What is ReSOURCE?
ReSOURCE operates as a multifaceted nonprofit community enterprise headquartered in Vermont, dedicated to fostering individual empowerment and community resilience. The organization's core mission is realized through a dual approach: promoting sustainable consumption via its retail operations and delivering impactful training programs. Its services encompass the sale of refurbished computers and essential goods, alongside expert appliance repair. Crucially, ReSOURCE provides comprehensive training in high-demand fields such as construction, HVAC, and weatherization. These programs are specifically designed to benefit under-skilled individuals, the long-term unemployed, and high school students through initiatives like the Career Start program, equipping participants with career-boosting skills and opening new avenues for employment and personal growth. Since its founding in 1991, ReSOURCE has a proven track record, having successfully trained over 4,500 individuals.
How much funding has ReSOURCE raised?
ReSOURCE has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in ReSOURCE
PPP
Public-Private Partnership
What's next for ReSOURCE?
The recent strategic investment signifies ReSOURCE's transition into a more mature operational phase, likely focused on scaling its impactful training programs and expanding its community reach. With a history of successfully rehabilitating individuals into the workforce and a robust model for sustainable enterprise, this capital infusion is poised to enhance its capacity to serve more under-skilled and unemployed populations. Future initiatives may involve broadening the scope of vocational training offered, increasing the availability of essential goods and services, and potentially forging new partnerships to amplify its social and economic impact within Vermont and beyond. The company's commitment to sustainable practices and workforce development positions it for continued growth and influence.
See full ReSOURCE company page
