The HBCU Founders Accelerator, based in Los Angeles, California, focuses on supporting startups led by founders from Historically Black Colleges and Universities (HBCUs). The accelerator offers a four-month, mostly virtual, intensive program tailored to the specific needs of each startup. They provide follow-on funding ranging from $100,000 to $500,000, with an average investment of around $250,000, primarily targeting seed-stage companies.