|
|
Village Capital is a nonprofit that operates business accelerator programs for game-changing entrepreneurs worldwide. Village Capital also operates an affiliated investment fund that invests capital using a unique peer selection model where the entrepreneurs themselves choose who will receive catalytic funding in their cohort. Village Capital recruits entrepreneurs focused on innovation in a particular geographic area (e.g. Brazil, New Orleans, East Africa) or a specific sector (e.g. mobile, energy, education). A select group of approximately 15 entrepreneurs goes through a 12-week program focused on building their businesses. The curriculum covers: (1) customer discovery/development, (2) team-building, (3) product refinement, (4) financials, and (5) scaling and impact, and (6) exit strategy. At the end of the program, the entrepreneurs vote on the top ventures to receive Village Capital's pre-committed capital. In the past four years, Village Capital has worked with more than 1,100 entrepreneurs in 28 countries. Participants have raised $30 million, created over 9,000 jobs, and served 4 million customers.
|
