MANOS Accelerator, a startup accelerator program with the vision to be recognized as an international hub in Silicon Valley where Latino entrepreneurs from across the globe can come to convert their big ideas into reality, is excited to announced that it was one of 80 winners of the U.S. Small Business Administration’s 2nd Annual Growth Accelerator Fund competition (see link for official SBA press release)
MANOS Accelerator was selected after reviewing more than 400 applications. The recipients represent 39 states, the District of Columbia and Puerto Rico and come from a broad set of industries and sectors – from manufacturing to tech startups to farming as well as a focus on a diversified range of demographic groups. Applications. Each organization will receive a cash prize of $50,000 from the SBA.
“We’re so honored and proud to be selected as one of this year’s SBA winners,” said Hana Yang, Managing Partner of MANOS Accelerator. “This award is a great recognition of the hard work and dedication that we are doing at MANOS with providing education, resources and guidance for promising startup companies led by Latinos/Latinas.”
MANOS Accelerator and the other winners of the SBA’s Growth Accelerator Fund competition were judged by more than 40 experts with entrepreneurial, investment, startup, economic development, capital formation and academic backgrounds from both the public and private sector. The judges reviewed the applications and pitch videos submitted by 180 highly qualified finalists in the competition.
“Over the last couple of years, MANOS has been creating an entrepreneurial ecosystem among the Latino community within the overall startup space,” said Sylvia Flores, Co-founder and Managing Partner of Manos Accelerator. “It’s been great to work with so many strategic partners, mentors and experts to see first hand the amazing solutions that Latino entrepreneurs are doing. It’s rewarding to see MANOS win an award in SBA’s 2ND Annual Growth Accelerator Fund competition,”
The purpose of the competition was to draw attention and funding to parts of the country where there are gaps in the entrepreneurial ecosystem. While there are entrepreneurial activities occurring nationwide, some are better supported by private sector ecosystems than others. SBA has created connective tissue amongst the nearly 130 winning entrepreneurial ecosystems now part of the Growth Accelerator Fund.
About Manos Accelerator
Manos Accelerator is a mentorship-driven accelerator and it works side-by-side with early stage entrepreneurs to enable them to build, launch, and finance their exceptional businesses, while helping to cultivate a more vibrant technology ecosystem among the Latino community. For more information, go to http://www.manosaccelerator.com.