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|About||Blackbox is a Silicon Valley-based nonprofit working to elevate entrepreneurs across the globe.|
Blackbox elevates entrepreneurs everywhere. Our entrepreneur-first approach is grounded in two fundamental beliefs: that entrepreneurs are the core engine for global economic growth, and that they need someone in their corner.
Despite the tech-driven democratization of entrepreneurship, millions of entrepreneurs across the globe are still unable to realize their full potential because of institutional, cultural, and social barriers. The economic impact is enormous—the Global Entrepreneurship Development Institute (GEDI) estimates improving the conditions that support entrepreneurship by 10 percent could add $22 trillion to the global GDP each year. Driven by a strong commitment to equality of entrepreneurial opportunity, our not-for-profit work spans 60 countries. We believe a more equitable, prosperous future begins with increasing access to entrepreneurial resources: mentorship, capital, knowledge, and networks. Because the world’s most impactful innovations can originate anywhere, Blackbox ensures every entrepreneur has a shot at creating shared value for the global economy—whether they’re born in Cupertino or Cameroon.
So what makes Blackbox different? Blackbox is rethinking the traditional accelerator model. That model is largely focused on creating a pipeline for investors, an approach which makes existing economic hubs stronger, but doesn’t do enough to address inequality of entrepreneurial opportunity or to strengthen emerging startup ecosystems around the world. While connecting startup talent to venture capital is important in the short-term, an entrepreneur’s long-term success requires more. The Blackbox model is designed to be entrepreneur-first at every step, working to create a strong foundation under the founder which elevates their long-term potential, expands their worldview, exposes them to new opportunities, and connects them to their own greatness.