Diversity, Equity & Inclusion (DEI) Accelerator

The UMSL Diversity, Equity, & Inclusion Accelerator is a first-of-its kind program that puts underrepresented entrepreneurs at the center of a purpose-driven, university-led accelerator that begins with a non-dilutive $50,000 capital injection. This accelerator would not be possible without the anonymous support of friends and the public commitment of Ameren Corporation, Edward Jones, and Express Scripts

Startup founders from underrepresented populations earn up to $50,000 in funding through the University of Missouri–St. Louis’ new Diversity, Equity and Inclusion Accelerator.

The program, announced in fall 2020 accepting six founders into its first cohort, is designed to boost early stage, scalable for-profit startups and companies that directly and positively impact underserved communities. The DEI Accelerator includes an eight-week business development program focused on supporting entrepreneurs from marginalized communities. Founders accepted in the first round of funding receive $50,000 in non-dilutive capital to support their businesses. They are also given access to a business development course, mentors, paid UMSL student interns, assistance with grant applications, technology support and incubator space.

The first year of the program will conclude in March 2021 with a demo day, allowing founders to showcase their businesses to community members, UMSL students and faculty and potential investors.

Article announcing new DEI Accelerator