub

    Apply for Accelerator Scholarship and receive $99 support towards first-year annual HerHub membership.

  • STEP 2: Participate in Toledo Business Growth Collaborative (TBGC).

    Convened by JumpStart, this collaborative network consists of existing small business assistance organizations in the greater Toledo community.

  • Step 3: Optional Step (Participate as interested)

    – Participate in Momentum Circle with Women of Toledo
    – Participate in Northwest Ohio Mentoring Program

Program 2:
Minority-Owned Businesses Only

**As part of targeted grant initiatives

  • STEP 1: Submit Application/Join HerHub Apply for Accelerator Scholarship and receive $99 support towards first-year annual HerHub membership.
  • STEP 2: Join 1 of the Following Networking Organizations:

    (Free for first-year annual membership)

    – Business Networking International (BNI)
    – Maumee Chamber of Commerce
    – Women’s Entrepreneurial Network (WEN)

  • Step 3: Participate in a Minimum of 1 Program
    – Participate in Momentum Circle with Women of Toledo

    – Participate in Northwest Ohio Mentoring Program
    – Participate in Toledo Business Growth Collaborative

** All applications will be reviewed by the scholarship committee, and it will take up to 14- business days to receive decisions via email or phone call.

Program Partners Overview

Business Networking International: BNI®

provides a positive, supportive, and structured environment for the development and exchange of quality business referrals. In Northwest Ohio alone, our 620 members provided over 26,000 referrals in 2019, leading to over $21 million in closed business. Our average member last year made over $35,000 from the relationships in their BNI chapter! Membership in BNI® offers access to business training, peer learning, and opportunities to build relationships with hundreds of thousands of BNI® members around the world.

bninwo.com
Time commitment: Weekly meeting, depending on BNI chapter chosen

Maumee Chamber of Commerce

The purpose of the Maumee Chamber of Commerce is to be the leader in promoting cooperation among businesses and fostering a quality environment for the citizens of Maumee.

maumeechamber.com
Time commitment: Monthly luncheon, 11:30 am to 1 pm, 2nd Tuesday of the Month

Women’s Entrepreneurial Network (WEN)

WEN brings together a community of small business owners and professionals to help everyone’s passion grow and succeed. Founded in 1993 with a grant from the Small Business Administration, WEN has flourished into an organization with over 250 representatives. Although the original focus was on helping women business professionals achieve success, WEN has since evolved to understand that all business professionals could benefit from the association.

wen-usa.com
Time commitment: Monthly Lunch Bunch, 11:30 am to 1 pm, 4th Tuesday of the Month

Momentum Circle with Women of Toledo

Momentum Circle offers support and assistance (technical & non-technical) for women-owned businesses, entrepreneurs, and start-ups. Women are increasingly harnessing their entrepreneurial spirit, and it is critical to encourage and support this behavior with a focus to eliminate obstacles and facilitate the growth of their businesses.

womenoftoledo.org/momentum
Time commitment: Monthly meeting, 7:30 pm to 9 pm, 1st Wednesday

Toledo Business Growth Collaborative (TBGC)

Convened by JumpStart, this collaborative network consists of existing small business assistance organizations in the greater Toledo community.

jumpstartinc.org/about/our-networks/toledo-bgc
Time commitment: 1 cycle of Deal Flow/Technical Assistance, up to 3 meetings

Northwest Ohio Mentoring Program

Through collaborative efforts, partnering with Northwest Ohio Hispanic Chamber of Commerce (NOHCC), Toledo African American Chamber of Commerce, and Women of Toledo, Northwest Ohio Mentoring Program offers multiple methodology types of mentoring including Team Mentoring, Light Mentoring, Ad hoc Mentoring, Episodic Mentoring, Special variants, Higher and continuing education (student), Non-scaling Mentoring, and Upcoming – Online Q&A forums. Time commitment:

Time commitment: 1.5 hours monthly mentoring session.