Structural inequities—both historical and current—have created barriers for entrepreneurs of color to build wealth and grow their businesses. The San Francisco Entrepreneurs of Color Fund (SFEOCF) seeks to address these inequities by creating a more accessible and seamless continuum of capital and services for entrepreneurs of color in San Francisco. SFEOCF, funded by JPMorgan Chase & Co., is a collaborative effort among three community development financial institutions: Working Solutions, Pacific Community Ventures, and ICA. The Aspen Institute’s Business Ownership Initiative is partnering with the collaborative members to conduct an evaluation of the Fund. Its midpoint report documents the experiences, lessons, and outcomes from the collaborative, and offers insights for other organizations to consider in their approach to this work.
Tweet Report: “San Francisco Entrepreneurs of Color Fund: Creating a Continuum of Capital and Consulting – Midpoint Report.” Featuring @ws_microloans, @ICAFundGoodJobs, and @PCVtweets. Written by Sarah Alvarez & Joyce Klein at @Aspen_BOI.
The Business Ownership Initiative works to build understanding and strengthen the role of business ownership as an economic opportunity strategy. BOI is an initiative of the Economic Opportunities Program.
The Economic Opportunities Program advances strategies, policies, and ideas to help low- and moderate-income people thrive in a changing economy. Follow us on social media and join our mailing list to stay up-to-date on publications, blog posts, events, and other announcements.