What is GMP Labs?
GMP Labs, headquartered in Chicago's East Garfield Park, is a unique non-profit organization dedicated to providing disadvantaged youth with a pathway to skilled employment. Through its four-year Master Homebuilder Apprenticeship program, apprentices gain hands-on experience constructing affordable single-family homes within their own communities. The organization further supports aspiring tradespeople with a 90-day pre-apprenticeship and a 6-month apprenticeship, fostering comprehensive skill development and community impact. Their model integrates workforce development with tangible contributions to affordable housing.
How much funding has GMP Labs raised?
GMP Labs has raised a total of $61K across 1 funding round:
Debt
$61K
Debt (2021): $61K with participation from PPP
What's next for GMP Labs?
With substantial expansion capital secured, GMP Labs is strategically positioned to scale its impactful apprenticeship program. The significant Series B/C stage funding suggests a focus on expanding operational reach, potentially increasing the number of apprenticeships offered, enhancing training facilities, or broadening community partnerships. This investment will likely fuel GMP Labs' capacity to address both youth unemployment and the critical need for affordable housing in Chicago and potentially beyond, solidifying its role as a vital community development entity.
See full GMP Labs company page
