Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Capital on the Frontier Best Practices Geographies
Slack Conference Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

Louisville’s Access Ventures debuts $15 million Render Capital fund for local entrepreneurs



ImpactAlpha, Feb. 11 – Render Capital, a new new fund from Louisville impact investing firm Access Ventures, will provide early stage equity, debt and revenue-based financing of up to $250,000 to entrepreneurs in Louisville and southern Indiana.

An annual Render Competition will award up to $100,000 each to eight startups working in advanced manufacturing, health innovation, food and beverage and other areas.

“Entrepreneurship is foundational to economic mobility in the US and greater availability of capital means that more entrepreneurs are able to start and grow their businesses,” says Access Ventures’ Bryce Butler (see, “Quarterbacking capital into Louisville’s neighborhood economies). 

  • Capital gap. More than half of Americans cite access to funding as the biggest barrier to starting a business; 83% of entrepreneurs start and grow their companies without venture capital or bank financing. Flexible, patient capital that reaches beyond the coasts is a key pillar of “America’s New Business Plan,” a four-part plan from the Kauffman Foundation to revive entrepreneurship in the U.S., where new business starts have stagnated.
  • New Revivalists. Mortar in Cincinnati, Propeller in New Orleans, Runway Project in Oakland, Ben Franklin Tech Partners in Philadelphia and Village Capital in cities across the U.S. all support local entrepreneurs with flexible funding (see, “New Revivalists are using these six strategies to revive entrepreneurship and the American Dream).

You might also like...