As part of this 4-month accelerator program, each venture is asked to set S.M.A.R.T.I.E. (specific, measurable, attainable, realistic, time-bound, inclusive, equitable) goals for the following areas:
- Revenue and/or financing
- Social, environmental, or economic impact
- Racial equity and inclusion
Revenue and financing goals involve benchmarks that you set for your organization in terms of sales, profit, or accessing capital to support your work (e.g. I want to increase sales by 25% by the end of this program, I want to secure a loan of $25,000 by the end of this program, etc.)
Social, environmental, and economic impact goals involve the impacts that you seek to achieve with those affected by your work (e.g. I want to serve 100 students by the end of this program, I want to hire one full time role by the end of this program, etc.)
Racial equity and inclusion goals involve how your organization seeks to address racial inequity either internally within your business or externally (e.g. I want to develop an equitable procurement plan by the end of this program, I want to develop an equitable hiring plan by the end of this program, etc.)
S.M.A.R.T.I.E. goals set at the beginning of this program inform the workplan for the duration of this program.