target Forward Founders Accelerator program for startups ($5,000 stipend)

Target Forward Founders is an accelerator program for early-stage CPG startups interested in learning more about retail. It is intended to assist traditionally under-resourced founders in becoming the next generation of wealth-building businesses.

2023 Categories:

Baby and Toddler, Beauty, Food and Beverage, Health and Personal Care, Household Essentials, Pets, Toys and Entertainment

apply to Target Forward Founders by February 3, 2023.

Cohort 4 runs April 25, 2023 – June 29, 2023
Focus categories: Baby and Toddler, Food and Beverage, Health and Personal Care, Household Essentials, Pets, Toys and Entertainment

Cohort 5 runs October 3, 2023 – December 14, 2023
Focus categories: Baby and Toddler, Beauty, Health and Personal Care, Household Essentials, Pets, Toys and Entertainment

Additional categories will also be considered.

Key Details of the Program

  • 10-week virtual startup accelerator program
  • Sessions are scheduled 5 – 8pm CST Tuesday and Wednesday evenings with optional office hours on Thursdays
  • Includes all products available at Target except apparel and accessories, CDs, DVDs and books
  • Requires about 10 – 15 hours per week
  • 30 companies will be accepted
  • Up to 2 members of each company can join
  • During all 10 weeks, at least 1 founder needs to attend all required sessions
  • Free to accepted participants
  • Each company is given a $5,000 stipend

Eligibility Criteria

  • A founder must be 18+
  • Must have an LLC, B-Corp, S-Corp or other registered entity (sole proprietorships are not allowed)
  • Must currently have a physical product that is available to sell
  • Cannot be a current or prior vendor with Target
  • Must be a consumer packaged goods (CPG) company focused on growth and scaling for mass retail
  • Desire to actively collaborate, support and connect with other founders
  • Must sell direct-to-consumer (DTC) online, in specialty stores or have limited brick-and-mortar presence (<50 stores)
  • Ideally have less than six employees
  • Ideally have lifetime revenue of $5,000 – $500,000
  • Ideally have limited manufacturing and supply chain capabilities

Also Check: Latest Monthly Opportunities you can apply for

Application Procedure

The deadline for registration is 3rd February 2023

For more information visit Target Forward Founders Accelerator

Thank you for reading this post, don't forget to subscribe!

Are you interested in receiving the latest grant, funding, and business opportunities? Join our newsletter for free and stay updated!

Click here to join our newsletter

Join our community:

Join our WhatsApp group

Join our Telegram group

Join our Facebook group

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Scroll to Top