What is Fund 17?
Fund 17 is an organization dedicated to fostering economic justice and expanding opportunities for under-resourced entrepreneurs within the Greater New Orleans region. By providing accessible business services, capital, and workspace, the company champions community-informed programs that prioritize local entrepreneurs and aim to preserve the unique culture of New Orleans. With a clear vision for equitable access to business resources, Fund 17 supports aspiring entrepreneurs irrespective of their background. Their impactful initiatives, including the BenchMarks Incubator and Be The Boss Accelerator, have collectively served over 800 entrepreneurs, cultivating sustainable livelihoods and driving local economic development.
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?
Operating at a Series A/B growth stage, Fund 17's recent capital injection is strategically positioned to fuel its ongoing mission of empowering under-resourced entrepreneurs. The company's focus on community-informed programs and equitable access to resources suggests a continued emphasis on scaling its impact within New Orleans. Future investments are likely to be directed towards enhancing its business services, expanding its capital offerings, and potentially broadening its workspace solutions to accommodate a growing cohort of entrepreneurs. This strategic financing will enable Fund 17 to deepen its commitment to economic justice and solidify its role as a vital catalyst for sustainable livelihoods and cultural preservation in the region.
See full Fund 17 company page
