What is Fund 17?
Fund 17 operates as a mission-driven organization dedicated to dismantling barriers for entrepreneurs in New Orleans. Through a combination of accessible capital, professional workspace, and targeted business services, the firm addresses the systemic inequities that often hinder local business owners. Their operational model is deeply rooted in community-informed programming, exemplified by initiatives such as the BenchMarks Incubator and the Be The Boss Accelerator. By serving over 800 entrepreneurs, Fund 17 has established a scalable framework that preserves the unique cultural fabric of the region while driving sustainable livelihoods and long-term economic stability.
How much funding has Fund 17 raised?
Fund 17 has raised a total of $14K across 1 funding round:
Debt
$14K
Debt (2021): $14K with participation from PPP
Key Investors in Fund 17
PPP
Public-Private Partnership
What's next for Fund 17?
With the recent capital injection, Fund 17 is well-positioned to scale its impact across the Greater New Orleans area. The organization is expected to leverage these resources to enhance its incubator programs and broaden the reach of its accelerator initiatives. As the firm moves through its current growth stage, the focus will likely shift toward deepening its impact on local business sustainability and refining its equitable access models. By continuing to provide essential business resources, Fund 17 aims to catalyze further economic justice, ensuring that local entrepreneurs have the necessary tools to thrive in an increasingly competitive market landscape.
See full Fund 17 company page