A new episode of Money + Meaning, SOCAP’s podcast, is now available!
The Capital Access Lab works to allow any entrepreneur to start or grow their business regardless of race, ethnicity, gender, or geography
Entrepreneurship is a leading driver of economic growth, job creation, and wealth building yet 83% of entrepreneurs do not have access to either bank lending or venture capital. To reduce this barrier to starting or growing a business, the Kauffman Foundation recently launched the Capital Access Lab. This new initiative is helping to support “capital entrepreneurs”, or funds developing new, innovative funding models, as well as other market infrastructure to reduce barriers to capital.
In this episode, Alex sits down with Philip Gaskin, Vice President of Entrepreneurship at the Kauffman Foundation and Agnes Dasewicz, Entrepreneur in Residence and Capital Access Lab Lead. They discuss the challenge entrepreneurs face raising capital, the Foundation’s effort to create systems-level change in entrepreneurial funding, and why this work is deeply personal for them both.
Learn more about the Capital Access Lab with this fact sheet
Read the Kauffman Foundation report, ‘Access to Capital for Entrepreneurs: Removing Barriers’
About Money + Meaning
Money + Meaning is the official podcast of SOCAP. This series aims to expand the conversation around impact investing and strategies to finance and support social change while stimulating innovative and valuable new partnerships across sectors.