New Impact Fund

The New Impact Fund (NIF) is a nonprofit organization that activates high-net-worth individuals and families to leverage and amplify the impacts of their financial and social capital by investing directly in underinvested and underestimated Black businesses in the Twin Cities. Our vision is to build a world in which financial, social, and cultural systems honor BIPOC business owners and all business owners with equitable chances to succeed and the autonomy to do so on their own terms. Our mission is to connect BIPOC entrepreneurs in Twin Cities, Minnesota neighborhoods with the financial and social capital they need to grow and sustain their businesses by activating untapped individual wealth, ultimately working to eliminate the racial wealth gap in our local ecosystem. For the next few years, NIF will focus specifically on Black entrepreneurs.