Sacramento Business Journal: FourthWave to offer entrepreneur training for women-led companies
An accelerator program for women-led technology companies in Northern California will launch a 16-week training program this summer, culminating with an investor salon in Sacramento in the fall.
The FourthWave program 2020 is being supported by the Carlsen Center for Innovation and Entrepreneurship at California State University Sacramento and the nonprofit FourthWave.
The program targets mid-level companies that have some traction and customers, said Nancy Perlman, founder of FourthWave, in a teleconference.
FourthWave will feature two meetings per week to go over curriculum, which will teach participants to identify gaps in their business, as well as leadership and business skills. They will also work with business mentors, Perlman said.
The program is focused on California companies, and most companies in this cohort are expected to be from Northern California and specifically the Sacramento area, she said.
It will cost $350 to take the program.
“We wanted to make it accessible, but we find it makes a difference for people to have some skin in the game,” said Cheryl Beninga, a co-founder of FourthWave.
Companies that participated in the first Sacramento cohort of FourthWave in 2017 have gone on to raise more than $15 million in funding, she said.