Blaze Group转发了
Ensuring the future of finance is inclusive. | CEO, Blaze Group | Advisor, Kiva US | Ex-Chief Credit Officer, Hello Tractor | Ex-VP, BAML
After 8 impactful years, 1863? Ventures (founded by Melissa Bradley) is closing its doors… for a new chapter. It has been announced that Washington, DC-based 1863 Ventures is closing its doors. The non-profit has provided business development programs, coaching, mentorship, and capital access to new entrepreneurs. The vision has been to create $100Bn in wealth for the “New Majority” (Black and brown entrepreneurs), and founders to date have benefited from the $7MM investment pool. “We’re no longer lacking technical assistance or training programs for Black founders,” she told the Washington Business Journal. “What we’re lacking is a level of credibility and sustainability around, ‘Once a founder graduates, what happens next?” Another organization called New Majority Ventures is now taking shape, functioning as a for-profit that helps founders through their next stage of growth. I love this evolution — as I believe #sustainability is an under-addressed issue in a landscape where firms have largely pushed for growth. We need reimagined metrics + ROI frameworks measuring holistic economic impact over decades, not sprints (jobs created, ripple effects on family/community economic activity, evolution stories, founder wealth portfolio shifts, regenerative capital cycles, etc.). #Revolutionary leaps require #evolutionary strides.