What is ReSOURCE?
Founded in 1991, ReSOURCE operates as a multifaceted nonprofit focused on community development and workforce training. The organization provides essential services such as computer sales and appliance repair, alongside vital goods programs. A core component of its mission involves offering hands-on training in fields like 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 Career Start, equipping over 4,500 individuals with career-boosting skills since its inception.
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?
With the recent strategic investment and substantial total funding, ReSOURCE is well-positioned for continued growth and expanded impact. The large-scale, late-stage funding context suggests a focus on scaling its successful training models and potentially broadening its service offerings or geographic reach. This capital infusion will likely enable ReSOURCE to further enhance its community enterprise operations, deepen its training program efficacy, and solidify its role as a key driver of economic opportunity and community resilience in Vermont.
See full ReSOURCE company page
