Community Development & Infrastructure
Small Business Funding for Village Launch Program Participants
Village Launch Catalytic Fund
Advised by Mill Village Ministries (a 501(c) (3) organization), the Village Launch fund makes right-fit loans to select graduates of its entrepreneurial training programs. A volunteer advisory committee helps guide investment selection and accountability.
Upstate, South Carolina
Fund Location
Village Launch
Fund Advisor
About This Fund
Village Launch exists to equip under-resourced entrepreneurs to become providers, creators, and producers in their own communities. Programs include a start-up bootcamp, an entrepreneur academy, and a market featuring Village Launch graduates.
A common challenge among under-resourced entrepreneurs is access to funding for starting their businesses. A Village Launch Catalytic Fund (VLCF) has been established at Abundance, allowing you to use venture philanthropy to make flexible small-business loans to select graduates of the Village Launch training programs. The VLCF is advised by Village Launch and an appointed screening committee comprised of staff and program advisors.
Diversified Portfolio
Spread risk across 12+ investments in multiple geographies
Greater Scale
Pool resources to fund larger, more transformative projects
Shared Due Diligence
Leverage professional investment analysis and oversight
Co-Investment Options
Choose to invest more in specific projects you connect with
Fund Details
Fund Advisor
Village Launch
Advisor's Website
villagelaunch.org
Fund Location
Upstate, South Carolina
Fund Status
open
Aligned Impact Pillars
Community Safety & Justice
Economic Mobility & Financial Inclusion
Education
Environment & Climate
Food & Agriculture
Health & Well-Being
Housing & Stability
Local Enterprise & Jobs
How the Fund Works
Portfolio Investments
GreenBuild Housing Co-op
Chicago, IL
Deployed
$420K
GreenBuild Housing Co-op
Chicago, IL
Deployed
$420K
GreenBuild Housing Co-op
Chicago, IL
Deployed
$420K
Aggregate Fund Impact
840
units
Affordable housing units created
2,400+
residents
Low-income residents housed
12
orgs
Community-led organizations
$8.5M
leveraged
Additional capital mobilized
Impact Across the Portfolio
"For the first time, families in this neighborhood can actually afford to stay."
— Maria Santos, GreenBuild Housing Co-op
"The land trust model means our community will control this housing forever."
— James Chen, Riverside Community Land Trust
How to Contribute
1
Open an Angel Fund
Set up your donor-advised fund through Abundance Capital
2
Allocate Capital
Choose how much to contribute to the Affordable Housing Catalytic Fund
3
Track Impact
Receive quarterly reports on fund performance and community impact