The Impact Hub Minneapolis – Saint Paul and the FINNovation Lab have teamed up to create a new impact startup incubator. Now they are offering five $50,000 fellowships.
Mary Rick, Impact Hub MSP, and FINNovation Lab Collaboration
Social Entrepreneurs have a new place to gather. The Impact Hub Minneapolis – Saint Paul (MSP) has teamed up with the FINNovation Lab to occupy a new space at FINNEGANS House in Minneapolis’ East Town District. The Impact Hub MSP will focus on co-working, collaboration, and events. FINNovation Lab is providing venture services for impact entrepreneurs. According to Mary Rick, CEO at FINNovation Lab and Impact Hub MSP Collaboration, “Our mission is to inspire, nourish, and scale inclusive impact enterprises, entrepreneurs, and community leaders.”
The collaboration is off to a fast start. They launched a new FINNovation Fellowship. “What it includes is $50,000 of a living stipend, one year of co-working, and nine months of curated curriculum and mentorship,” Mary explains. “We want to be able to help them at the really, really formative months and years of their business building…We want to give them the resources to make sure they’re kicked off in the right direction.”
The FINNovation Fellowship application period closes on July 15.
Social Entrepreneur Quotes by Mary Rick
“It’s a collaboration between two local organizations.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “Impact Hub is essentially a co-working, event, and community space.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “We are building a one-stop shop for impact entrepreneurs and enterprises.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “The FINNovation Lab is really doing more of the deep dive and robust venture services.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “The Impact Hub has done a tremendous job over the years of having a lot of different dynamic events.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “It is all one global community and we have a lot of different ways to connect.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “We are specifically looking at impact enterprises and impact entrepreneurs.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “We want to be that place where people go to really build their business and they have some sort of social purpose.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “Our first program is our Impact Entrepreneur Fellowship Program.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “We want to give them the resources to make sure they’re kicked off in the right direction.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “We’re industry agnostic.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “We’re looking at both the individual and the idea.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “It will be an individually-focused program, not an organization or team-focused program.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “We aim to start locally and regionally first.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “We think this will be a nationally-recognized program.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “We see ourselves as a business incubator.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “This program is entity-type agnostic. We’re accepting for-profit and nonprofit models.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “We look to the UN Sustainable Development Goals.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “Impact Hubs globally are focused on the Sustainable Development Goals.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “Jacquie Berglund is the Founder of the FINNovation Lab.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “I just became a really, really curious person.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “I did a year of rural community development work in Kenya.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “That experience was one of the absolute touchstones in my life.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “We students were not sent in to figure anything out or solve anyone else’s problems. We were sent in to learn.” @maryrick Share on X “It was a big starry-eyed project. We ended up closing our doors.” @maryrick Share on X “I was with Peace Coffee for about five years.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “Trust yourself. Get connected. And figure out how to stay inspired.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on X “Look for that next in-person experience.” @maryrick @ImpactHubMSP @FINNOVATIONLab Share on XSocial Entrepreneurship Resources:
- Impact Hub MSP: https://www.impacthubmsp.com
- FINNovation Lab: https://finnegans.org/finnovationlab
- FINNovation Lab Fellowship: http://finnegans.org/fellowship
- Book: Crazy Good Advice: 10 Lessons Learned from 150 Leading Social Entrepreneurs: https://tonyloyd.com/book
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