Acumen Angels Awards: The Power of Early-Stage Catalytic Capital
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 Published On Feb 22, 2024

Acumen Angels awards early-stage capital to support social innovators within our alumni community as they launch and scale ventures that address issues of poverty around the world. The program supports entrepreneurs whose organizations are at the blueprint and early validation stage, providing the critical funding they need to develop ideas and refine their business models.

Following insights from Acumen’s 20+ years working alongside social builders from around the globe, Acumen Angels is meant to be capital bound by trust, based on the belief that moral character and business competence are key qualities of today’s entrepreneurs to tackle our most pressing social and environmental challenges.

Since launching in 2019, the Acumen Angels program has awarded $2.45M USD in capital to 51 early-stage entrepreneurs who have collectively impacted 16.8M lives. This group of Acumen Angels award recipients has since created 40,000+ indirect jobs, directly employed 1,293 people, and raised an additional $7M in follow-on capital to further their work.

Learn More: https://acumen.fyi/2023-acumen-angels...

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