There are 5 vehicles for direct support of social equity entrepreneurs 

Direct Equity Investment

Do you want to directly invest in a team, help grow that team through capital infusion and possibly your expertise? Invest in our Bud Founder Cohorts and get to know the teams most directly associated with weed-like-growth companies. See up close the THC-cannabis plant-touching licensees, scalable industry problem-solvers and founders creating hemp products to change how humans relate to the environment.

This is our most exciting and direct-access form of investment where YOU provide the cohort the opportunity to supplement their professional development, business acumen, knowledge of the regulatory environment, and prove their business concepts and product ideas through business acceleration. YOU are among the first to instill the confidence in budding entrepreneurs who will make it in this space. And YOU are in an exclusive first-look group to watch the magic unfold over a 16-week period by having a an seat at the pitch table at the program’s conclusion, where you can choose from 10 companies in which to further invest.

Social Impact Investing

Are you committed to providing an opportunity to education, network access and creating the pathway to business ownership that can ultimately close the wealth gap and transform communities? Did you know the overwhelming majority, over 90% of small businesses in minority communities, are viable and profitable ventures? Those proprietors will not be looking towards a liquid event to build wealth, rather they plan to operate their well-run businesses into the foreseeable future.

They are looking for a jump-start. That’s where Social Impact Investing comes in. As a Social Impact Investor you will underwrite up to 90% of the cost of the accelerator experience for entrepreneur founders. This will ultimately be returned at a 1% interest rate to cover the cost of administration under very favorable terms to the entrepreneur. We prepare the founding entrepreneur with all the knowledge, skills, experience required to operate their businesses and at the program conclusion to navigate and obtain micro-loans from partnering CDFI organizations committed to economic development and small business ownership.

Sponsorship

Would your company benefit from supporting new business development by social equity entrepreneurs? Given your mission or your history, is working to promote equity and inclusion in the burgeoning cannabis industry aligned to your core values? Then sponsoring entrepreneurs at GROmentum Lab is the right way to invest in our broader community. Ask about the many different sponsorship program opportunities and customize a program that meets the needs of your company.

Charitable Donation

Our sister, GROmentum Lab EDU is a non-for-profit entity dedicated to providing all the support in educational workshops, helping new founding entrepreneurs navigate the industry, the commercial license application process and more. We are dedicated to building a network of well-versed entrepreneurs-to-be and it all starts with education! We continuously hold workshops, seminars, and online events to broaden the knowledge base in the community we serve and improve our core accelerator business program. Making a charitable donation directly impacts our ability to stay current with ever-evolving regulations and provide the most innovative approach to entrepreneurial development in the cannabis and hemp space that exists. If you are interested in making a charitable donation, you will be directed to the GROmentum Lab EDU website and get further instruction on how to make your gift. THANK YOU.

In-Kind Contribution

Do you (or your company) have access to equipment or a service that would support GROmentum Lab carrying out its mission to help social equity entrepreneurs launch their businesses? Are you mission-aligned with GROmentum Lab and have determined you can contribute in a meaningful way to this movement? Please tell us how you want to participate, and we will be in touch!

*GROmentum Lab LLC delivers all accelerator programs and seeds entrepreneurs who qualify for the Bud accelerator program. It works in conjunction with its sister-organization, GROmentum Lab EDU, a non-for-profit organization dedicated to building program content, building and operating the state-of-the-art teaching facility to build on plant-touching best practices, and operating ongoing educational programs for the broader community. When you are contributing a charitable donation, you are supporting GROmentum Lab EDU.