This fall marks our three-year anniversary at Colorwave!🎉
In just three short years, we have seen measurable impact in expanding access to America's thriving innovation economy and helping improve the career and economic mobility of the participants we serve.
To-date, we have supported more than 425 individuals through our flagship fellowship program over seven cohorts and in 70+ cities across the U.S. We have also expanded our program offering to support early-stage entrepreneurs and introduced a new membership pathway to connect high-potential, underrepresented professionals to our hiring partner network.
While our progress to date has been phenomenal, given our limited resources, we seek to do more and expand our impact. In 2024, we intend to grow our fellowship and talent community by nearly 300 additional members and position our programming and resources to reach and support thousands of individuals annually. We also seek to expand our support of entrepreneurs by creating a formal accelerator program for diverse, pre-seed, pre-accelerator founders and raise a micro-fund where our community members can gain exposure to venture investing by making investments in pre-seed companies on Colorwave's behalf.
While we are fortunate to receive support from various industry partners, individual donors account for nearly 30% of our annual budget. That means much of the aforementioned progress would not be possible without supporters like YOU!
We currently offer all of our programming to participants for free, realizing these participants already face enough barriers to access and we don't want program cost to be another. For context, it costs Colorwave roughly $2,600 per fellow to provide a world-class, life-altering, nine-week fellowship experience. For our founders programming, it costs roughly $13,000 per founder to lead our Founders' Circle and Accelerator programming that expands founders' networks for mentorship and access to capital to accelerate their businesses.
We are unable to do this meaningful work without the individual donors like yourself. As you consider causes to support this Fall, we ask that you make a contribution to help us sustain and grow our programming in 2024 and beyond!
Colorwave is helping build the future of the innovation economy. Please join us in building the future of tech that includes ALL communities.
*Additional Donation Details*
Employer Matching Option
Many of our donors' employees will match a portion of their contribution. If you would like for your employer to match your donation, please follow the instructions within the form or reach out John Roussel @ [email protected].
Large Donation Guidance
If your donation is $5,000 or more, you can also mail a check using the address below.
Payee Name: The Colorwave Project, Inc.
2400 C Bancroft Way
Berkeley, CA 94704
Overall Campaign Matching
Lastly, we are actively exploring a match for this entire Fall campaign so we will provide updates on how you can make your donation count for more as the campaign goes on.
We know there are numerous causes to give to during this time and thank you for your consideration and partnership in making the innovation economy more equitable and inclusive!