What is Laces?
Laces operates on a unique model, partnering with communities to foster holistic healing for children. The organization emphasizes community involvement in developing future leaders, primarily through sports and mentorship programs. Coaches, who are integral members of the communities they serve, possess firsthand knowledge of local social issues, enabling them to engage with children both within and outside program hours. This deep community integration has led to tangible outcomes, including families fostering children, schools providing scholarships, and a strengthened platform to address critical social challenges like the Ebola crisis in Liberia.
How much funding has Laces raised?
Laces has raised a total of $18K across 1 funding round:
Debt
$18K
Debt (2021): $18K with participation from PPP
Key Investors in Laces
PPP
Public-Private Partnership
What's next for Laces?
Operating at a Series A/B growth stage, Laces is poised for significant expansion. The recent capital injection is expected to fuel strategic initiatives aimed at scaling its community-based mentorship and holistic healing programs. Future endeavors will likely focus on deepening community partnerships, enhancing program efficacy, and potentially replicating its successful model in new regions. The organization's commitment to addressing complex social issues through grassroots engagement positions it for sustained impact and further investment.
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