Multiple Milestones As New Majority Capital Boosts Entrepreneurship Through Acquisition

Since NMC introduced its pilot program earlier this year, the impact investing firm has reached multiple milestones in its efforts to boost entrepreneurship through acquisition among people of color.

...For one thing, earlier in September, it launched its first national cohort. Plus, members of the initial program executed five deals, with more expected over the next month. And it’s made headway in raising its $50 million fund to finance acquisitions made by under-represented entrepreneurs....

Article here: 
https://www.forbes.com/sites/annefield/2023/09/26/multiple-milestones-as-new-majority-capital-boosts-entrepreneurship-through-acquisition/