Frequently Asked Questions
What is the Wealth Accelerator?
The Wealth Accelerator is an initiative designed to close the wealth gap in Connecticut and beyond. It incubates and scales evidence-based wealth-building interventions to improve financial stability for low and moderate income families.
Who sponsors the Wealth Accelerator?
The program is fiscally sponsored by ConnCORP and ConnCAT, with Erik Clemons leading its creation.
What is the Cash Catalyst Program?
Cash Catalyst is the Wealth Accelerator’s first wealth-building intervention. It is a first-in-the-nation accelerated baby bonds program designed to provide direct capital, teach financial skills, and inform future statewide Baby Bonds distributions.
Can anyone join?
The program is designed for individuals who meet specific eligibility criteria. We encourage you to stay up to date with Wealth Accelerator announcements to see if the next program is a fit for you.
How is the Wealth Accelerator different from traditional approaches?
We act as a catalytic impact investor, focusing on measurable outcomes. We fund, coordinate, and evaluate interventions to de-risk scaling proven wealth-building solutions for broader adoption, rather than creating solutions ourselves.
Have a question?
If you can’t find the answer here, please email info@wealthacceleratorct.org and we’ll be happy to help.