{"id":1425,"date":"2022-12-27T18:29:15","date_gmt":"2022-12-27T18:29:15","guid":{"rendered":"https:\/\/citybridge.org\/?page_id=1425"},"modified":"2023-06-20T09:46:38","modified_gmt":"2023-06-20T13:46:38","slug":"launch-fund-ventures","status":"publish","type":"page","link":"https:\/\/citybridge.org\/programs\/ventures\/launch-fund-ventures\/","title":{"rendered":"Launch Fund: Ventures"},"content":{"rendered":"<div class=\"page-hero offset\" style=\"background-image:url(https:\/\/citybridge.org\/wp-content\/uploads\/2022\/12\/CBE_HOME_LaunchedSchoolsVentures-1024x1024.jpg);\">\n  <div class=\"page-hero--inner container\">\n    <div class=\"page-hero--content animated\" data-anim-y=\"10\">\n      \n\n<h1 class=\"wp-block-heading\">Launch Fund: Ventures.<\/h1>\n\n    <\/div>\n  <\/div>\n\n    <div class=\"page-hero--offset-image\">\n    <div class=\"animated\" data-anim-x=\"-10\" data-anim-delay=\"0.3\">\n      <img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/citybridge.org\/wp-content\/uploads\/2022\/12\/CBE_HOME_LaunchedSchoolsVentures-300x300.jpg\" class=\"attachment-medium size-medium\" alt=\"\" srcset=\"https:\/\/citybridge.org\/wp-content\/uploads\/2022\/12\/CBE_HOME_LaunchedSchoolsVentures-300x300.jpg 300w, https:\/\/citybridge.org\/wp-content\/uploads\/2022\/12\/CBE_HOME_LaunchedSchoolsVentures-1024x1024.jpg 1024w, https:\/\/citybridge.org\/wp-content\/uploads\/2022\/12\/CBE_HOME_LaunchedSchoolsVentures-150x150.jpg 150w, https:\/\/citybridge.org\/wp-content\/uploads\/2022\/12\/CBE_HOME_LaunchedSchoolsVentures-768x768.jpg 768w, https:\/\/citybridge.org\/wp-content\/uploads\/2022\/12\/CBE_HOME_LaunchedSchoolsVentures-1536x1536.jpg 1536w, https:\/\/citybridge.org\/wp-content\/uploads\/2022\/12\/CBE_HOME_LaunchedSchoolsVentures-2048x2048.jpg 2048w, https:\/\/citybridge.org\/wp-content\/uploads\/2022\/12\/CBE_HOME_LaunchedSchoolsVentures-590x590.jpg 590w, https:\/\/citybridge.org\/wp-content\/uploads\/2022\/12\/CBE_HOME_LaunchedSchoolsVentures-335x335.jpg 335w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>    <\/div>\n  <\/div>\n  \n<\/div>\n\n\n<div class=\"wp-block-kadence-rowlayout alignnone\"><div id=\"kt-layout-id_97a16f-4e\" class=\"kt-row-layout-inner kt-layout-id_97a16f-4e\"><div class=\"kt-row-column-wrap kt-has-2-columns kt-gutter-default kt-v-gutter-default kt-row-valign-top kt-row-layout-equal kt-tab-layout-inherit kt-m-colapse-left-to-right kt-mobile-layout-row kb-theme-content-width\">\n<div class=\"wp-block-kadence-column inner-column-1 kadence-column_6d84fa-72\"><div class=\"kt-inside-inner-col\">\n<p class=\"has-medium-teal-color has-text-color\">The CityBridge Launch Fund supports businesses that are poised to grow and scale in the city, contributing to an equitable and excellent public education ecosystem.<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-kadence-column inner-column-2 kadence-column_87f2ec-46\"><div class=\"kt-inside-inner-col\"><\/div><\/div>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-kadence-rowlayout alignnone\"><div id=\"kt-layout-id_4edc14-f9\" class=\"kt-row-layout-inner kt-layout-id_4edc14-f9\"><div class=\"kt-row-column-wrap kt-has-2-columns kt-gutter-default kt-v-gutter-default kt-row-valign-top kt-row-layout-left-golden kt-tab-layout-inherit kt-m-colapse-left-to-right kt-mobile-layout-row kb-theme-content-width\">\n<div class=\"wp-block-kadence-column inner-column-1 kadence-column_f9668c-3e\"><div class=\"kt-inside-inner-col\">\n<h3 class=\"has-medium-teal-color has-text-color wp-block-heading\">Launch Fund<\/h3>\n\n\n\n<p>The CityBridge Launch Fund provides seed funding for early-stage education entrepreneurs ready to take on the complex process of navigating their venture\u2019s go-to-market journey. Through the Launch Fund, we aim to fund and advise equity-minded ventures that advance our vision of Washington, DC, as a national proofpoint for educational equity and excellence.<\/p>\n\n\n\n<p>During this 15-month venture philanthropy investment fund, selected entrepreneurs receive the curriculum, coaching, connections, and capital to launch into the DC education market.