Funding Opportunities

Target Forward Founders Accelerator Program For Startups ($5,000 Stipend)

    Target Forward Founders
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    An accelerator program called Target Forward Founders is available to early-stage consumer packaged goods (CPG) startups who are curious about the retail industry. Its goal is to help creators with historically limited resources become the next wave of companies that create wealth.

    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

    Programming.

    • 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

    Participation.

    • 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

    Financials.

    • 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
    • Brand falls into an identified category (Baby and Toddler, Food and Beverage, Health and Personal Care, Household Essentials, Pets)
    • Product must demonstrate existing traction in the market, such as social media engagement, revenue growth or a growing customer base

    Application Timeline

    The deadline for registration is 3rd February 2023

    How to Apply

    To apply for Target Forward Founders Accelerator Program click here

     


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      Johnpaul Mbanefo

      The author Johnpaul Mbanefo

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      Mr. Johnpaul Mbanefo is a dynamic professional specializing in project management, business analysis, business plan and proposal writing, agribusiness consulting, grant writing, and pitch deck expertise, driving success through strategic planning and effective communication.


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