I get to see a lot of nonprofits in my work. Camelback Ventures is one of the few I have chosen to actively work with, and I have not been disappointed in that choice. The organization lives and breathes its values both internally and externally. They aren't perfect but they are an incredible example of an org that is willing to actually engage with the complexity and tensions involved in the work of anti-racism. They know there are no 'silver bullet' solutions. Their work supporting Black and Brown founders bettering society is not performative--they genuinely care about their fellows and are there for them through thick and thin. If you're interested in giving to a Black-led org, serving leaders and communities of color then, as someone who has seen behind the curtain, I have no hesitations recommending Camelback Ventures to you!
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- EIN 46-3169470
- 9169 W State St 430 Garden City ID 83714-1733 USA
- www.camelbackventures.org
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Nonprofit Overview
Causes: Microfinance, Small Business Development
Mission: Camelback ventures vision is to create livable communities, quality education, and economic opportunity for everyone in one generation.
Programs: Since 2014, the organization has focused on its phase i portfolio: quality education, viewing education as an initial catalyst for positive social change. To do this, the organization leads a 6-month fellowship program that accelerates the venture and leadership development of historically untapped entrepreneurs leading education-related ventures. Thus far, its has supported 36 education-related entrepreneurs 92% identified as people of color and 63% as women. Collectively, they have gone on to raise $14 million in new funding, while being accepted into notable opportunities including: 500 startups, big accelerator, echoing green, draper richards kaplan, and forbes 30 under 30 (the organizations alumni hold four of 2018s list), among others. The 2016 cohort has collectively more than doubled their permanent employees and expected revenue. They have been able to do this in part through the support of the organizations fellowship program, which mitigates startup risk through dedicated coaching, connections, and early-stage capital, as well as focused work on five core competencies.
the development and ongoing improvement of this foundational curriculum has poised camelback to advance to phase ii portfolio: livable communities - namely, the good jobs initiative. Camelback has been called to action for this by unacceptable statistics such as childhood poverty returning to pre-katrina levels, despite the wave of education innovation. While education is a critical ingredient, more is required. The good jobs initiative will support local entrepreneurs with transformative ventures that will create equitable economic opportunity and wealth capacity.
finally, camelback recognizes that genius is equally distributed, but access is not. Ecosystem seeks to ensure that untapped communities -- especially communities of color -- do not just consume the future, but that camelback invests in the untapped entrepreneurs who are creating it. To create this vision, ecosystem is a project powered by camelback ventures to build the community of people that can bring together their time, talent and treasure to invest in each other.