<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-kadence-column inner-column-2 kadence-column_e28af3-45\"><div class=\"kt-inside-inner-col\"><\/div><\/div>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-kadence-rowlayout alignnone\"><div id=\"kt-layout-id_a41e0e-88\" class=\"kt-row-layout-inner kt-layout-id_a41e0e-88\"><div class=\"kt-row-column-wrap kt-has-2-columns kt-gutter-default kt-v-gutter-default kt-row-valign-top kt-row-layout-equal kt-tab-layout-inherit kt-m-colapse-left-to-right kt-mobile-layout-row kb-theme-content-width\">\n<div class=\"wp-block-kadence-column inner-column-1 kadence-column_000ebc-aa\"><div class=\"kt-inside-inner-col\">\n<div class=\"icon-block animated-group\">\n\n  <div class=\"icon-block--icon animated-entry teal\">\n      <span class=\"icon-entry fas star\" aria-label=\"hidden\"><\/span>\n  <\/div>\n\n  <div class=\"icon-block--content\">\n\n    <p class=\"icon-block-header animated-entry\">\n      Curriculum    <\/p>\n\n    <p class=\"icon-block-copy animated-entry\">\n      Launch Fund entrepreneurs have access to a bench of seasoned experts and receive consulting support around product and business development, market analysis and insights, fundraising and venture capital, and revenue and financial modeling for viability.    <\/p>\n\n    \n  <\/div>\n\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-kadence-column inner-column-2 kadence-column_582a40-55\"><div class=\"kt-inside-inner-col\">\n<div class=\"icon-block animated-group\">\n\n  <div class=\"icon-block--icon animated-entry orange\">\n      <span class=\"icon-entry fas star\" aria-label=\"hidden\"><\/span>\n  <\/div>\n\n  <div class=\"icon-block--content\">\n\n    <p class=\"icon-block-header animated-entry\">\n      COACHING    <\/p>\n\n    <p class=\"icon-block-copy animated-entry\">\n      During the 15-month investment period, Launch Fund entrepreneurs receive ongoing check-in support and problem solving around personalized grant milestones.    <\/p>\n\n    \n  <\/div>\n\n<\/div><\/div><\/div>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-kadence-rowlayout alignnone\"><div id=\"kt-layout-id_9c5a03-07\" class=\"kt-row-layout-inner kt-layout-id_9c5a03-07\"><div class=\"kt-row-column-wrap kt-has-2-columns kt-gutter-default kt-v-gutter-default kt-row-valign-top kt-row-layout-equal kt-tab-layout-inherit kt-m-colapse-left-to-right kt-mobile-layout-row kb-theme-content-width\">\n<div class=\"wp-block-kadence-column inner-column-1 kadence-column_109217-1f\"><div class=\"kt-inside-inner-col\">\n<div class=\"icon-block animated-group\">\n\n  <div class=\"icon-block--icon animated-entry violet\">\n      <span class=\"icon-entry fas star\" aria-label=\"hidden\"><\/span>\n  <\/div>\n\n  <div class=\"icon-block--content\">\n\n    <p class=\"icon-block-header animated-entry\">\n      Connections    <\/p>\n\n    <p class=\"icon-block-copy animated-entry\">\n      CityBridge provides personalized, brokered introductions to members of the CityBridge alumni network of over 500+ education leaders in the region. Launch Fund entrepreneurs also have access to our seasoned venture advisors for strategic advice and pitching.    <\/p>\n\n    \n  <\/div>\n\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-kadence-column inner-column-2 kadence-column_7576b5-63\"><div class=\"kt-inside-inner-col\">\n<div class=\"icon-block animated-group\">\n\n  <div class=\"icon-block--icon animated-entry yellow\">\n      <span class=\"icon-entry fas star\" aria-label=\"hidden\"><\/span>\n  <\/div>\n\n  <div class=\"icon-block--content\">\n\n    <p class=\"icon-block-header animated-entry\">\n      Capital    <\/p>\n\n    <p class=\"icon-block-copy animated-entry\">\n      Launch Fund entrepreneurs receive a $40,000 unrestricted grant.    <\/p>\n\n    \n  <\/div>\n\n<\/div><\/div><\/div>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-kadence-rowlayout alignnone\"><div id=\"kt-layout-id_d965a3-ba\" class=\"kt-row-layout-inner kt-layout-id_d965a3-ba\"><div class=\"kt-row-column-wrap kt-has-1-columns kt-gutter-default kt-v-gutter-default kt-row-valign-top kt-row-layout-equal kt-tab-layout-inherit kt-m-colapse-left-to-right kt-mobile-layout-row kb-theme-content-width\">\n<div class=\"wp-block-kadence-column inner-column-1 kadence-column_00acb2-c3\"><div class=\"kt-inside-inner-col\">\n<div class=\"wp-block-group triangle-callout-box inview is-layout-constrained wp-block-group-is-layout-constrained\">\n<h4 class=\"wp-block-heading\">CityBridge Education is thrilled to announce Dr. Omolara O. Fatiregun as the inaugural entrepreneur in the CityBridge Launch Fund. Dr. Fatiregun is the Founder and CEO of THRIVE!, a venture that uses technology to help school systems and human services agencies root out systemic racism in spending.