LOUD Capital Columbus, OhioSize: With $50 million in assets under management, it is raising an additional $50 million What it is: Founded five years ago, LOUD Capital has provided alternative financing, including asset-based funding and venture debt, to about 400 companies in industries including supply chain and professional services firms. Investors earn performance-based dividends and bonuses at different […]
Elaine Pofeldt and Elizabeth MacBride
Posted inUncategorized
Fund of the Week: Collab Capital
Fund of the Week Collab Capital Location: Atlanta, GASize: On track to close $10M by August What it is: Collab Capital aims to decrease the racial wealth gap by helping Black-founded businesses overcome funding and network challenges. Collab seeks to invest in entrepreneurs that are building sustainable, profitable companies, hiring in their communities, and reinvesting in founders […]
Posted inUncategorized
Fund of the Week: Lightship Capital
Fund:Lightship CapitalCincinnati, Ohio First close of $22 million, with an additional $23 million in commitments Investment thesis:The lack of venture capital in the Midwest means there are opportunities. A survey of Crunchbase data from 2008-2018 shows a higher multiple for Midwest companies: 93 companies from the Midwest raised a median $15.5 million and had a […]
Posted inVC Spotlight
Fund of the Week: Elevate Capital Aims To Reach Excluded Entrepreneurs In Pacific Northwest
Fund: Elevate Capital Fund IIElevate Capital Hillsboro, OR$40M What It Is: In 2016, Elevate Capital’s founding partner, Nitin Rai, created Elevate Capital Fund I, a $10 million venture fund for entrepreneurs who have historically been excluded by the traditional venture capital community in Oregon and Pacific Northwest. Now, Rai and his three partners, Jill Nelson, Raghu Raghavan, and Kumar Sripadam, […]
Posted inUncategorized
Fund of the Week: 1863 Ventures Invests In New Majority Entrepreneurs Aiming For Scale
Fund: 1863 VenturesWashington, D.C.First close of $2.5 million, aiming to raise $10-$20 million What it is: An impact-oriented venture capital fund investing in New Majority entrepreneurs. The fund is attached to a business development program committed to accelerating New Majority entrepreneurs from high potential to high growth. 1863 Ventures and its affiliated program have supported 559 founders; about 90% of […]
Posted inVC Spotlight
Small Business Resource Guide
America’s 30 million small businesses are the driving force of the nation’s economy. The Times of Entrepreneurship team has compiled a resource guide to support them. Here is a list of programs still offering financial aid and support to small businesses amid the COVID-19 pandemic. Camden Micro-Business Emergency Assistance ProgramThe city of Camden, N.J. has […]
Posted inUncategorized
Coronavirus Brought About A Historic Shift: Microbusinesses Counted
Ginger Routh and her husband Josh run Circus Kaput, an entertainment agency in St. Louis, Missouri that books musicians, jugglers and fire breathers for events. Since the COVID-19 crisis took hold, they’ve seen 800 live events cancelled. They’ve tried to find new opportunities by showcasing their work online—Josh, an entertainer, now runs Quarantime, a twice-a-week […]
