What is Ica?
ICA is a 501(c)3 organization dedicated to closing the racial and gender wealth gaps by mentoring and investing in great businesses. The organization focuses on supporting growth-stage small businesses in the Bay Area that are led by people of color and women. ICA provides essential capital, expert coaching, and strategic connections to help these businesses increase their value, create quality jobs, and foster wealth generation within their communities. Their vision is to cultivate an economy that is equitable and accessible to all.
How much funding has Ica raised?
Ica has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Ica
PPP
Public-Private Partnership
What's next for Ica?
With the recent influx of capital from a major strategic investment, Ica is poised to further accelerate its mission. This large-scale, late-stage funding suggests a focus on scaling operations, expanding its reach within the Bay Area, and potentially enhancing its mentorship and investment programs. The strategic nature of this financing indicates a strong alignment with investors who share Ica's commitment to economic equity and supporting underrepresented entrepreneurs. Future growth will likely involve deepening its impact on job creation and wealth building for the businesses it supports.
See full Ica company page
