First-time fund managers face multiple barriers in launching a fund. These can be more acute for those from a Black and Minoritised background. Research shows that less than 1% of asset managers in the UK identify as Black. As a new impact investment wholesaler focused on racial equity, Pathway Fund wants to unlock that investment sooner. They want to increase the amount of capital managed by diverse-led organisations.
First-Time Fund Manager Incubator
The first-Time Fund Manager Incubator is now accepting an application. By bridging the funding gap, they want to advance the immense potential and talent within these groups through enterprise development, asset acquisition, and learning and influence.
Eligibility
They extend an open invitation to investors, philanthropists, and community leaders who share the vision of a more equitable future.
Join the program to build a stronger, more prosperous society that embraces diversity and uplifts those who have historically been underserved.
They are seeking three organisations to join the 18-month programme starting in Autumn 2023. With tailored support and grants, this bespoke training will enable Black and Minoritised-led fund managers to raise their first Investment fund.
How to Receive EU Funding for Your Innovation
Benefits
Pathway Fund’s ambition is to be a long-term partner to fund managers supporting Black and Ethnically-Minoritised communities. Through this pilot, they will explore the best ways of working and supporting these organisations, ultimately empowering the wider community.
Application Process
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