Hometeam Ventures is founded by two Y-Combinator entrepreneurs who started at ground zero and built a $50M revenue social enterprise, New Story Charity. Committed to bringing housing to the world’s most fragile citizens, New Story’s impact ranges from building over two dozen communities with 3,000 homes in Haiti, El Salvador, and Mexico; the launch of new innovative affordable housing solution in the US; a software platform being used by national and state governments; and the first 3-D printed housing community.
Commonwealth (Fund I) was established to create private equity growth returns in a fund that includes some of the highest social impact returns in the impact investing industry.
Read below to learn more about COhatch, Fund I’s leading opportunity.
COhatch is an innovative co-working concept that aims to become the new Town Hall for America. Opposite the big box model for co-working, COhatch builds a dozen or so small units in each community to restore historic properties (fire stations, libraries, churches), offer a mix of work and recreational space, and create intentional strategies to uplift the faith-based nonprofit community in the world.
Minority Entrepreneur Fund
A dime to a dollar. That’s the difference between African American net worth ($17,000) and white American net worth ($170,000). The Minority Entrepreneur Fund was established by Dallas Cowboys Pro Bowl linebacker Jaylon Smith to advance enterprise solutions to poverty.
Second Chance Venture Fund
Through a joint venture with Entre Capital, Commonwealth is building a $1 million revolving loan fund for former inmates who have built businesses through the Prison Entrepreneurship Program.
Israeli-Palestinian Shared Prosperity Fund
The West Bank is known around the world for conflict, violence, and un-cooperation among its Israeli and Palestinian inhabitants. However, the situation on the ground is much more promising. A growing number of Israelis and Palestinians living in the region are forming joint ventures, hiring integrated workforces, and pursuing shared prosperity.
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