Partner with community organizations to identify best use of funds
Local financial institutions offer affordable loans to small businesses and nonprofits that aren’t strong candidates for venture capitalists looking for quick profits, or traditional lenders who have credit standards that are often too rigid or cost-prohibitive. We work with local lenders, often Community Development Financial Institutions whose financial acumen, local knowledge and networks are critical to ensuring stable returns and social good. Ours To Own has developed strong coalitions, in our current cities and those launching soon, bringing together established business leaders and emerging entrepreneurs; philanthropic individuals and foundations; community organizers and advocates; nonprofit leaders and mayors’ offices; and many others focused on addressing shared community issues. All of these voices come together to help determine the greatest needs and opportunities for Ours To Own investors to make a difference.