Warren Wilson Student Entrepreneur pilot project
Jack Igelman is point person for student entrepreneur pipeline developmet and engagement.
The nature based student entrepreneurs’ startups will receive philanthropic investments, either patient capital zero interest loans like those given by the Watershed Fund or philanthropic equity paid back by revenue share similar to the Community Equity Fund. The donors will give through the grass roots CataCap philanthropic investment platform, receiving a standard tax deductions. CataCap is the low cost entry arm of the $3.5 billion Impact Assets donor advised fund (DAF) platform, which itself spun out of Calvert Foundation. Eagle Market Streets a non profit Community Development Corporation (CDC) provides underwriting and due diligence. Neighborhood Economics leads engagement.
Accounting Systems suggested by alternative currency experts who have been advising this project for quantifying the technical assistance Warren Wilson provides to nature based student entrepreneurs for which it could receive a portion of the management fee from the Watershed Fund
Links to this page
- Watershed Fund (← links)
- Warren Wilson (← links)