FirstGrowthVC, a NYC-based accelerator, builds a community of Founders (and strives to avoid engendering competition between the founders within FGVC). FGVC does NOT: (1) take equity, (2) charge, (3) require anyone to do business with anyone else or (4) have a demo day. Founded in 2009, FirstGrowthVC counts seventy five companies as alumni. With well over half receiving funding, while in the program and several with successful exits already, the firm is proud to have played a small role in helping its portfolio and appreciate the jobs and innovation these companies have yielded. FirstGrowth does not take equity stakes in portfolio companies.