New Impact Fund

New Impact Fund

Venture Capital and Private Equity Principals

Minneapolis, Minnesota 254 followers

The New Impact Fund is transforming BIPOC business funding, connecting High Net Worth Individuals with BIPOC businesses.

About us

The New Impact Fund is not a think tank; it's a do tank. Our mission: To connect BIPOC entrepreneurs in the Twin Cities with the financial and social capital they need to grow and sustain their businesses through an evergreen loan fund mobilized by High-Net-Worth Individuals, and ultimately to eliminate the racial wealth gap in our local ecosystem. Our vision: To build a world in which financial, social, and cultural systems honor BIPOC business owners and all business owners with equitable chances to succeed and the autonomy to do so on their own terms. "This is your place to spark change locally by investing in BIPOC entrepreneurs." - Susan Shank, Former Cohort Member For more information, please contact: Alicia R. Phillips (612) 281-4809 alicia@newimpactfund.org www.newimpactfund.org

Industry
Venture Capital and Private Equity Principals
Company size
2-10 employees
Headquarters
Minneapolis, Minnesota
Type
Privately Held
Founded
2016
Specialties
investing, impact investing, social entrepreneurship, women in business, venture captial, startups, social ventures, bipoc entrepreneurs, women entrepreneurs, minneapolis, minnesota, twin cities, venture captial, midwest, diversity, entrepreneurship, philanthropy, social justice, economic justice, innovation, and startupcompanies

Locations

Employees at New Impact Fund

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