New Fund to Support Social Enterprises
I am thrilled to announce that Social Ventures Fund, LLC had its first close and has come into formation. It will remain open for new investors for the next 18 months. This is a great opportunity for individuals, family funds, and companies to extend their philanthropy into their investment portfolio. Please spread the word about the fund and forward interested parties to me for information. The fund is open only to accredited investors.
The effort to form Central Ohio’s first angel fund dedicated to local social enterprises began for me in Fall 2012 so it is a significant personal milestone in a very long journey. It has changed its name over the years: COBRAF, CINCO, and now Social Ventures Fund.
Social Ventures Fund is just one of many new ways we are working to help advance businesses dedicated to creating social impact. I hope all of you have registered to join me August 15 from 5pm to 7pm (program at 6pm) to learn about our community’s tremendous progress over the past year as well as our third annual report on the State of Social Enterprise in Central Ohio (download last year’s report here) and announcement of over 23 programs we will offer in 2017-2018. Join the 210 people already registered at this link.
President & CEO