San Francisco Entrepreneurs of Color Fund: Creating a Continuum of Capital and Consulting
The Aspen Institute
First published October 2020
Structural inequities—both historical and current—have created barriers for entrepreneurs of color to build wealth and grow their businesses. The San Francisco Entrepreneurs of Color Fund (SFEOCF) seeks to address these inequities by creating a more accessible and seamless continuum of capital and services for entrepreneurs of color in San Francisco. SFEOCF, funded by JPMorgan Chase & Co., is a collaborative effort among three community development financial institutions: Working Solutions, Pacific Community Ventures, and ICA. The Aspen Institute’s Business Ownership Initiative is partnering with the collaborative members to conduct an evaluation of the Fund. Its midpoint report documents the experiences, lessons, and outcomes from the collaborative, and offers insights for other organizations to consider in their approach to this work.