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.
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
[bctt tweet=”“It’s a collaboration between two local organizations.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“Impact Hub is essentially a co-working, event, and community space.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“We are building a one-stop shop for impact entrepreneurs and enterprises.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“The FINNovation Lab is really doing more of the deep dive and robust venture services.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“The Impact Hub has done a tremendous job over the years of having a lot of different dynamic events.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“It is all one global community and we have a lot of different ways to connect.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“We are specifically looking at impact enterprises and impact entrepreneurs.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“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” username=”TonyLoyd”]
[bctt tweet=”“Our first program is our Impact Entrepreneur Fellowship Program.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“We want to give them the resources to make sure they’re kicked off in the right direction.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“We’re industry agnostic.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“We’re looking at both the individual and the idea.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“It will be an individually-focused program, not an organization or team-focused program.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“We aim to start locally and regionally first.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“We think this will be a nationally-recognized program.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“We see ourselves as a business incubator.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“This program is entity-type agnostic. We’re accepting for-profit and nonprofit models.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“We look to the UN Sustainable Development Goals.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“Impact Hubs globally are focused on the Sustainable Development Goals.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“Jacquie Berglund is the Founder of the FINNovation Lab.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“I just became a really, really curious person.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“I did a year of rural community development work in Kenya.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“That experience was one of the absolute touchstones in my life.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“We students were not sent in to figure anything out or solve anyone else’s problems. We were sent in to learn.” @maryrick” username=”TonyLoyd”]
[bctt tweet=”“It was a big starry-eyed project. We ended up closing our doors.” @maryrick” username=”TonyLoyd”]
[bctt tweet=”“I was with Peace Coffee for about five years.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“Trust yourself. Get connected. And figure out how to stay inspired.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
[bctt tweet=”“Look for that next in-person experience.” @maryrick @ImpactHubMSP @FINNOVATIONLab” username=”TonyLoyd”]
Social 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