REI reveals 6 startups for brand spanking new accelerator that promotes founders of coloration – GeekWire

(REI Picture)

Path Forward Ventures, a brand new initiative from Seattle out of doors retailer REI, on Tuesday introduced the six startups collaborating in its Navigate accelerator program that goals to assist founders of coloration develop their companies.

The 16-week program supplies funding, mentorship, programming, and entry to REI’s enterprise experience. REI partnered with R/GA Ventures to develop this system.

REI is investing $30 million into Path Forward Ventures, which launched in October and goals to bolster inclusivity and illustration. Earlier this yr, REI supported 27 founders in its Embark program which has a give attention to early-stage founders.

Six firms have been chosen for the inaugural cohort. Every founder can be provided a $25,000 equity-free grant, further fairness funding, and sources tailor-made to their firms’ wants.

Right here’s extra data in regards to the chosen startups:

Based mostly in Bronx, N.Y., allmansright designs and produces sustainable ultralight gear. It goals to assist shield and diversify the outside. allmansright was based by Livio Melo, who has an industrial design diploma, and Jennifer Jacobson, who has expertise in merchandising, advertising and marketing, and occasion.

Based mostly in Edgewater, Colo., Alpine Parrot creates technical out of doors attire to encourage underrepresented folks, particularly folks of measurement and other people of coloration, to take part within the outdoor. It makes inclusive attire in girls’s sizes 14-24 and plans to incorporate as much as measurement 30 by the tip of the yr. Founder and CEO Raquel Vélez has in depth engineering expertise.

Based mostly in Las Vegas, Kobee’s creates natural, environmentally-conscious lip balm with a plastic-free coverage. It strives to maintain a low environmental impression by utilizing lip balm tins fabricated from recyclable aluminum and chapstick tubes which can be compostable and biodegradable. Kobee’s can be dedicated to donating a proportion of gross sales to non-profit organizations working to scrub the atmosphere. It was based by Kobe Harris, who has a bachelor’s diploma in Finance.

Based mostly in Englewood, Colo., Out of doors Ingredient creates accessible out of doors journey gear. Most gear is themed round fireplace creation and camp kitchens so prospects are inspired to soundly discover the outside. Mike Mojica is a founder and associate with mechanical engineering expertise.

Based mostly in Los Angeles, OYA creates breathable attire that helps athletes battle female well being points. Its attire is absorbs moisture, has antimicrobial properties, and will increase air flow. Founder and CEO Mitchella Gilbert has an MBA and consulting expertise.

Based mostly in Dorchester, Mass., PYNRS makes use of high-performance recycled materials and streetwear design ideas to create technical operating attire. It strives to serve various physique varieties. Founder and CEO Sidney Baptista has expertise rising a number of firms.



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