【】
Pope Francis famously asked, "Who am I to judge?"
So did Stephen Forte. The entrepreneur and Fresco Capital founder is launching a startup accelerator based in Rome — and in part at the Vatican. The accelerator will focus on for-profit, mission-driven companies (aka companies that care about more than just turning a profit). The accelerator will accept applications from startups until June 5, which will probably have to be chosen through some sort of judging process.
Forte announced his plan in a Medium post Thursday night titled "Why I'm Running an Accelerator at the Vatican." He was inspired to start the accelerator by, yep, Pope Francis.
"I’m motivated to start a global conversation in the investment community on the value of for profit mission driven companies. As a global citizen with young children, I’m called to respond to His Holiness Pope Francis’ challenge," Forte wrote.
Along with washing people's feet and giving homilies, Pope Francis has also supported mission-driven for-profits and challenged tech companies to do more for social good and to fight climate change, Forte noted.
The accelerator will operate in Rome from July 13 to Sept. 9 and is open to startups that have already gotten off the ground but haven't yet raised a Series A funding round. The program will provide a $100,000 for a 6-to-8 percent equity investment. The accelerator also includes a virtual component before and after the startups' time in Rome and ends with a Demo Day at the Vatican in December.
The program will choose startups working on ideas related to water, urban communities, "human potential" or easing suffering from migration, health and climate change, environmental conservation, and finance and industry as it relates to environmentalism and climate change.
Amen.
Featured Video For You
Here’s what happens when you cut out just 10% of meat from your diet
相关文章
U.S. government issues warning on McDonald's recalled wearable devices
Last week's McDonald's debacle, which saw the fast food giant forced to recall its first wearable tr2025-01-18The chatting dad and baby are back at it again in this adorable Denny's ad
This isOne Good Thing, a weekly column where we tell you about one of the few nice things that happe2025-01-18A new Firefox update should have the browser working again after a rough weekend
After a difficult weekend in which browser extensions stopped working in Firefox, the popular browse2025-01-18The best photos from South America's solar eclipse
On Tuesday, people in parts of Chile and Argentina caught a fleeting glimpse of a total solar eclips2025-01-18Airbnb activates disaster response site for Louisiana flooding
Airbnb has activated its disaster response page following the record-breaking flooding in Louisiana.2025-01-18The Moto Z4 lets you go 5G on the cheap
There's a new Moto phone in town, and it lets you go 5G without spending a ton of money. The Moto Z42025-01-18
最新评论