Welcome to the Multicultural Business Xcellerator (MBX)

Fueling Innovation Powered by Multicultural Founders

Nestled in America’s Heartland, MBX emerges as a beacon of transformative growth and boundless innovation for founders of color. It signifies the region’s burgeoning efforts to champion inclusive entrepreneurship and propel economic progress across the Heartland Region. The MBX seeks to build equity through innovation and entrepreneurship by supporting BIPOC founders with hands-on support to scale their businesses. The program provides in-depth business analysis, access capital, deal-flow opportunities with customers, and access to ecosystems across the country.

Our Mission

The mission of the MBX Xcellerator is to empower multicultural businesses by providing them access to crucial resources, capital, and connections, ensuring their robust growth and sustainable success in the global marketplace. This is achieved by focusing on global marketplace exposure, building a robust pipeline of diverse and innovative businesses, and expanding access to dedicated partners, programs, and resources. 

The MBX is committed to creating an ecosystem where diverse businesses can launch, scale,  and thrive, bridging the gap in our innovation economy. 

Our Impact

  • Access to innovation & technology led by diverse founders
  • A Market Readiness focused curriculum with committed investors & capital partners
  • Increase the number of high growth potential and scaling companies
  • Growth in tech-based jobs and higher wages
  • De-risk investments with world-class mentorship and support

Program Benefits

ACCESS TO CAPITAL

  • Direct investment capital
  • Additional resources for operational support and services
  • Access to banking and additional funding opportunities
  • Access to angels and venture capital investor networks

ACCESS TO CUSTOMERS

  • In-Depth Market Readiness Analysis & Scale-Exit Plan
  • Corporate Customer Connections to Fortune 1000 Companies
  • Expert Level Product, Supply Chain, and B2B Marketing Support
  • Government Procurement and Contracting Support

ACCESS TO COMMUNITY

  • Access to a global network of mentors
  • Access to a global network of founders
  • Access to a global network entrepreneurial ecosystems
  • Access to office space

ACCESS TO TALENT

  • Access to Mentors
  • Access to VC in Residence
  • Access to Service Providers

Timeline

October 16, 2023
Applications Open to apply for the inaugural cohort
December 10, 2023 (Extension)
Deadline To Apply For The Inaugural Cohort.
February 2024
Cohort Participants Will Be Announced
April 2024
Inaugural Cohort Begins. Programming Commences
August 2024
Inaugural Demo Day Presentations

Our Partners

Powered by the Walton Family Foundation and Winrock International, MBX leverages extensive networks, expertise, and resources to optimize program outcomes and ensure that we operate with best practices. Together, we’re making a difference, empowering multicultural founders, and contributing to the economic prosperity of the communities we serve.