What is NEWCAP?
NEWCAP Inc. is a long-standing organization with over 50 years of experience dedicated to empowering individuals to overcome poverty and achieve economic security. The company provides a comprehensive suite of services, including crisis assistance, stability programs, and community health services, all aimed at fostering hope, inclusion, and social justice. Their work directly supports diverse communities, offering tailored resources to those in need and striving for a world where poverty is eradicated and every individual can live with dignity.
How much funding has NEWCAP raised?
NEWCAP has raised a total of $1.2M across 2 funding rounds:
Debt
$350K
Debt
$827K
Debt (2020): $350K with participation from PPP
Debt (2021): $827K led by PPP
What's next for NEWCAP?
The recent major strategic investment signals a pivotal moment for NEWCAP, likely enabling an expansion of its crisis assistance and stability programs. This capital infusion is expected to bolster community health services and further the organization's vision of social justice and economic empowerment. With this substantial backing, NEWCAP is poised to deepen its impact and reach more individuals and families seeking a pathway out of poverty.
See full NEWCAP company page