Expanding the flow of capital to Diverse Allocators and Entrepreneurs
Diversification is a core investment principle — yet less than 2% of early-stage funding goes to startups led by Black, Latinx, or Native American founders. It's time to change that.
As impact investors who want to end the many wealth gaps in global society, we see investing in diverse teams as a way to both enhance shareholder value and improve societal outcomes. We also believe the numerous studies which have shown that diverse management teams consistently produce greater shareholder value and profitability.
That’s why we value the diverse perspectives of our team at Candide Group, and that’s also why 89% of companies and funds we’ve supported have women and people of color in their leadership. Given the immense disparities in the present funding environment, we see tremendous opportunity to support innovative leaders who are too often overlooked.
Supporting underrepresented capital allocators seeking economic justice
by fueling the ingenuity of underrepresented allocators and fund managers.
Expanding the ecosystem of systems-change social ventures
by funding social ventures directly and directing funding towards allocators that finance social ventures.
Building new funding models for a more equitable economy
by flowing capital to funds and businesses that challenge extractive models and support equitable wealth distribution.
Diverse Allocators and Entrepreneurs Deal Spotlight — Carolina Small Business Development Corporation
Candide Group has supported more than 20 investments into Diverse Allocators and Entrepreneurs. To see all of our deals in this vertical or our full portfolio (updated quarterly), click below:
Carolina Small Business Development Fund (CSBDF) offers financial, policy, research, and technical assistance to small businesses throughout North Carolina.