Unlock Your Startup’s Potential with Momentum’s ASCEND Program

Imagine having the opportunity to accelerate your cleantech startup with the support of seasoned industry experts and financial backing. Momentum’s ASCEND program is here to turn that vision into reality for entrepreneurs in the Sacramento area. Designed to provide essential training, technical assistance, and funding, ASCEND equips founders with the tools they need to thrive in the clean economy. Whether you’re in the early stages of development or seeking to scale your business, ASCEND offers a unique pathway to success.

What is Momentum?

Momentum is a Sacramento-based consulting firm dedicated to advancing innovative solutions in the clean economy. In partnership with the City of Sacramento Office of Economic Development, Momentum focuses on creating an inclusive economic action agenda. This partnership supports the growth of Sacramento’s entrepreneurial and innovation ecosystem through community-based initiatives like the ASCEND program. Momentum’s mission is to help entrepreneurs turn their innovative ideas into viable, sustainable businesses.

About the ASCEND Program

ASCEND is a four-month hybrid program designed to provide foundational training and technical assistance to startup founders and innovators in the clean economy. The program specifically targets clean mobility and clean energy technologies, offering a combination of in-person and virtual biweekly training sessions. The 2024 program runs from June 20 to October 20 and culminates in a final showcase where participants can present their projects to potential investors and stakeholders.

Why Join ASCEND?

Joining the ASCEND program offers several compelling benefits for entrepreneurs. Participants gain access to free funding expertise and strategy sessions from highly sought-after industry leaders. These sessions are designed to equip entrepreneurs with the knowledge and tools they need to secure future funding for their startups.

Each participant receives a stipend of $3500 to support their time in the program. This financial support allows entrepreneurs to focus on developing their projects without the added stress of financial constraints.

ASCEND provides participants with fund-ready documents and resources that are crucial for future fundraising efforts. These resources ensure that entrepreneurs are well-prepared to approach investors and secure the necessary funding to scale their businesses.

Participants have access to coveted networking opportunities and connections within the clean technology sector. These connections can open doors to potential partnerships, collaborations, and investment opportunities.

Eligibility Criteria

To be eligible for the ASCEND program, applicants must:

  • Live or have a business address in Sacramento or the six-county region (El Dorado, Placer, Sacramento, Sutter, Yolo, Yuba).
  • Operate in the clean economy, with a specific focus on clean mobility or clean energy technologies.
  • Represent, be located in, serve, and/or have services that benefit all populations, including Sacramento Priority neighborhoods and California’s Priority Populations.

Important Deadlines

The application period for the ASCEND program is from May 27 to June 7. Interested entrepreneurs should apply within this window to take advantage of this incredible opportunity. The program runs from June 20 to October 20, with biweekly training sessions and a final showcase event. Click here to learn more and to apply to the program.

For any questions or additional information, applicants can contact the ASCEND program at ascend@buildmomentum.io.

Conclusion

Momentum’s ASCEND program is a unique and valuable opportunity for cleantech entrepreneurs in the Sacramento area. By providing comprehensive training, financial support, and networking opportunities, ASCEND helps founders turn their innovative ideas into viable companies. Don’t miss the chance to accelerate your startup’s growth and contribute to the clean economy. Apply now and take the first step towards a sustainable and successful future.

 

Interested in learning about more events happening in the Greater Sacramento region? Check our event listings!