Investment designed for impact-driven organizations.

Local Propel Impact funds invest in a wide range of impact-driven organizations including early-stage impact ventures, nonprofits and charities, SMEs, co-ops, and social enterprises. While local Propel Impact funds may have thematic preferences based on the most pressing issues in the region, the funds are theme-agnostic and have invested in organizations in education, climate, circular economy, arts and culture, sustainable oceans, employment-based social enterprise, and much more.

Propel Impact funds typically invest between $25,000 - $70,000 in impact-driven organizations. This investment can be in the form of equity (SAFEs, common shares, preferred shares), debt (term loans, impact-adjusted loans), and hybrid vehicles (convertible notes, revenue-based financing agreements). Local funds are not involved in grantmaking and while debt investments may be concessionary in-nature, they do not make zero-interest loans.

From the first conversation through to making an investment, Propel Impact funds strive for an 8-10 week investment process, with multiple checkpoints throughout the process

Take a look at our local fund pages to reach out!