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Inclusive Investing™ Fund

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Black-Led Zeal Capital Partners Launches $50M Inclusive Fund to Support Diverse Early-Stage Startups

When it comes to acquiring seed capital to start a business, many American entrepreneurs find themselves overlooked by venture capitalists and struggling for financial-backing support. With less access to financial services, companies led by diverse management teams are left under-invested and vulnerable to failure. To combat this, venture capital firms are aiming to take the lead in order to empower the next generation of diverse business leaders. As part of the inclusive venture capital movement, Zeal Capital Partners — a Washington, D.C. -based inclusive investment vehicle for early-stage businesses — has created a solution. To continue its mission of investing in rising ventures and level the playing field to help bridge the country’s wealth and skills gap, it has just launched the Inclusive Investing™ Fund . Zeal’s $50 million fund — which is anchored by PayPal, The Alfred P. Sloan Foundation, a large university endowment, family offices, notable business leaders, and other...

Nov 2, 2020