We are in a moment in history where entrepreneurs have disproportionate influence on everything from the social problems we work on to what we consume, practice, believe, and desire.
As Jack Dorsey, founder of Twitter and Square, recently declared on the cover of Forbes, "The most efficient means to spread an idea today is corporate structure." Moreover, according to the Kauffman Foundation, 54% of millennials have started an organization or have the desire to start one. Given all of this, we believe the future of our world depends largely on the ventures the next generation creates.
To create an institution for our current context, we've created Praxis as a venture group, structured as a nonprofit, that focuses on equipping and resourcing a growing portfolio of Christ-following entrepreneurs who have committed their lives to cultural and social impact, renewing the spirit of our age one organization at a time.
Each year, Praxis welcomes 12 businesses and 12 nonprofits into our two Accelerator programs, where we provide the top decision makers in these organizations with the knowledge, network, and personal discipleship necessary to build sustainable, high-impact organizations. In 2014, we also launched Praxis Academy, a summer program focused on training Christian undergraduates at the intersection of theology, culture, and entrepreneurship. Academy graduates have a chance to apply for our Emerging Founders program, where they have a unique opportunity to do a summer apprenticeship with our Accelerator alumni.
You can find more information about our team and programs at www.praxislabs.org.
Each year, our Praxis Fellows are selected from a rigorous, highly competitive application process. We accept organizations in high-growth mode and with a product or service already in the market, that are aimed at tackling a major problem through an innovative approach. Since our launch in 2011, we've had the opportunity to support 125+ businesses and nonprofits through our accelerators, working across multiple sectors around the world.
Learn more about our portfolio of entrepreneurs and meet this year's class of business fellows here.