“We are thrilled to join such an impressive group of like-minded social investors as part of GAN,” said Wellington Pak, President of FHI Ventures. “The network truly understands the needs and challenges that new social impact ventures face and will provide the inroads with potential partners that create opportunities to attract additional investment”, said Priyanka Rao, Principal of FHI Ventures.
FHI Ventures, a subsidiary of FHI 360, recently announced their first cohort class of five early-stage social impact companies and will be providing them with the support and funding they need to scale up their offerings.
The FHI Ventures accelerator will address the specific needs of each social enterprise through a customized training curriculum with a unique management approach that aims to measure the impact these companies make. FHI Ventures-supported companies will also have access to support from FHI 360’s world-class experts in health, education, and economic development, as well as its global platform in more than 60 countries, which will facilitate market testing and distribution.
FHI Ventures recently announced their inaugural cohort and arranged for the companies to meet with the experts and mentors who will be assisting with their market positioning and acceleration. The Spring class will prepare for a “pitch day” to investors in Durham, North Carolina this Fall before the next cohort of companies joins the 6-month FHI Ventures program.
About FHI Ventures
FHI Ventures is a social enterprise accelerator supporting early stage businesses with the potential for high impact and a commitment to delivering social and financial returns. FHI Ventures works exclusively with early stage social enterprises that have launched a new product or service designed for social good, but are not yet earning significant revenue. By providing businesses with capital support, customized training, and access to expertise and new markets, we position them to show viable financial returns that attract additional investment. FHI Ventures is a subsidiary of FHI 360, a nonprofit human development organization dedicated to improving lives in lasting ways by advancing integrated, locally driven solutions. Learn more at www.fhiventures.com