Program areas at Halcyon House
Halcyon incubator and intensives: the program offers fellowships to support early-stage impact-driven business founders from around the world. The fellowships include a four-month residential fellowship in Washington, d.c., as well as intensive fellowships that serve different international communities, sectors, or demographic groups with tailored needs. Halcyon's fellowships offer a combination of leadership coaching, legal support, consulting supporting, coaching, mentorship, residency, skill-building, and cash stipends to help founders scale businesses solving problems in every sector, from education, to energy, to health care. Halcyon incubator offers these fellowships at no cost to participating entrepreneurs, and takes no equity in their ventures for the fellowship.since launching in 2014 Halcyon has supported 288 startup ventures, which have gone on to raise almost $500 million to scale their businesses, create over 6,000 jobs, and impact the lives of 9.3 million people around the world. Seventy-eight percent of our ventures had a founder of color, and seventy-five percent have a woman founder or co-founder. Sourced at their founding stages, 84% of ventures are still in operation today.
Halcyon awards: Halcyon's event programming is designed to lead and expand the conversation around impact-driven business and inspire innovation. The largest of Halcyon's events, the Halcyon awards are an annual celebration of Halcyon's fellows, community members, and nationally and internationally recognized trailblazers in business, arts and culture, and policy.
Impact investing: as part of its effort to grow the impact-driven business ecosystem and fuel impact-driven startups, Halcyon has launched three funding vehicles. While Halcyon incubator fellowships take no equity, founders shared a need for access to likeminded funders, leading Halcyon to create:1) the halyon fund, a $5m investment fund supporting Halcyon incubator ventures that do want to pursue venture capital funding. To date, the Halcyon fund has a portfolio of 12 ventures.2) Halcyon angels, an active angel investing group that sees Halcyon incubator ventures as well as other early-stage impact-driven startups. The Halcyon angels meet six times per year to hear pitches.3) Halcyon microloan fund, an alternative funding source for d.c.-based Halcyon incubator ventures that choose not to pursue venture capital funding at this time, but can benefit from an infusion of funding. Loans of up to $20,000 are available, with generous terms designed to support scaling the ventures.