Camelback Ventures
Project Title
As a final general support grant
Date
Mar. 07, 2024
Duration
18 months
Description
Camelback Ventures, founded in 2014, addresses the barriers faced by underrepresented entrepreneurs, particularly those of color, to unleash their full potential. With a mission to increase access to opportunity, Camelback focuses on supporting education and social innovation entrepreneurs through its flagship Camelback Fellowship program. This program identifies, develops, and promotes underrepresented entrepreneurs, providing them with capital, coaching, community, and connections to foster the growth and sustainability of their ventures. Camelback’s primary aim is to narrow the racial and gender wealth gap and leverage proximate entrepreneurs to develop the programs and initiatives that can produce that outcome. Prior support from the Corporation provided Camelback with the opportunity to implement a new technology infrastructure to support hybrid learning. With continued support from the Corporation, Camelback Ventures aims to directly support thirty-six founders and their ventures. This funding will facilitate direct investments, coaching, and access to networks for BIPOC social impact leaders, fostering social and economic mobility for both program staff and participants.
Project Title
For general support
Date
Dec. 08, 2022
Duration
15 months
Description
Camelback Ventures (Camelback) leads programs that identify, develop, and promote early-stage entrepreneurs, working to distribute more investment dollars and cultivate the untapped talent of founders of color and women.By broadening the pool of people and ideas, Camelback seeks to create an innovation ecosystem that multiples our collective ability to improve the education system. Through this general support grant, Camelback will advance its work in two core areas: (1)Camelback Fellowship, an accelerator that identifies, develops and promotes entrepreneurs and their organizations and (2) Capital Collaborative: A cohort-based program to make funding fairer by increasing the amount invested with BIPOC led organizations so that they have the resources needed to realize their impact. To ensure continuous improvement with the organization, Camelback will also (1) improve their technology infrastructure support hybrid learning and (2) hire critical staff to advance long term sustainability efforts.
Project Title
For general support
Date
Jun. 03, 2021
Duration
18 months
Description
Camelback Ventures (Camelback) leads programs that identify, develop, and promote early-stage entrepreneurs, working to distribute more investment dollars and cultivate the untapped talent of founders of color and women. By broadening the pool of people and ideas, Camelback seeks to create an innovation ecosystem that multiples our collective ability to improve the education system. Through this general support grant, Camelback will expand the reach and develop and test new iterations of its core program, the Camelback Fellowship. They intend to (a) reach more Fellows through increased numbers of shorter duration Fellowship cycles with additional supports, (b) create online modules to facilitate and scale programming, and (c) create a search tool that helps aspiring entrepreneurs understand and find additional funding opportunities.
Project Title
For general support
Date
Sep. 12, 2019
Duration
18 months
Description
Entrepreneurs have developed creative solutions to long-standing challenges in a number of sectors, including, increasingly, in education. However, the racial wealth gap and racial and gendered barriers to success in entrepreneurship in America have often excluded people of color and women from fully contributing to this ecosystem. Camelback Ventures (Camelback) identifies, develops, and promotes social impact ventures led by untapped social entrepreneurs, particularly people of color and women. Their core programming is a six-month fellowship that supports the development of both the founder and venture, focused on education and economic mobility. Camelback provides coaching, capital, and connections by leading fellows through a curriculum to strengthen their core skills, while building a strong community to sustain the work over time. This grant is for general support.