Partners
Partnering to Expand Access to Business Ownership.
New Majority Capital Foundation works with grantmakers and partners who share a commitment to expanding access to business ownership and strengthening pathways to entrepreneurship through acquisition (ETA).
Through philanthropic support, the Foundation funds acquisition education, transition planning, research, and ecosystem efforts that make ownership more accessible.
Our Focus
Grantmaker support enables the Foundation to fund and scale work across multiple points in the ownership lifecycle. Funding may support the following focus areas:
Education & Acquisition Readiness
Support for our bETA accelerator to prepare aspiring entrepreneurs to acquire and operate existing businesses.
Business Transition Planning
Funding for initiatives such as Succession Ready, which support business owners considering succession planning.
Capital-Adjacent & Wraparound Support
Support for initiatives aligned with Pre-Acquisition Loan funding and downpayment support, a Wellness Fund to make our bETA accelerator accessible, and other resources that reduce friction during acquisition and early ownership.
Research & Field-Building
Funding for relevant research and convenings that strengthen the ETA ecosystem to better serve underrepresented entrepreneurs.
How We Work With Grantmakers
The Foundation partners with grantmakers through a range of flexible funding structures, including:
- Multi-year program support
- Project- or geography-specific grants
- Research and other field-building partnerships
- General operating support
We value long-term, collaborative partnerships and work closely with innovative funders to create lasting impact towards our mission.
Current Grantmaking Partners
The Foundation is grateful for the support of philanthropic partners who help power this work, including:
FAQ
Reach out with your questions.
Yes, we are a 501(c)(3) organization headquartered in Massachusetts.
We seek multi-year funding to run our programs, with most grants having a minimum 3-year commitment. In lieu of multi-year funding, we welcome one-time unrestricted funding.
Yes, NMC Foundation conducts pilot programs in specific geographical areas. Please email beta@newmajoritycapital.com to discuss.
Yes, multiple organizations can fund a single cohort. Please email beta@newmajoritycapital.com to discuss next steps.
Succession Ready operates nationally and bETA has 10 target cities:
- Atlanta
- Baltimore
- Boston
- Chicago
- Houston
- Minneapolis
- New York
- Oakland
- Providence
- Washington DC
Yes, please email beta@newmajoritycapital.com to discuss.
Yes, please email beta@newmajoritycapital.com to discuss.
Yes, though all programmatic activity will occur within the United States.
NMC Foundation measures impact based on the realized increase in wealth as a result of acquisitions. Subsequently, we track and monitor:
- Entrepreneur net worth on Day 1
- Entrepreneur net worth over 5 years post acquisition
- Percent of cohorts that acquire within 12 months
- Cohort success across social factors such as incarceration, homelessness, and poverty.
NMC executes programming within 6 months of receiving funding. All programs occur between February and November.
Thank you, please email beta@newmajoritycapital.com to initiate this introduction.
