Entrepreneurship for All in Boston runs programs in English and Spanish in four small cities in Massachusetts.
Nearly three-quarters of the businesses it has supported are women-run, 52% are immigrant-run, and 57% minority-run.
So far, 83% still operate and have created 430 jobs. Now, the accelerator, launched in 2010, is seeking to expand to 50 small and mid-sized cities that have fallen into decline and suffer related high rates of poverty and unemployment.
Entrepreneurship for All has secured $6 million in commitments from Constant Contact’s former CEO Gail Goodman and Commonwealth Capital’s founder Michael Fitzgerald.
The Kauffman Foundation, Draper Richards Kaplan Foundation and Deshpande Foundation also contributed.
Entrepreneurship for All’s EforAll Summit is set for Nov. 3 in Waltham, Mass.