ECMC Foundation and Chloe Capital joined forces to provide funding to women entrepreneurs at the helm of early-stage ventures. Together, the two organizations hosted a national trilogy of #InvestinWomen programs comprised of pop-up accelerator and pitch competition events that spanned Los Angeles (October 2019), New Orleans (February 2020) and a virtual experience (May 2020), and collectively invested $1.25M in women-led ventures in education innovation and the future of work.
ECMC Foundation made a $1,000,000 investment in the Employment Technology Fund (ETF@JFFLabs) in January 2018. ETF@JFFLabs is a U.S.-focused impact fund committed to supporting social enterprises working to remove barriers to employment and enhancing opportunities for millions of underemployed adults in the U.S. labor market. Through ETF@JFFLabs, ECMC Foundation invests in social entrepreneurs and early-stage ventures that use promising market-based and tech-enabled solutions to help close the education and employment gap for low-income adults.
ECMC Foundation joined LearnLaunch Fund II as an LP investor in January of 2020. The Fund invests exclusively in LearnLaunch accelerator companies, some of the most promising education technology startups worldwide, and provides companies with the tools necessary to grow a successful edtech startup. ECMC’s investment is tailored to startups focused in postsecondary education and workforce development.
In February 2018, ECMC Foundation joined the Venn Foundation, a Minneapolis-based foundation that manages donor-advised accounts for funders interested in making, joining and syndicating program-related investments. Through its partnership with the Venn Foundation, ECMC Foundation has joined a syndicate of investors and has made program-related investments in TeachersConnect, Authess, EMERGE, and Golden Path Solutions.