We are focused on closing the racial wealth gap by providing resources and capital to under-represented entrepreneurs to acquire existing small businesses. We plan to initially support at least 30 under-represented entrepreneurs over a 5 year period.
Our commitment is to "Prosperity (Employment and Wealth Generation" and People (Dignity and Equality), aligned with SDG 10. At New Majority Capital, we are focused on closing the racial and gender wealth gap by providing resources and capital to BIPOC and Women entrepreneurs to enable them to own small business "assets" as a way to generate inter-generational wealth. We then focus on making these entrepreneurs LPs in a pay it forward evergreen fund.
We plan to initially support at least 30 under-represented entrepreneurs become small business owners over a 5 year period.