Boost Pad Inc

Programs

1. Next Level Accelerator Cohort Program flagship accelerator | In 2025 The Boost Pads Next Level Accelerator produced strong measurable outcomes for under resourced founders in Charlotte NC. Across Cohort 10 and Cohort 11 52 individuals applied 35 were accepted 31 enrolled and 25 completed the accelerator resulting in a completion rate above 80%. Participants were 80% Black 64% women and 76% from low to moderate income households annual income at or below 63,000 meaning the program reached the very entrepreneurs least likely to access bank financing or traditional accelerator support. At baseline participating businesses reported 196,000 in prior 12 month revenue and 15 existing employees; post program projections estimate 1,527,100 in net revenue and 78 expected workers within 12 months. With an approximate combined program cost of 120,000 the accelerator achieved an estimated cost of 4,800 per graduate 1,538 per projected job and a 12.7:1 revenue leverage ratio about 0.08 in program cost per projected revenue dollar. Participants reported a Net Promoter Score of 91 and 90% reported increased confidence in their ability to grow their business a leading indicator of risk tolerance…

   $100,000 spent$106,478 earned by the program
   52% of program spending

2. Entrepreneurial Mindset & Founders Training | In 2025 The Boost Pads education and community building programs deepened founders skills and long term success beyond the accelerator cycle. Founders received 590 hours of entrepreneur in residence training and advisory support attended 366 individual networking events and participated in an Access to Capital convening with 186 attendees. Across programs 90% of participants reported increased confidence in their entrepreneurial abilities and the organization recorded a Net Promoter Score of 91 indicating a high level of satisfaction and perceived value. These outcomes show that founders are not only starting businesses but also gaining the mindset networks and support systems needed to sustain and grow them. The Boost Pad achieves this through its Entrepreneurial Mindset & Founders Training and Founder Community & Mentorship programs. Entrepreneurial Mindset & Founders Training offers both live workshops and self paced digital content focused on idea validation business model design financial fundamentals legal and operational readiness and launch planning. The curriculum is specifically tailored for first time and under resourced…

   $82,828 spent
   43% of program spending

3. Founder Community Mentorship and Startup Currency Resource Grants | The Boost Pads Startup Currency and capital access initiatives convert philanthropic dollars into direct catalytic resources for under resourced entrepreneurs. In 2025 these efforts helped founders secure grants for critical needs such as legal formation intellectual property protection marketing and infrastructure upgrades. Program case studies demonstrate tangible impact: one founder used a 5,000 Startup Currency award to cover patent related legal costs and subsequently secured a 10,000 NC IDEA Seed grant; another leveraged Boost Pad funding and support to add multiple new client accounts including a major school contract hire employees and reinvest in software and marketing operations. These outcomes illustrate how early flexible capital and targeted support unlock follow on funding business growth and job creation for low wealth founders who are typically excluded from traditional capital markets. To drive this impact The Boost Pad operates Startup Currency Resource Grants and related capital access programs including pitch competitions and the Nitro Fund. Startup Currency provides small flexible grants often…

   $8,000 spent
   4% of program spending

4. Other program services, not described on the e-filed return.

   $0 spent
   0% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $190,828.