Pipeline Investing was founded just a year ago with a strong purpose: to find women who would normally invest money philanthropically and train them to invest in women led for-profit social ventures. (Note: The website is still under construction, so if the link doesn't work, do a search for "Pipeline Investment Fund" or "Pipeline Fellowship".)
Now, with $50,000 in its coffers, it is beginning to hear pitches from women owned businesses.
Natalia Oberti Noguera is the Founder and CEO of this new Angel investment group. She comes with strong credentials, and equally strong contacts. Each woman who commits to "angel boot camp" also commits to investing $5,000 in the investment pool. Ten women are now part of that group.
“It’s very hard for for-profit social ventures to get funding,” says Oberti Noguera, who also founded the New York City chapter of Young Women Social Entrepreneurs. “Traditional investors hear the words ‘social and environmental responsibility’ and get scared. Traditional philanthropists hear the word ‘for-profit’ and get scared.”
The first pitch summit has already been held, with plans for others in Los Angeles and San Francisco later this year. There is bound to be a lot of competition to earn a spot in the presentation lineup, but should your company qualify to present, it will be a huge feather in your cap! You will of course be expected to have a business plan and a formal presentation ready, so start getting ready now.
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