Raising Equity
by Taking None.
We help startups build legacies by raising the equity bar for Black and Latino led startups.
How we’re leveling the playing field:
$70k Capital Investment
Receive enough capital to fund your idea, refine your product, and build your team.
0% Equity
Are we founder first? We do not take any ownership of your company, so yup!
0% Interest
You read that right-you pay no interest. No strings attached. Best deal ever? Yes, founders would agree.
Build your team.
Grow your startup.
Establish your market position.
Numbers speak louder than words.
ACT Tulsa Cohorts
35 Startups Funded
$2.45M Invested
114 Jobs Created
$2M+ in Rev for 2022
$10M+ in Follow On Capital
And we’re just getting started
But don't just take our word for it. Hear it from our Founders.
ACT Tulsa has been super helpful by providing the accountability and repetition necessary for founders to level up. The environment has been encouraging and supportive, yet challenging and fast-paced. It’s all about getting 2% better every day.
Chandler Malone, BootUp
Come Build in Tulsa, Oklahoma
Home of Greenwood, “Black Wall Street”
ACT Tulsa’s 6-month accelerator program aims to bolster Black and Latino entrepreneurs and create innovative ecosystems, so we can rebuild what was lost.
3/3
The first 3 months involve coaching and in-person programming, while the next 3 months are for implementation and execution
$70,000 in Funding
You’ll get half up front, and the second half at the finish line. Get enough capital to fund your idea, build your team, and launch your legacy.
Investing in Black & Latino Innovation
By creating an innovative ecosystem that highlights team cohesion and collaboration, we’re aiming to create lasting impact that transcends generations.
Let’s be real, entrepreneurship isn’t
for everyone.
Here’s what we’re looking for in our Founders:
Accountability
- You know how to follow through and love to follow up.
Commitment
- You understand the sacrifices and challenges necessary to turn your dreams into your reality.
Trust
- You value the necessities of community and a tribal mindset.
Persistence
- You don’t give up easily and you’re in it for the long haul.
Perseverance
- You bounce back, no matter what, and learn from your mistakes.
Purpose
- You’re guided by your higher calling and know how to stay on track.
Partners of ACT Tulsa
Have questions? We have answers
When is the deadline to apply?
Applications for Cohort V open in June and will end on July 20th, 2023.
How many companies are selected?
Cohort V will consist of 7-9 of the most promising startups around. ACT Tulsa runs two cohorts a year accepting up to 16 startups each year, so if this cohort doesn’t work for you stay tuned for Cohort VI.
What are the Investment Terms?
ACT will invest $70,000 into accepted companies. This investment will come in two parts: An initial investment of $35,000 at the start of Phase I and a second investment of $35,000 at the start of Phase II. The $70,000 investment carries 0% interest and 0% equity, 1x payback of the $70,000 is triggered by revenue/capital raised milestones so that another founder can have the same opportunity we gave you
We exist to raise the bar for Black and Latino founders and not only increase the value of your company but increase your ownership in it as well.
What is the format and weekly schedule of this program?
The accelerator runs for a period of 6 months, with workshops, programming, and mentorship taking place each week.
The first 3 months are focused on incubation and acceleration while the last 3 months are focused
on implementation and growth.
The accelerator is highly immersive, expect to commit 8 hours a week to this program.
When will this program run?
The fifth cohort for the ACT Tulsa Accelerator will kick off in October 2023 and run for 6 months. The cohort will consist of 7-9 of the most promising startups around. ACT Tulsa runs two cohorts a year accepting up to 15 startups each year, so if this cohort doesn’t work for you stay tuned for Cohort VI later this year.
Is ACT Tulsa in-person?
This program will run for 6 months in Tulsa, OK. It is required for you to be present in Tulsa for the first 3 months of the program and the final 2 weeks of the program.
Who should apply for ACT Tulsa?
This program is open to Black and Latino-led startups. The accelerator program is best suited for pre-revenue to early revenue-generating startups.
Selected companies should have a founder and appropriate team members that are available to join all program elements of the ACT Tulsa cohort and are located in or can relocate to Tulsa, OK for the first 3 months of the program.
Who's behind ACT Tulsa?
ACT House has partnered with i2E, a private not-for-profit corporation. I2E’s mission is to invest in entrepreneurs to build successful high-growth companies in Oklahoma. They achieve their mission by working directly with companies through programs like ACT Tulsa to commercialize their technologies, launch and grow new businesses, and access needed capital.
Is office space included?
Yes, we provide office space for you and your team for free! Office space is
located in the 36 Degrees North Incubator Space in Downtown Tulsa! We also
pay for parking. We want to make sure we remove as many barriers as possible so
you can get to work on accelerating your company.
located in the 36 Degrees North Incubator Space in Downtown Tulsa! We also
pay for parking. We want to make sure we remove as many barriers as possible so
you can get to work on accelerating your company.
I have more questions?
We’d love to hear them! Contact us at any time with any additional questions you may have at info@act.house
