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reSET Impact Accelerator Program

 

Name

Sarah Bodley

 

Title

Executive Director

 

Company/Organization

reSET Social Enterprise Trust

 

City/Town

Hartford

 

Describe your program (<500 characters)

Since January 2013, reSET has offered programs, coworking space and support services to entrepreneurs. reSET drives entrepreneurial activity by: ? Business advising and programming that blends financial sustainability and social and/or environmental impact; ? Since January 2013, reSET has supported 114 entrepreneurs; helped launch 14 social enterprises in Connecticut, from concept to full operation; created 11 jobs; and provided 123 hours of mentoring and advising in 2014; ? Offering a Community Coworking Space in Hartford to entrepreneurs, freelancers, and nonprofit organizations; the space is home to 19 businesses currently; ? Successfully leading advocacy efforts to make Connecticut more welcoming to social enterprise through passage of Benefit Corporation legislation.

 

What are the coolest, most popular features of your program? (<500 characters)

reSET is the only business support program in Hartford specializing in social enterprises. Many of our alumni businesses are making a profit AND addressing a social or environmental need in their community. reSET's Impact Accelerator is a chance for an entrepreneur from CT to have access to a mini-business school experience in 5 months, and it's all for free. Funding from foundations and corporate partners allows greater access to entrepreneurial support and education, especially for local minority and female-owned businesses. In addition, we launched a food incubator in 2019 that supports creation of restaurants and food products in Hartford. There are evident opportunities for businesses that do well by doing good, and specifically those that address food issues: food insecurity, lack of access to healthy food, and the health and nutrition consequences that persist in Hartford.

 

What impact did your program make is 2019? (<500 characters)

We served 243 entrepreneurs through workshops and programming. 71% of the 2019 companies were women or minority-owned. 14 startups participated in the Impact Accelerator. 18 food businesses were served through the food incubator. We formed a culinary collaborative with Hands on Hartford, Forge City Works, KNOX, Parkville Market, and Swift Factory. 26 companies pitched at our Flight Nights and $1,272 was awarded thanks to audience donations. We had 43 events that drew over 1,200 attendees. 86 volunteers provided over 1,000 hours of support. 50% of reSET's entrepreneurs were from the Greater Hartford area. 305 jobs were supported through alumni companies. 12 student teams participated in Wesleyan's student incubator. In addition, we formed new partnerships with Acceleration Group, Black Business Alliance, Capital for Change, and Village Capital.

 

What people are saying about reSET Impact Accelerator Program ...

 Sarah Bodley, sbodley@resetco.orgreSET has done tremendous work in highlighting the importance of social enterprises, as well as getting the Hartford economic development community together to discuss ways to support them and other small business owners. They are doing a lot of capacity-building work that will have a dramatic impact on Hartford's economic landscape.  

Marynee Pontes

 

 


 


 

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