Accelerating Oklahoma’s minority entrepreneurship ecosystem
The OKC Minority Founder Accelerator (OMFA) is a 10-week experience designed to accelerate OKC's minority entrepreneurship ecosystem by supporting BIPOC founders of high growth and main street business concepts in the metro area with potential.
OMFA is for founders who identify as Black, Indigenous, or Persons of Color (BIPOC) and are majority owners of businesses with growth potential, that were established at a physical location within the city of Oklahoma City before March 1st, 2023, and; are tech-enabled, or have the potential to refine or scale rapidly, or are positioned to expand into existing supply chains or ecosystems driving regional economic growth.
Applications are accepted on a rolling basis
Founder Training
The OMFA has two 6-week curriculum paths, one for early stage founders with concepts positioning for rapid growth, and the other for founders with existing “main street” businesses that are looking to improve their enterprise for higher profitability and sustainability.
Operational Intervention
Eligible cohort founder will have the opportunity to be paired with an industry-specific expert for 6-weeks of operational intervention and planning. Mentors will provide hands-on consultation and targeted intervention to align the founders business model with practical strategies and relationships.
Ecosystem Events
Founders will receive facilitated connections to the Innovation District ecosystem professionals and investors through social experiences designed to gather founders and cultivate relationships with each other while learning and networking.
Founder Awards
Eligible founders will receive a non-dilutive Accelerator Grant from the Alliance of Economic Development upon successful program completion. Accelerator Grants are designed to provide working capital and funding for businesses to execute the strategies developed during Operational Intervention. These funds will allow owners to maintain full ownership of their business.
The OMFA Components
Connect with entrepreneurs, partners and other ecosystem members
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