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Startup Stability Program

Ready to grow your startup or small business? We’ll help you succeed with a customized 12-week accelerator program, expert guidance, and free rent at Bloom or Percolator coworking spaces. Program is limited to 30 entrepreneurs – apply now to secure your spot!

Apply by May 15, 2021 to be first in line

About the Program

The Startup Stability Program (SSP) is a GO Virginia funded nonprofit program designed to help entrepreneurs in Hampton Roads start or grow their business. Participants will complete a 12-week accelerator program, receive free and subsidized rent at Bloom in Portsmouth or Percolator in Norfolk, and expert guidance from industry leaders to establish and grow a profitable, investor-ready business.

Program Benefits

Subsidized Office Space

FREE rent for the first 3 months plus progressive rental assistance for 9 additional months as you grow. Better yet, choose between two great coworking spaces: Bloom (Portsmouth) and Percolator (Norfolk). Learn more about Percolator at percolatorspace.com.

12-week Business Accelerator

The B-Force Accelerator is a full-service entrepreneurship program tailored to your skills, industry, and the stage of your business. You will learn valuable skills with hands-on guidance to develop a professional business plan, pro-forma financial statements, and an investor presentation.

Individualized Support

Dedicated education coordination led by Black BRAND to provide each participant with individualized training specific to their strengths, challenges, and industry sector.

Expert Guidance

Workshops and coaching from industry experts and successful entrepreneurs.

Grow Your Professional Network

Build lasting connections with local business leaders who can open the door to more opportunities.

Join a Collaborative Community

Work and grow alongside a group of like-minded business owners that want to hear about or use each other’s products and/or services.

Qualifications

Applicants must fit the following criteria:

  • Annual personal income under $75,000 (tax returns not required)
  • Startups at any stage are eligible
  • Business must be in one of the following target industries:

Business
Services

Tourism &
Recreation

Advanced
Manufacturing

Ship Repair /
Ship Building

Water
Technologies

Port Operations / Logistics & Warehousing

Life
Sciences

Unmanned Systems
& Aerospace

Cyber Security / Data Analytics / Modeling / Simulation

Evaluation & Selection

Applications will be evaluated by an independent selection committee made up of successful entrepreneurs and industry experts from Black BRAND, Portsmouth Partnership, Percolator, and Bloom.

Ready to take your business
to the next level? We can help.

Spots are filling up fast! Apply by May 15, 2021 to secure your seat.
Final deadline to apply is May 30, 2021.

Takes 10 minutes or less
The Startup Stability Program is made possible by the support of:

This project was funded in part by GO Virginia, a state-funded initiative administered by the Virginia Department of Housing and Community Development (DHCD) that strengthens and diversifies Virginia’s economy and fosters the creation of higher wage jobs in strategic industries.