Innovative Startups Join Blackbaud's Accelerator for Social Impact

Blackbaud's Accelerator Program Welcomes New Startups

In an exciting and groundbreaking initiative, Blackbaud (NASDAQ: BLKB) has unveiled the latest cohort of its Social Good Startup Program. This accelerator program aims to enhance social impact by nurturing innovative technology solutions provided by startups dedicated to making a difference. The latest participants showcase their commitment to transforming the social impact landscape with cutting-edge technology and solutions tailored for nonprofits and socially responsible enterprises.

Empowering Innovation in the Social Sector

With an impressive lineup of nine startups joining the January cohort, Blackbaud continues to reinforce its position as a leader in supporting socially impactful technology. The program not only focuses on providing resources and support to these startups but also emphasizes the significance of inclusivity by welcoming founders from various underrepresented backgrounds in the tech industry. Each participating startup brings distinctive solutions aimed at maximizing impact, addressing prevalent challenges, and encouraging collaboration across the sector.

Spotlight on Promising Startups

The January 2025 cohort includes a diverse array of startups, each with its innovative approach:

Altruify

Altruify is a comprehensive digital marketplace for philanthropy management, connecting charitable donors, volunteers, and nonprofits. Its patented "Donate-Through-Data" technology allows users to monetize digital interactions while gaining incentives for their contributions.

Boost My School

This platform is specialized for K-12 fundraising, catering to the unique needs of over 150 schools across the country. It modernizes the donor experience with engaging fundraising pages and innovative payment solutions.

Collective

Collective serves as a mobile platform connecting local organizations with community members, allowing them to share impactful stories and develop lasting collaborations through support programs.

Connect To Give

Offering a suite of solutions designed for educational institutions, Connect To Give empowers high-yield giving circles with data-driven intelligence to foster sustainable growth and funding.

Daffodil

Daffodil aims to revolutionize philanthropic giving by connecting donors with reputable nonprofits, creating accountability and exciting incentives that highlight impact.

KarmaSuite

This platform simplifies the management of restricted grants for nonprofit finance teams, allowing them to focus on their core missions while effectively handling complex financial requirements.

Mentor Spaces

Designed for corporate and university leaders, this software platform enhances mentorship programs for underserved communities, unlocking potential and creating sustainable career pathways.

Pledge

Pledge democratizes the giving process via AI-driven solutions that facilitate fundraising and provide cryptocurrency support, boasting over $150 million in donations for numerous charities worldwide.

Revere Software

Revere Software provides SaaS solutions for corporate employee volunteering programs, fostering meaningful collaboration between experts and organizations engaged in impactful pro bono initiatives.

Blackbaud's Commitment to Social Good

Through the Social Good Startup Program, Blackbaud aims to provide valuable opportunities for startups to experiment with innovative products and integrate them into their offerings. This initiative allows startups to contribute to the ecosystem with their cutting-edge solutions while working closely with Blackbaud to enhance customer experiences.

The Path to Success: A Proven Track Record

Since its inception, the Blackbaud Social Good Startup Program has accomplished remarkable success. Out of 77 startups supported, 71 continue to thrive, which showcases an impressive 92% success rate, far exceeding the standard for tech startups. The program's dedicated support structure includes tailored plans for growth, marketing opportunities, and access to valuable resources, ensuring these startups have the support they need to flourish.

Continued Opportunities for Aspiring Startups

Applications for the Social Good Startup Program are accepted on a rolling basis. The program invites aspiring startups to bring their innovative solutions to the table and join a community dedicated to making a positive social impact. Founders are given the chance to showcase their ideas at the annual Blackbaud Social Good Startup Showcase, where networking opportunities and prizes are available. Furthermore, this year’s cohort will participate in the flagship Blackbaud tech conference, fostering engagement and collaboration within the community.

About Blackbaud

Blackbaud (NASDAQ: BLKB) stands at the forefront of software solutions that drive social impact across various sectors. Catering to nonprofits and organizations committed to making a difference, Blackbaud's advanced software facilitates fundraising, digital giving, and financial management, empowering millions of users globally. With a robust portfolio of solutions, Blackbaud has established itself as a leader recognized for its contributions to corporate social responsibility and community well-being.

Frequently Asked Questions

What is the Blackbaud Social Good Startup Program?

The Blackbaud Social Good Startup Program is an accelerator designed to support early-stage software companies that focus on developing impactful technology solutions for the social impact sector.

How many startups are participating in the January 2025 cohort?

Nine startups have joined the January 2025 cohort of the Blackbaud Social Good Startup Program, each presenting unique solutions designed to enhance social impact.

What kind of support do startups receive in the program?

Startups gain access to Blackbaud’s resources, marketing opportunities, and grant funding, helping them grow and integrate their solutions effectively.

What are some examples of the startups in this cohort?

Examples include Altruify, Boost My School, Collective, and Pledge, each providing innovative solutions aimed at enhancing charitable giving and community engagement.

How can startups apply for the program?

Startups can apply on a rolling basis through the Blackbaud website. Interested organizations are encouraged to check for the latest opportunities and submission guidelines.

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