Neighborhood Start Fund

Description

Neighborhood Start Fund was founded by Lupe Fiasco and Di-Ann Eisnor to turn ideas into start-ups. We need more diverse entrepreneurs bringing fresh ideas and new innovations to life. So, we’ve created a neighborhood-specific fund to support entrepreneurs and start-ups from underserved areas and of course so the best new ideas won’t go wasted. We provide access, network, workshops, mentoring and of course funding. We launched in our first neighborhood, Brownsville, Brooklyn in October ‘15 are now in 9 neighborhoods. Our vision is to turn every neighborhood fund into a local micro-economic engine. Proceeds of every successful exit is reinvested into other hyperlocal startups! Our goal is to prove that huge businesses can come from our neighborhoods.

AI Sector Summary

Neighborhood Start Fund is a community-focused venture capital fund targeting early-stage startups from underserved neighborhoods with a focus on social impact and diverse founders rather than specific industry verticals.

Financials