What is PRISM Economic Development?
PRISM Economic Development Corporation is a multifaceted organization committed to disrupting poverty and promoting human flourishing, with a particular focus on the Sherman Park community. The company operates several key initiatives designed to empower individuals and communities economically. These include Upstart Kitchen, a commercial kitchen providing essential infrastructure for culinary entrepreneurs; Cultivate You, an innovative program engaging youth in hydroponic farming to develop skills and promote sustainable agriculture; and the Medical Meals program, which addresses food insecurity by delivering vital meals to those in need. Their comprehensive approach aims to create pathways to economic growth and self-sufficiency.
How much funding has PRISM Economic Development raised?
PRISM Economic Development has raised a total of $26K across 1 funding round:
Debt
$26K
Debt (2021): $26K with participation from PPP
Key Investors in PRISM Economic Development
PPP
Public-Private Partnership
What's next for PRISM Economic Development?
With the recent influx of substantial expansion capital, PRISM Economic Development is poised for a significant scaling of its operations. This strategic financing, indicative of a Series B/C stage, will likely be directed towards broadening the reach of its core programs, potentially expanding into new geographic areas or enhancing the capacity of existing initiatives like Upstart Kitchen and Cultivate You. The organization's focus on tangible community impact and poverty disruption suggests that future investments will prioritize sustainable growth and measurable outcomes in human flourishing and economic self-sufficiency.
See full PRISM Economic Development company page
