Propelling businesses to the next level of growth.

To help overcome the lack of access to capital challenge, the Accelerator this year launched its own MBA Fund I, LLC, a planned $100 million fund to provide equity investments in minority business enterprises. The fund will provide access to growth equity capital for strategic investments, serving businesses in the Accelerator’s own portfolio in the Cincinnati region and others, nationally.  Up to 25% of the Fund’s committed capital will be available for businesses in 10 or more partnering cities. 

The Fund will also assist earlier-stage minority businesses and entrepreneurs of color requiring follow-on investment capital (post seed-stage capital) yet unable to secure capital from institutional venture capital firms. The Fund will supplement but not replace existing sources of equity investments routinely cultivated by the Accelerator for its portfolio companies, which exceeded $100 million in new credit commitments.

Primary Investment Targets

The MBA Fund I addresses the well-documented gaps and shortfalls in the availability and access to equity and growth capital for Black and Hispanic entrepreneurs for scalable business ventures. The Fund provides support through equity investment, flexible debt financing and revenue based royalty financing.

The MBA Fund I is open to any high potential MBE firms seeking growth equity capital for expansion as well as early-stage companies within the regions. The Fund is eligible to support MBE Firms acquiring majority firms for growth and expansions.