Investments
Uptima Entrepreneur Cooperative
Uptima Entrepreneur Cooperative (Uptima) provides holistic and culturally relevant education, advising, and community to support diverse entrepreneurs in creating thriving businesses in service to their communities. Uptima is a partner of AmbitioUS grantee RUNWAY and an essential part of its economic intervention on behalf of Black entrepreneurs. Entrepreneurship is a pathway for self-sufficiency and intergenerational wealth creation. However, growing a business comes with many risks, challenges, and frustrations. Uptima is a recognized leader in guiding entrepreneurs of color in designing, building, and implementing businesses that reflect their values and communities. It is positioning itself for continued growth in its current locations (Oakland, Boston, and Chicago) as well as a national expansion in partnership with RUNWAY. AmbitioUS is providing $40,000 over two years as operating support to Uptima, through its fiscal sponsor Everyday People for Change Inc., d/b/a RUNWAY, as it pursues accreditation for its courses, enhancing both the credibility of its course work and the financial sustainability of the cooperative.
Category
Trailblazer
Website
Year
2023
Investment
Grant
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