BIPOC Business Accelerator Program

The Multicultural Development Center of Iowa offers a business accelerator and incubator program focused on helping Early Stage and startup businesses by providing an intensive 12-week training program designed to accelerate the growth and development of new and existing minority-owned companies in Johnson County. In addition, program participants will be exposed to professional services including legal, accounting, product development, rapid prototyping, debt financing, and other support services. This business incubator program focuses on the needs of entrepreneurs from historically disadvantaged and underserved communities.

Why invest your time in our business accelerator program?

  • As part of the program, MDC Iowa instructors, business coaches, and mentors invest over 100 hours of training and support for each small business owner and entrepreneur to help ensure your success.

  • Every successful business needs a plan (Business Model Canvas) and we'll help you create or validate yours

  • Graduates of the INCubate program receive access to the following benefits:

    • Technical assistance - computer equipment, websites, business cards, marketing, legal and accounting services, etc. (based on financial need and program funding)​

    • Small-dollar-loans (up to $2,500) and micro-loans (up to $50,000)

    • A dedicated business coach to help with business plan creation, financial forecasting, and business strategies

    • Each participant is matched with an industry-specific mentor or subject matter expert (marketing, accounting, legal, etc.)

The Q3 2022 cohort schedule is Oct. 12th, 2022 through Jan. 25th, 2023 with program graduation on Feb. 1st, 2023. Please note that there will be a holiday break between the first eight weeks of the accelerator and the final four weeks of the venture school schedule. No classes will be held from Dec. 14th through December 28th with class resuming on Jan. 4th, 2023.