WHAT IS THE GOAL OF THE FREC ACCELERATOR?
The FREC City Accelerator (FCA) is part of Ford's commitment to driving social mobility for individuals and communities. FCA is designed to help develop social ventures in neighborhoods.
Who are we looking for? People who have a good answer to the following question;
How might we accelerate economic opportunity for individuals and families in Detroit’s neighborhoods?
Who should apply?
Any for-profit or nonprofit organization, that has a scalable solution to the challenges facing the identified area.
How do i apply?
Stay tuned for upcoming accelerators. We suggest you complete the contact form for updates.
We understand that some of Detroit's best entrepreneurs and problem solvers are also working full-time and FREC City Accelerator has been designed with that in mind. The courses will be held multiple week nights and weekends to give as many people the opportunity to participate.
what if i have a full-time job?
This program will help you design and develop a business model, develop your financial strategy and strengthen you as a leader. You also have the chance to compete for a $25,000 grant.
How can the accelerator help me?
Ford Resource and Engagement Center (FREC) offers programs advocated by members of the community – including food distribution to meet basic needs, investing in economic growth through job training and continuing education, and advancing quality of life through arts and cultural services.
Detroit's east side center (FREC2) is modeled after the original center that opened in southwest Detroit three years ago. FREC, located in Mexicantown Mercado, assisted more than 80,000 local residents through a range of social and cultural services, from providing 1.2 million pounds of food to helping complete more than 6,000 tax returns.
The new FREC2 will have an emphasis on innovation in education and investments that add support for Detroit’s future by sharpening the focus on its young people. The center is expected to open in early 2017.
What IS FREC?
The Points of Light Civic Accelerator, launched in 2012, is the first accelerator program and investment fund in the country focused on "civic ventures" -- for-profit and nonprofit startups that include people as part of the solution to critical social problems. The three month, boot camp-style program convenes 10-15 teams in person and online with the goal of equipping each startup to seek investments and scale their social innovation.