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Dream Space Accelerator Application

Thank you for your interest in joining the Dream Space Accelerator! The main purpose of this application is to make sure the businesses we accept into the Accelerator will be successful in securing financing at the end of the program. A good candidate for Dream Space is passionate about their business and has the determination and resilience to work hard to bring it to life.

This application shouldn’t take more than 20 minutes to complete. We ask questions about you as a person, your current business (if you’re already operational), and the concept you plan to develop in Dream Space. You’ll also upload a few core financial documents (tax returns and a personal financial statement). 

Many Accelerator participants are in the earliest stages of developing their concepts. This application (and Pedal as a whole) is a judgment-free zone, so answer the application questions as honestly and openly as possible and don’t worry if you don’t have it all figured out yet.

Once you complete the application, you'll get a confirmation email from us and a response to you within ten business days.

Click the button below to begin

Start

Basic Business Information

This is the easy part.

Question 2 of 37

Your Name

Question 3 of 37

Name(s) of Business Partner(s) (if applicable)

Question 4 of 37

Name of Business (if known)

Question 5 of 37

What type of business is it?

A

Store where you sell things (Boutique/ Soft Goods/ Apparel, Pet Supply, Kids Clothes, Toys, Gifts, Grocery Market, Specialty Store)

B

Foodservice (Restaurant/ Fast Casual/ Coffee Shop/ Bar)

C

Fitness (Yoga, Karate, Personal Training)

D

Experiential (Games/ Sports/ Kid Play Concepts)

E

Food & beverage for off-premise consumption (Market/ Grocery/ Prepared Foods/ Wine Shop

F

Personal Services (Spa, Massage, Hair Salon)

G

Other

Question 6 of 37

Where do you plan to open your business (geographically)?

Question 7 of 37

How did you hear about the Dream Space Accelerator?

Question 8 of 37

Why are you interested in the Dream Space Accelerator?

Business Information

This section is a little juicier - we want to learn about the business you're planning to open.

Question 10 of 37

Describe your existing/intended business concept including what you sell (what brings in the money) and who your target customer is.

Question 11 of 37

What size space do you need?

A

1,000 SF or below

B

1,000 - 2,500 SF

C

2,500 - 4,500 SF

D

4,500 - 6,500 SF

E

6,500 - 10,000 SF

F

10,000 SF +

Question 12 of 37

Are you already in business?

A

Yes

B

No

Question 13 of 37

If you're already in business, how long have you been in business?

Question 14 of 37

If you're already in business, what was your total revenue for the last calendar year?

Question 15 of 37

If you're already in business, do you currently have a brick-and-mortar space? If yes, where is it, and when does your current lease expire?

Question 16 of 37

If you are already in business, briefly describe your current business' path of growth since you launched.

Question 17 of 37

Please provide your website and social handles (if you have them).

Question 18 of 37

If you are not yet open for business, when would you like to be?

Question 19 of 37

How much money do you anticipate you will need to open your business, and how do you plan to fund it?

 

(The Dream Space Accelerator can help you answer both questions. If you don't know yet, just write "not sure yet".)

Question 20 of 37

Where do you see your business in five years?

Question 21 of 37

My business includes...

 

(Select all that apply)
A

Prepared food for on-site consumption

B

Prepackaged food for on-site consumption

C

Prepared food for off-site consumption

D

Alcohol for on-site consumption

E

Alcohol for off-site consumption

F

Childcare (without parent supervision)

G

Dog boarding

Personal Questions

Getting to know the person behind the business

Question 23 of 37

Briefly, who are you and how are you personally qualified and motivated to run your business? You can include educational, professional, and personal background here.

Question 24 of 37

Are you working (as an employee or contractor) right now? If yes, full time or part time? Do you work from home?

Question 25 of 37

Tell us about a challenging time in your life that lasted for at least a month and how you found your way through it.

Question 26 of 37

Excluding your own, what's your favorite brick-and-mortar business and why?

Financial Information

(We're not judging you personally here. We're assessing your realistic ability to qualify for outside financing and secure a long term lease.)

Question 28 of 37

Do you file taxes with someone else? If yes, who?

Question 29 of 37

What's your total annual household income?

Question 30 of 37

How much outstanding debt do you have (mortgage, student debt, car loan, credit cards etc.)

Question 31 of 37

Please upload a Personal Financial Statement.

 

You can use this template or provide your own:  https://www.score.org/resource/template/personal-financial-statement-template

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Question 32 of 37

Please upload last years' tax returns

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Question 33 of 37

Please upload your tax returns from two years ago

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Question 34 of 37

If you're already in business, please upload a current balance sheet

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Question 35 of 37

If you're already in business, please upload last years' tax returns (if they're separate from your personal return).

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Question 36 of 37

If you're already in business, please upload the last 12 months rolling, or the last full year if the rolling 12-month P&L is unavailable.

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Question 37 of 37

Last question!

Is there anything else you'd like us to know about you or your business?

Confirm and Submit