PITCH Your Idea
For-profit and nonprofit companies are invited to submit proposals for the inaugural Commonwealth Triangle pitch competition. Commonwealth is a place-based impact investing platform which seeks market-based solutions to the Triangle region’s most pressing social challenges.
Winning organizations will receive investments to accelerate their initiatives. However, the competition is not a destination but rather a gateway. Applicants may also have the opportunity to join the Triangle Marketplace—an ongoing community of donors, advisors, and organizations committed to incubating good enterprises which improve society.
Commonwealth connects impact investors with entrepreneurs whose innovative organizations are fueling the renewal of the Triangle by addressing the area's most pressing social challenges.
To enter your organization's application for the Triangle Commonwealth Pitch Competition, click the button below and complete the initial application by January 26, 2020.
Awards & Benefits
The winner(s) will receive portions of a $150,000 investment pool of debt or equity impact investments. Finalists will also gain access to a supportive network of Triangle area impact investors.
2020 Competition Application Live!
In partnership with the National Christian Foundation of the Carolinas, Commonwealth is calling for applications from companies which produce social or spiritual impact along with financial returns. Four broad criteria guide the selection process:
- Well-defined, excellent business plan
- Qualified management team
- Able to recycle capital (e.g. repay investment)
- Social, spiritual, and/or environmental impact
Express your interest by 1/26/20!
In the 1950’s, North Carolina’s economy was ranked 49thout of 50 states and too dependent on tobacco, textiles, and furniture. Then a partnership was formed by Duke, UNC, and NC State to turn a pine forest that separated them into the Research Triangle that would leverage their ideas and talent.
Today, salaries in the Park are nearly 50% higher than state and national averages. The region has also lifted North Carolina’s economy notably through its acceleration of an $83B life sciences sector.
Hidden in the shadows of this great success are too many unskilled and underemployed Triangle neighbors who lack affordable housing and economic opportunity. Commonwealth Triangle is building impact investing deals to bring more economic opportunity to all Raleigh-Durham citizens.
Samaritan’s Feet serves and inspires hope in children by providing shoes as the foundation to a spiritual and healthy life resulting in the advancement of education and economic opportunities.
Project Access, a service program of the Howard County Medical Society and United Way agency, is a volunteer physician, dental and healthcare provider that delivers comprehensive medical care to qualified, uninsured residents of Howard County, Indiana at little or no cost to the patient.
Public Good Index
We would be happy to give you more information about our marketplace and competitions. Just click here to email Program Manager, Jacob Baldwin. He will be be in touch quickly!