Venture Capital - Minneapolis, MN, US
The New Impact Fund enlists philanthropic investors to pool funds for making loans and credit enhancements to BIPOC (Black, Indigenous, People of Color) and immigrant-owned businesses in high-poverty Twin Cities' neighborhoods that have been underinvested in and underestimated. Together we unite to build confidence and lift ideas and entrepreneurs to the next level through direct capital investment. This peer-to-peer community is organized into intimate cohorts, guided by experts to learn the landscape, discuss topics, and engage with BIPOC small business owners. Our approach is unique, creative, collaborative, and nimble.The New Impact Fund is not a think tank; it's a do tank.This is not just about the money. It is about assisting entrepreneurs to gain access to networks, advising, mentorship, and opportunities. Money is part of the equation. Opening pathways for networking, facilitating knowledge sharing, and other revenue-generating opportunities will be game-changing for entrepreneurs. We believe we represent the necessary evolution in philanthropic leadership."This is your place to spark change locally by investing in BIPOC entrepreneurs." - Susan Shank, Former Cohort MemberFor more information:Alicia R. Phillips612.281.4809alicia@newimpactfund.orgwww.newimpactfund.org
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