These are 8 to 11-week training programs where we gather a group of investors new to impact investing who want to put their capital into solutions they believe in. The group will go through the training and decide at the end of the program to invest collectively into one of the companies that have been selected to participate in the program.
Like in an Angel Group, the due diligence work is done by the investors. Unlike an Angel Group, this program is focused on impact where the investor will learn about the unique aspects in evaluating impact and creating their “investment thesis”. We think this makes us even better than an Angel Group, but don’t tell our friends at Spring Impact Capital we said that, because we’ll deny it.
Actually, many program participants are also members of Angel Groups and find this program a useful resource for knowledge, community and deal flow. So we’re both awesome.
One especially fabulous benefit is that we’re open to non-accredited investors. They’re able to invest thanks to a Special Purpose Vehicle (SPV) that’s created for each investment.