Google.org, BlackRock, Others Commit $2.2M to Fast Forward’s Nonprofit Tech Accelerator
As impact investing gains traction in the market, a new accelerator for tech nonprofits called Fast Forward has raised $2.2 million in philanthropic funding from the nonprofit arms of some of the world’s largest companies and financial services firms.
BlackRock, Google.org, Comcast NBCUniversal and AT&T joined Zendesk, Twilio.org, Hewlett Packard Enterprise, the Nasiri and Rita Allen Foundations and the Omidyar Network in the financing. The not-for-profit accelerator said that the funds would be used to continue to build products that apply technology to the nonprofit world.
While industry has the benefit of access to the latest technologies, the philanthropic world has lagged behind. Fast Forward has set itself up with a mission to help launch products and services that address the needs of the nonprofit sector.