Weekly Deals: Investing in Communities
What do a youth start-up acceleration program, a book distributor serving children at the base of the economic pyramid and a rural village educational program focusing on sanitation have in common?
One: their initiatives provide alternatives to national and global corporate and government programs. Two: all three deals are listing on Maximpact today.
This entrepreneur is organizing support for young entrepreneurs in Belgium. Their three month acceleration program helps start-ups in launching their company while their second initiative focuses on helping kids of 10 to 15 to launch and develop a mobile app, a website or a product that they can build on their own or with the help of adults. This is one of the only accelerators around the world that doesn’t take equity in the start-ups that it supports.To further develop their initiatives this entrepreneur is seeking investment in the range of 25.000 to 250.000 $, depending on their upcoming growth.
This entrepreneur has distributed over 100 million books to educators serving children at the base of the economic pyramid in the US and Canada. They are now launching the digital phase of their program. Their goal is to make the model accessible globally by adding digital content and devices to the products offered and distributed. This scaling initiative would take them to a self-sustaining level where they could efficiently serve the ecosystem of NGOs and others who aim to create educational equity worldwide.To make their vision come true, they are currently seeking investment of 9 million $ in 2-3 tranches.