HARTFORD, CT, January 4, 2021 –reSET, a non-profit business support organization based in Parkville, announces the acceptance of 16 CT-based startups into the 2021 Impact Accelerator. reSET is the only accelerator in Hartford that prioritizes identifying and measuring impact alongside profit. reSET social entrepreneurs are addressing challenges in their communities with market-based principles, such as Blue Earth Compost, a composting company serving Greater Hartford, or Legacy Lineage, an online educational program for youth remote learning.
The 2021 cohort will have three intensive months to work together to accelerate individual business growth through peer feedback, mentorship, and one-on-one guidance from reSET. Onyeka Obiocha, Managing Director at Tsai Center for Innovative Thinking, and Partner at Breakfast Lunch & Dinner, will be facilitating this year’s Accelerator. This year reSET formed an inaugural Impact Accelerator Advisory Board, who bring additional expertise and connections to the cohort. The 2021 Advisory Board members are . :
⦁ Janet Harris, Small Business Consultant
⦁ Alan Mattamana, Fairview Capital
⦁ Dorothy Adams, Capital for Change
⦁ Ramon Peralta, Peralta Designs
⦁ Steven Taylor, Berkshire Bank
⦁ Aaron Bohigian, Webster Bank
The program will culminate in the Venture Showcase when the entrepreneurs will share their updated business plans and vision for growth in front of an audience of investors, collaborators, mentors, and more. Accepted participants are given access to reSET’s coworking space located in Parkville to be used as a place of business during the program.
reSET is greater Hartford’s only business accelerator that supports the creation and growth of mission-driven businesses. reSET’s Accelerator has graduated 129 businesses to date and participants have generated over 11 million dollars in revenue and supported more than 305 jobs. The program focuses on customer acquisition, venture capital investment, and nationwide sales and recognition. In addition, social enterprises impact the city of Hartford in various ways including:
⦁ creating opportunity for employment
⦁ solving a social or environmental challenge
⦁ building community wealth
⦁ giving back through philanthropy or volunteerism
“It is very safe to say that without the education and connections through the mentor network at reSET, Engagement Solutions would not be at the stage it is today. We will be forever grateful for the guidance we received.” - Shay Cantner, Engagement Solutions
“The silver lining during COVID is that we have also seen amazing innovations across industries. We had a resounding number of qualified applicants to this year's Impact Accelerator and the accepted cohort really wowed us. All of the companies that come through reSET are looking to make a real impact in their communities through business. The past year has proven how times of crisis can bring about needed innovations and, in this case, new ways of doing business. I think there is a heightened sense of motivation to create the world we all want to leave behind for our kids and grandkids, and for entrepreneurs that's through more sustainable business." - Sarah Bodley, reSET Executive Director
This year’s companies address a wide range of issues including local economy building, sustainable transportation, sustainable agriculture, and accessible wellness services. A full list of accepted companies below:
Virtual Kickoff Event is Open to the Public - January 13, 2021
Meet the cohort on Wednesday, January 13 @ 5:30-7 p.m. at the 2021 Impact Accelerator Kick-Off Party via Zoom! You’ll have the opportunity to hear each startup give a one minute pitch highlighting their plan for growth and impact. Mayor Luke Bronin is confirmed to join as a speaker welcoming the entrepreneurs to Hartford as they build their companies in CT’s capital. RSVP for zoom link today!
About reSET
reSET is a nonprofit organization in Hartford, CT, whose mission is advancing the social enterprise sector. reSET specializes in social enterprise ― impact driven business with a double or triple bottom line. In addition to providing coworking space, accelerator and mentoring programs, reSET aims to inspire innovation and community collaboration, and to support entrepreneurs in creating market-based solutions to community challenges. reSET’s goal is to meet entrepreneurs wherever they are in their trajectory and to help them take their businesses to the next level. www.reSETCo.org
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Social Enterprise Trust, Inc is a not-for-profit organization recognized as tax-exempt under Internal Revenue Code section 501 (c)(3). .