Conscious Technology recognizes entrepreneurs building technology companies that improve the living conditions and life outcomes for students, families and communities that are overlooked, exploited and undervalued. This may include ventures in education, health & wellness, financial inclusion, policy, and other social impact areas.

<aside> 📣 Ready to apply? Learn how to draft and submit your application here.

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• KEY

🟢 Nonprofit, for-profit, or hybrid business models

🟢 Customers or beneficiaries are primarily people of color

🟢 Primary product or service is delivered through proprietary digital technology or digital application

🟢 Ventures with a MVP, pilot, or beta that is available to users

🟢 Ventures with customer traction including potentially one strong client

🟢 Mission oriented ventures with clear social impact

🟡 MedTech or HealthTech products that have a high bar for clinical approval

🟡 FinTech products that are solely focused on individual responsibility as opposed to address systems solutions to wealth inequality

🟡 Consumer packaged goods, physical products, and retail sales

🔴 Product or services that primarily rely on existing technology or web platforms

🔴 Products or services that are inaccessible to low income individuals

🔴 Business models whose primary service is consulting or advisory of external clients

🔴 Ventures that have not identified technical expertise - whether it be a technical co-founder OR an out-sourced development shop

💡 Pricing models that are accessible at low or no cost to low income customers

💡 Ventures leveraging artificial intelligence for just and equitable outcomes for communities of color

🔢 By the numbers:

• Our alumni portfolio includes 42 Conscious Technology founders.
  • Broadly, our Conscious Tech ventures fall into three types:
    • Education Technology
    • Health and Wellness
    • Policy and Community Advocacy
  • Their venture legal structures were:
    • 72% for-profits
    • 28% nonprofits
  • Upon applying, they raised or earned an average of $238,000. The total amount fundraised per accepted venture ranged between $11,500 and $698,500.00.
  • 100% of accepted Conscious Tech applicants had launched a pilot prior to beginning the Fellowship.
• In recent application cycles, the most prominent venture content categories of the total applicant pool included:
  • Community and Economic Development
  • Financial Equity
  • Health, wellness, and social emotional learning
  • Social Justice
  • Workforce Development
• In recent application cycles, the total applicants (both declined & accepted) had the following venture legal structures:
  • 72% for-profits
  • 20% nonprofits
  • 8% hybrids

<aside> 👂🏾 Do you have feedback, comments, or insights on the information we've shared here? As we strive for authentic relationship and alignment with our applicants, we welcome anything you'd like to share to get us there. Email Michaela at [email protected] with subject line "Alignment Feedback."

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