What is Forward Cities?
Forward Cities operates as a national nonprofit organization dedicated to equipping communities and regions with the tools and strategies necessary to develop and sustain equitable entrepreneurial ecosystems. Through initiatives like the E3 Durham program, they provide invaluable, no-cost guidance to local entrepreneurs via a network of trusted community advisors. The organization actively collaborates with a wide array of partners to amplify its impact, focusing on dismantling barriers to entrepreneurship for both current and future generations. Their work is pivotal in cultivating inclusive economic landscapes.
How much funding has Forward Cities raised?
Forward Cities has raised a total of $496K across 2 funding rounds:
Debt
$150K
Debt
$346K
Debt (2020): $150K with participation from PPP
Debt (2021): $346K led by PPP
Key Investors in Forward Cities
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Forward Cities?
With a substantial late-stage funding context, Forward Cities is poised for significant expansion and deeper impact. The recent strategic investment signals strong confidence in their model for fostering entrepreneurial growth and equitable economic development. This backing will likely enable the organization to scale its successful programs to new regions, enhance its technological infrastructure for broader reach, and forge new strategic alliances. The focus will remain on empowering underserved communities and entrepreneurs, solidifying Forward Cities' position as a leader in building resilient and inclusive economies.
See full Forward Cities company page
