A private-public collaboration that includes the city of Philadelphia intends to fast-track the development of solutions related to public safety by recruiting entrepreneurs interested in tackling issues like community violence and recidivism.
FastFWD describes itself as an urban innovation refinery. In addition to Philadelphia, it includes GoodCompany Ventures and the Wharton Social Impact Initiative, with funding from Bloomberg Philanthropies Mayor’s Challenge.
Applications are now being accepted for 10 entrepreneur fellowships that include $10,000 in funding with the possibility of more, plus participation in an acceleration program and the support of a national network of partners.
“Over the past five years, we have seen the effectiveness of GoodCompany Ventures’ intensive, peer-driven approach in expanding the aspiration, ability and impact of social entrepreneurs,” said Garrett Melby, Managing Director of GoodCompany Ventures, a social enterprise accelerator. “I can’t wait to see what these entrepreneurs achieve when we apply that approach to such a fundamental social problem and support them with the access funding, expertise and partners that FastFWD provides.”
Read more about the program and the application process here.