Kauffman Foundation announces first five funds for its “Capital Access Lab” initiative
The Kauffman Foundation has announced the first five funds secured as part of its “Capital Access Lab,” an initiative that provides early capital to emerging funds that make investments to underserved entrepreneurs, particularly those of color, women, and those in rural areas. The funds have collectively invested $3 million, catalyzing at least an additional $5 million in investments. You can learn more about the initiative here.
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