Investments
RUNWAY
RUNWAY (formerly known as The Runway Project) is a non-profit organization that addresses the lack of financial resources that Black creative entrepreneurs face in trying to run successful small businesses in Oakland, CA and Boston, MA. It is launching a new effort in Chicago in the coming year. RUNWAY’s vision is to advance resiliency for Black businesses and the communities they serve by building emergent financial practices and infrastructure that close the racial wealth gap. AmbitioUS is providing RUNWAY one-year general operating support grant towards ongoing efforts to build financial opportunities for Black business owners and investors in Boston, Chicago, and Oakland through their Friends and Family Loan Product, the launch of their new integrated capital fund, and their current operations.
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