EforAll

EforAll

Nonprofit supporting diverse entrepreneurs' growth

About EforAll

Simplify's Rating
Why EforAll is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Social Impact

Education

Company Size

201-500

Company Stage

Grant

Total Funding

$1.4M

Headquarters

Lowell, Massachusetts

Founded

2010

Overview

EforAll focuses on promoting economic growth and diversity within the startup ecosystem by offering free business training, mentorship, and access to a professional network. Their main offering is a 12-week Accelerator Program, which runs twice a year and is aimed at helping early-stage entrepreneurs develop and expand their businesses. Additionally, EforAll organizes Pitch Contests, allowing entrepreneurs to showcase their ideas, receive feedback, and gain visibility without any cost. What sets EforAll apart from other organizations is its commitment to serving aspiring entrepreneurs from underrepresented communities and those in markets often neglected by traditional accelerators. The organization operates through partnerships with local communities and relies on donations and sponsorships to keep its programs free, with the goal of creating inclusive economic opportunities for all.

Simplify Jobs

Simplify's Take

What believers are saying

  • Virtual accelerator programs expand EforAll's reach beyond physical locations.
  • New leadership roles enhance strategic growth and fundraising capabilities.
  • Significant grants provide financial stability and program expansion opportunities.

What critics are saying

  • Increased competition from other nonprofit accelerators may divert participants and funders.
  • Economic downturns could impact funding levels and availability of grants.
  • Mission drift may occur as EforAll expands its geographic reach and offerings.

What makes EforAll unique

  • EforAll offers free, intensive business training and mentorship to diverse entrepreneurs.
  • The organization focuses on underrepresented communities often overlooked by traditional accelerators.
  • EforAll's community partnerships ensure programs remain free and accessible to participants.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$1.4M

Above

Industry Average

Funded Over

1 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Flexible Spending Account

Health Reimbursement Account

Disability Insurance

Life Insurance

Paid Time Off

Paid Parental Leave

Retirement Plan

Additional Voluntary Benefits

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

0%
EforAll
Oct 10th, 2024
EforAll Earns 2024 Great Place To Work Certification(TM)

EforAll earns 2024 Great Place To Work Certification(TM).

EforAll
Jun 10th, 2024
EforAll Appoints Tracy E. Shaw as Chief Development Officer

EforAll appoints Tracy E. Shaw as Chief Development Officer.

Business Wire
Mar 26th, 2024
Elevating Societal Impact: Matter’S Precision Group Expands Client Base In Sustainability And Nonprofit Categories

BOSTON--(BUSINESS WIRE)--Matter Communications – a Brand Elevation Agency integrating PR, marketing and creative services – today announced the growth of its Precision group, a PR and content division of Matter that provides highly focused programs to support brands’ biggest business drivers, in sustainability/Greentech and nonprofit categories. The concerted efforts of the team represent the agency’s commitment to serving the missions of brands that actively seek to improve communities, causes and the environment of the world around us. “As a startup meeting the critical industry need for a circular supply chain for rare earth metals, we sought a partner who could engrain themselves in our business and drive immediate impact,” said Ahmad Ghahreman, CEO and co-founder of Cyclic Materials. “We see the Precision team at Matter as an extension of our internal team, helping to elevate our company in key trade, business and regional media. As we continue our growth, Matter’s work will be vital to crafting a media narrative about our important role in meeting the demands of the global clean energy transition.”. Matter’s Precision group combines Matter’s larger agency expertise with focused, highly customized PR programs that elevate brand stories through thought leadership, newsjacking/rapid response pitching, strategic content, speaking and award programs, crisis communications counsel, and more

Talk Business
Feb 15th, 2024
Springdale students get hands-on entrepreneurial experience with EforAll NWA partnership

"The Tyson Family Foundation is proud to partner with EforAll in this impactful initiative."

EforAll
Jan 9th, 2024
EforAll Receives $150,000 Grant from Patrick J. McGovern Foundation

EforAll receives $150,000 grant from Patrick J. McGovern Foundation.

There are no jobs for EforAll right now.

Find jobs on Simplify and start your career today

💡
Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →