ORI
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Entrepreneurship & Capital for Upward Mobility

Description

Few vocations offer the same opportunities for ownership upside and multi-generational wealth creation as entrepreneurship. For many, the word “entrepreneurship” suggests the Silicon Valley stereotype of elite tech bros making billions through their well-funded endeavors. Given the financial stakes of much venture capital, this stereotype exists because it’s largely true—which means the tech entrepreneurs who fit a particular profile are most likely to have access to opportunity and resources to grow their enterprise.

We're interested in ventures that see access to entrepreneurship as a viable and critical activity for talented and ambitious people from all communities. They provide opportunity to those excluded from financial and social-capital networks that often go back generations. From fellowships to mentoring to niche funds and more, we need many more ventures interested in less market-obvious opportunities, including those for women, people of color, and less-resourced entrepreneurs who lack access to the conventional pathways to entrepreneurship.

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Praxis Ventures

Ventures within the Praxis community working on this ORI.

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Rising Tide Capital

advances the economic empowerment of low-income individuals and communities through entrepreneurship (Alex Forrester & Alfa Demmellash, Nonprofit 2013).

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LoanWell

is an automated loan origination platform for community banks. Their mission is to increase loan access and affordability for small businesses that can create economic opportunity (Bernard Worthy & Justin Straight, Business 2019).

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Hustle PHX

empowers men and women in urban communities across Phoenix with the intellectual, social, and financial capital to start businesses that glorify God and serve their neighbor (Oye Waddell, Nonprofit 2019).

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