Fully aware that Detroiters of African descent have never lacked creativity, viable economic strategies, entrepreneurial zeal, or innovative business models, Black Leaders Detroit aims to diminish the disparities by providing the one thing that has been lacking: financial support.
Recoverable grant purpose: To support equitable small business investing in Detroit, Michigan
Denkyem Co-op is a Washington Social Purpose Corporation that provides access to affordable loans for Black-owned businesses. Denkyem provides access to affordable loans for black-owned businesses in the Puget Sound region.
Recoverable grant purpose: To support equitable small business investing in the Pugent Sound region.
Greater Baybrook Alliance is a non-profit community development corporation, responsible for a wide range of community building, neighborhood revitalization, and issue advocacy leadership for the South Baltimore peninsula.
Recoverable grant purpose: To support equitable small business investing in South Baltimore communities
ID Ventures scales promising early-stage ventures into thriving companies that help support the state’s economy, provide jobs to local talent, and bolster Michigan’s growing startup community.
Recoverable grant purpose: To provide co-investment for micro-venture financing to BIPOC-entrepreneurs in Metro Detroit and statewide.
Ignite Capital is designed to empower Baltimore social enterprises in economically distressed communities by providing the financial resources required to spur economic activity and rebuild their neighborhood economies through entrepreneurship.
Recoverable grant purpose: To invest in social enterprises in Baltimore
Latino Economic Development Center (LEDC) equips Latinos and other underserved communities with the skills and financial tools to create a better future for their families and communities.
Recoverable grant purpose: To support LEDC's efforts to assist entrepreneurs in Baltimore through relief financing
New Majority Capital comprises entrepreneurs and impact capitalists working on creating a better financial future by increasing the number of under-represented business owners via entrepreneurship through acquisition (ETA).
Recoverable grant purpose: To provide early operational capital to emerging national strategy.
100KM Ventures focuses on supporting early-stage companies in femtech and future of work that have management teams that reflect their diverse customer base.
Recoverable grant purpose: To provide early operational capital to emerging mission-aligned venture fund