is a non-profit accelerator program in Los Angeles that mentors and develops entrepreneurs at no cost or equity share. It offers two programs each spring and fall — the Idea to Product program for first-time entrepreneurs and the Residency Program for early-stage startups.
"It's been an interesting time of trying to support the existing companies that we have that are going through a lot and are faced with lots of challenges from an economic perspective, and then try to bring on this new cohort," Reynolds said. The Grid110 team considered what elements of their in-person accelerator could translate well online.
Before COVID-19, the team was already planning to merge the two separate programs for the first month to give all founders, whether first-timers or early-stage, a core curriculum in startup fundamentals, such as identifying problems and solutions, value proposition, and customer development. Reynolds said it's important for the team to be overly prepared and communicate everyone's roles and transitions down to the minute.The accelerator programs meet twice a week, for two-hour sessions on Zoom.Founders meet twice per week and each two-hour session usually begins with an ice-breaker, which Jones said can be a simple check-in to see how everyone is feeling.
"It's been really exciting to see the founders come alive in a breakout session because they are just as eager to help one another," Jones said.
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