Growth Factory
Fund Your Startup | Support for Entrepreneurs | The Growth Factory
611999178
Rocklin, CA 95677 United States
growthfactory.us
GrowthFactoryHQ
Growth Factory
The Growth Factory is a nonprofit organization dedicated to supporting early-stage startups in the greater Sacramento area. It operates as a business accelerator, providing resources such as investment and structured support to entrepreneurs.
Mission and Purpose
The mission of the Growth Factory is to foster the growth of startups by offering them access to capital, tools, mentorship, community, and opportunities. This is based on the belief that no successful company can be built in isolation and that entrepreneurs need support to achieve scalability.
Programs and Initiatives
Growth Factory provides a 12-month program that includes tailored action plans, workshops, founder forums, office hours, and participation in pilot projects. This setup allows startups to develop and refine their products while gaining insights from industry experts and potential customers. Some of its notable initiatives include Roseville Rising, focused on supporting small businesses, and Build Up Rocklin, which offers mentorship and grants.
Financial Overview
As a 501(c)(3) organization, Growth Factory's primary revenue comes from contributions, with program services also contributing significantly to its total revenue. Donations to the organization are tax-deductible.
Global Network and Partnerships
Growth Factory is a member of the Global Accelerator Network (GAN), which allows it to provide startups with access to global resources including tools, industry-specific mentors, and workspaces worldwide.
Community Impact
By supporting entrepreneurs, Growth Factory aims to drive economic opportunity and job growth in the local community. It encourages collaboration among corporates, civic entities, and universities to support the next generation of entrepreneurs.
[1] https://growthfactory.us [2] https://growthfactory.us/apply/ [3] https://projects.propublica.org/nonprofits/organizations/611999178 [4] https://californialocal.com/localnews/placer/ca/community_group/show/1525-growth-factory/overview/ [5] https://growthfactory.us/partners/
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News
We're looking for speakers for GFX 2023! Interested in presenting or have a recommendation for a thought leader that we should engage? Please fill out this form to nominate yourself or someone else: https://t.co/UvMDyK8uOa #sacstartup #sacramentobusiness #vcfunding https://t.co/lKrl1QA4Vv (tw)
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About the organization
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Growth Factory Building Great Startups Communities Futures Together. Capital tools and expert mentorship to accelerate worldclass founders and their companies from MVP to productmarket fit venturebacked and beyond. WHY THE GROWTH FACTORY. The Backyard Advantage The Greater Sacramento region is rich in the talent and resources required to foster high growth startups.
Management Services for Small Business/ Entrepreneurs
