Fledge

Fledge is a distinctive global network of business accelerators dedicated to fostering mission-driven for-profit companies. Established in 2012, Fledge differentiates itself by focusing exclusively on ventures that aim to generate both financial returns and positive social or environmental impact. Operating on a global scale, Fledge runs multiple accelerator programs in various cities worldwide, including its base in Seattle, as well as locations like Prague and Lima, emphasizing a localized yet interconnected approach to supporting impact entrepreneurship.

The accelerator's investment model is designed to provide early-stage capital and intensive mentorship to its participating startups. Fledge typically provides a standard initial investment of $20,000 in exchange for a 5% equity stake in the company. This initial capital is complemented by a rigorous program that helps founders refine their business models, develop sustainable strategies, and prepare for subsequent funding rounds. While the initial cheque is $20,000, Fledge indicates that some companies may receive up to $50,000, often through follow-on investments or specific program structures, demonstrating a flexible approach to supporting promising ventures.

Since its inception, Fledge has built a substantial portfolio, having worked with over 150 companies across diverse sectors, all united by their commitment to social and environmental good. Their portfolio spans areas such as sustainable agriculture, clean technology, education, and healthcare, reflecting their broad interpretation of "mission-driven." Beyond capital, Fledge provides a comprehensive curriculum, access to a network of mentors, and opportunities for peer learning, aiming to equip entrepreneurs with the tools necessary for long-term success and scalable impact. This holistic support system is crucial for startups navigating the complexities of balancing profit with purpose.