The Facebook Accelerators Program is a program for startups with a product launched in the market and are looking to grow. This program seek to help individuals propel their startup to the next stage. The mission of the program is very simple. Now, According to Facebook the Facebook Accelerators Program is a program aimed at addressing specific business challenges facing the news industry. What this program basically does is that it brings news organizations together to innovate, learn from one another and also collaboratively develop strategies to improve their business both off or on Facebook. You should know, there are some objectives this accelerator program has.
Facebook Accelerators Program
One of the objectives of this accelerator program is to facilitate collaboration between publishers. This can actually happen because of the accelerator workshop. This accelerator workshop brings according to Facebook like minded news organizations and journalists together in one place to work together intensively in small groups.
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Relationships can be formed and best practices can be developed on how to address common problems. In a nutshell, the program was developed to equip impactful communities with the training, mentorships and funds to grow.
It is important you know that the accelerator is an evolution of Facebook fellowship program which in the year 2019 supported 115 participating leaders worldwide. Together, those leaders reported that their projects impacted over one point eight million lives through the online community support.
What Participants are going to Learn
Below is a list of the few things participant of the Facebook Accelerators Program are going to learn.
- All participants are going to learn how to optimize Facebook’s family of apps, features and tools to grow and scale their communities.
- Participants of this program will learn multiple growth strategies and how to leverage each to grow their communities. This is known as community growth strategy.
- In addition to that, participants are also going to learn how to define, communicate and measure the impact their communities have on the world.
Above are a few of the things all participants of this amazing program are going to learn.
How Much Funding Will Facebook Accelerators Program Participants Receive
This is a frequently asked question and you are going to get a pretty straight forward answer here. According to Facebook, they will work with global giving to fund participants approved growth plans. It is decided that up to three million dollars will be awarded to program participants.
You should know, selected participants will receive each up to thirty thousand dollars to execute their growth plans during the program. They could also be eligible to receive part of the five hundred thousand additional funding available at the end of the program to further grow their communities and impact.
Where can I Get More Information | Facebook Accelerators Program
If you need more information on the Facebook Accelerators Program, you can visit the platform official site. Various topics are covered ranging from Why is Facebook doing this to how much funding participants will receive. If you also need information on how to apply, the website is the place to visit. Here is the Facebook accelerator program official webpage https://web.facebook.com/community/accelerator/?_rdc=1&_rdr.