An initiative of the Center for Cultural Innovation

Investments

The Runway Project borrowers. (Pictured from left to right: Vicktor Stevenson, Ariana Marbley.) 2019. The Runway Project, Oakland. Photo by Ru'Lon Marbley.

RUNWAY

RUNWAY (formerly known as The Runway Project) is an Alabama-based non-profit that addresses the lack of financial resources that Black creative entrepreneurs face in trying to run successful small businesses. 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 Oakland and Boston through their Friends and Family Loan Product, the launch of their new integrated capital fund, and their current operations.

Category

Trailblazer

Website

https://www.runway.family/

Year

2020

Investment

Grant

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Investments