FOUNDER FELLOWSHIP
NEW YORK 2024
FOUNDER FELLOWSHIP
NEW YORK 2023

What’s happening:

Chloe Capital is hosting a four-month accelerator for tech founders of Seed through Series A stage companies from underrepresented and historically marginalized backgrounds. Chloe Capital was one of four organizations selected by New York City Economic Development Corporation to operate an accelerator as part of the Founder Fellowship, a program dedicated to supporting underrepresented entrepreneurs building tech and tech-enabled businesses across New York City. Fifteen companies from New York City will be selected to participate in Chloe Capital’s accelerator.

Who we’re looking for:

Chloe Capital’s Founder Fellowship is open to any applicant who resides in New York City, including those led by founders from underrepresented backgrounds. We are specifically seeking companies building innovative tech solutions in Climate, Education, and Health. Applicants should be Seed to Series A stage, ready for investment, and actively raising. Finally, we are looking for companies that have traction, momentum and are ready to scale.

What we’re offering:

What makes our program unique, first and foremost, is direct access to capital. Our program includes funding opportunities, peer-to-peer and expert mentoring and coaching, investor connections, networking, and educational programming delivered through virtual and in-person sessions. All participants will receive lifetime access to Chloe Capital’s national resource database and our custom growth kit with dozens of discounted services.

On November 8th, NYCEDC hosted a joint information session with all four operators. Click here to view Chloe Capital’s presentation.

Founders

Siddharth Singh
Co-Founder & CEO

Amy Schultz
Co-Founder & Head Coach

Som Ray
Co-Founder & CEO

Clem DeAlcala
Co-Founder & CSO

Tobi Bosede
Founder & CEO

Adriana Vazquez Ortiz
Co-Founder & Co-CEO

Sujay Suresh Kumar
Co-Founder & Co-CEO

Vienna Sparks
Co-Founder & CEO

Skye Lam
Co-Founder & COO

Eric Tao
Co-Founder & CEO

Edvard Ødegaard
Co-Founder & CTO

Vitali Karpeichyk, Founder & CEO
Juan Ricardo Diaz, Co-Founder

Anna Oleshkevich, Co-Founder
Andrei Pliachko, Co-Founder & CAO

Kayla Wright-Jackson, MHA
Co-Founder & CEO

Corey Shaw
Co-Founder & CTO

Adero Miwo
Co-Founder & CEO

Chrisphine Ondiek
Co-Founder & CTO

Chloe Capital’s Founder Fellowship is in partnership with New York City Economic Development Corporation (NYCEDC).

Chloe Capital’s Founder Fellowship is in partnership with the New York City Economic Development Corporation (NYCEDC).

TIMELINE

March

Accelerator Begins. The accelerator will launch with a cohort founder kick-off meeting, during which we will review the timeline of events, expectations, and opportunities. We will send out a pre-program survey to all founders, and host a roundtable to discuss ideas, experiences, and share the unique challenges faced by participants. During the kickoff month, founders will work virtually with team members from Chloe Capital to create individualized work plans and receive access to Chloe’s resource database.

April

Chloe Capital will regularly engage with founders virtually for mentoring, in addition to offering workshops and networking events with partners from the technology and innovation vertices. Founders will learn how to apply for additional funding opportunities like SBIR and STTR programs. We’ll connect founders with strategic and corporate partners who can help them demo or pilot their products, develop case studies, and receive invaluable feedback.

May

Chloe Capital will connect founders with near-peer mentors to focus on developing or refining their pitches through virtual engagements. Founders will then pitch investors during a live in-person gathering. During the event, each founder will be afforded the opportunity to fast-pitch their company, followed by a feedback session for each team, and networking between founders and investors.

June

During our final month, we will hold a founder roundtable discussion to debrief experiences, deep-dive on challenges diverse founders face, and share additional resources. Chloe Capital will host an in-person showcase to increase founders’ access to capital and visibility among investors and strategic partners.

 

Chloe Capital will directly invest $300,000 into the cohort. Each founder will also receive free and discounted business services, mentorship and connections to Chloe Capital’s global network of investors. On average, participants in a Chloe Capital program go on to raise $2,000,000 each.

APPLICATION PERIOD:
OCT 5, 2023 – DEC 5, 2023

Frequently Asked Questions

To be eligible for the Fellowship program, at least one founder is required to live within the 5 boroughs of NYC. However, Chloe Capital invests nationally and anyone can apply for direct funding opportunities outside of this accelerator.

Applicants will apply through a central application for the founder fellowship and will be able to select their top choice programs. The four operators will work together with NYCEDC to make final decisions regarding the cohort for each partner organization.

Founders selected to participate in Chloe Capital’s cohort will be considered for a direct investment. The most promising companies will undergo thorough due diligence and any investments made will be based on individual terms. 

Terms vary depending on what round the startups have open and whether there’s a lead investor in place for the round. If we lead the round, we typically use convertible notes.

Chloe Capital’s program is a hybrid of virtual and a few mandatory in-person days for workshops, networking, and investment pitches. The program takes place between March and June with all in-person days taking place in NYC.

Incorporation is not a requirement to apply for the Founder Fellowship – however, each operator is supporting companies at different stages – so we encourage you to select the one that meets the stage of your company when you apply.

No, any founder can apply. In an effort to support diversity and inclusiveness in gender identity, race, ethnicity, sexual orientation, disability, thought, culture, and economic experience, we encourage all founders to apply. 

Take a peek at our 2023 Recap Video and Program Booklet

 

 

Through this recap, you’ll catch a glimpse of the dynamic energy, the breakthrough moments, and the empowering insights that emerged during the Chloe Capital Founder Fellowship. Whether you’re an aspiring entrepreneur, a supporter of women-led ventures, or simply someone seeking inspiration, this video is bound to leave you motivated and ready to chase your own dreams.

Chloe Capital has made a personal commitment to invest a minimum of $300,000 into at least 3 companies from the cohort, which will be announced at the end of the Founder Showcase. Each founder will also receive free and discounted business services, mentorship and connections to Chloe Capital’s global network of investors. On average, participants in a Chloe Capital program go on to raise $2,000,000.

LEAD & FOLLOW

$100 – $250k
SEED – SERIES A
U.S. & GLOBAL

GROWTH KIT

As part of our Movement, several companies are providing free and discounted business services to each of the founders participating in
the Founder Fellowship.