&nbsp;<a href=\"https:\/\/citybridge.org\/inaugural-launch-fund-announcement\/\">Learn More<\/a><\/h4>\n<\/div>\n<\/div><\/div>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-kadence-rowlayout alignnone\"><div id=\"kt-layout-id_b063db-21\" class=\"kt-row-layout-inner kt-layout-id_b063db-21\"><div class=\"kt-row-column-wrap kt-has-1-columns kt-gutter-default kt-v-gutter-default kt-row-valign-top kt-row-layout-equal kt-tab-layout-inherit kt-m-colapse-left-to-right kt-mobile-layout-row kb-theme-content-width\">\n<div class=\"wp-block-kadence-column inner-column-1 kadence-column_c61526-ee\"><div class=\"kt-inside-inner-col\">\n<div class=\"wp-block-kadence-rowlayout alignnone full-bleed text-image\"><div id=\"kt-layout-id_103304-2e\" class=\"kt-row-layout-inner kt-row-has-bg kt-layout-id_103304-2e has-dark-orange-background-color\"><div class=\"kt-row-column-wrap kt-has-1-columns kt-gutter-none kt-v-gutter-default kt-row-valign-top kt-row-layout-equal kt-tab-layout-inherit kt-m-colapse-left-to-right kt-mobile-layout-row kt-inner-column-height-full\"><style id=\"kb-column_0d17a0-6b\">.kadence-column_0d17a0-6b > .kt-inside-inner-col{padding-top:75px;padding-bottom:75px;padding-left:75px;padding-right:75px;}@media all and (max-width: 1024px){.kadence-column_0d17a0-6b > .kt-inside-inner-col{padding-top:30px;padding-bottom:30px;padding-left:30px;padding-right:30px;}}@media all and (max-width: 767px){.wp-block-kadence-column.kadence-column_0d17a0-6b > .kt-inside-inner-col{margin-bottom:-30px;}}<\/style>\n<div class=\"wp-block-kadence-column inner-column-1 kadence-column_0d17a0-6b\"><div class=\"kt-inside-inner-col\">\n<h3 class=\"has-yellow-color has-text-color wp-block-heading\">Ventures at CityBridge<\/h3>\n\n\n\n<p>CityBridge drives innovation by funding and supporting local leaders\u2014prioritizing leaders of color\u2014who are transforming the student experience. We support the creation of education startups focused on solving some of the most pressing problems in DC\u2019s K-12 education ecosystem. As early stage investors, our programming aims to provide startup founders with the capital, connections, and curriculum to launch an equitable venture in DC.&nbsp;<\/p>\n\n\n\n<p>We incubate ventures designed to rely on different types of revenue (e.g., fees, fundraising) and the business model that is most promising for an entrepreneur\u2019s chosen goals. Past Ventures entrepreneurs have launched EdTech products and applications, nonprofits, and other social enterprises.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/citybridge.org\/programs\/ventures\/\">Learn More<\/a><\/div>\n<\/div>\n<\/div><\/div>\n<\/div><\/div><\/div>\n<\/div><\/div>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-kadence-rowlayout alignnone\"><div id=\"kt-layout-id_182fd3-e1\" class=\"kt-row-layout-inner kt-layout-id_182fd3-e1\"><div class=\"kt-row-column-wrap kt-has-1-columns kt-gutter-default kt-v-gutter-default kt-row-valign-top kt-row-layout-equal kt-tab-layout-inherit kt-m-colapse-left-to-right kt-mobile-layout-row kb-theme-content-width\">\n<div class=\"wp-block-kadence-column inner-column-1 kadence-column_61d780-65\"><div class=\"kt-inside-inner-col\">\n<h4 class=\"has-medium-teal-color has-text-color wp-block-heading\">FAQs<\/h4>\n\n\n\n<div class=\"wp-block-kadence-accordion alignnone\"><div class=\"kt-accordion-wrap kt-accordion-wrap kt-accordion-id_5d18a1-1e kt-accordion-has-5-panes kt-active-pane-0 kt-accordion-block kt-pane-header-alignment-left kt-accodion-icon-style-basic kt-accodion-icon-side-right\" style=\"max-width:none\"><div class=\"kt-accordion-inner-wrap\" data-allow-multiple-open=\"false\" data-start-open=\"0\">\n<div class=\"wp-block-kadence-pane kt-accordion-pane kt-accordion-pane-1 kt-pane_bcaf9c-04\"><div class=\"kt-accordion-header-wrap\"><button class=\"kt-blocks-accordion-header kt-acccordion-button-label-show\"><span class=\"kt-blocks-accordion-title-wrap\"><span class=\"kt-blocks-accordion-title\">Does CityBridge take an equity stake in the ventures you incubate?<\/span><\/span><span class=\"kt-blocks-accordion-icon-trigger\"><\/span><\/button><\/div><div class=\"kt-accordion-panel\"><div class=\"kt-accordion-panel-inner\">\n<p>No. CityBridge is a nonprofit incubator and does not take an equity stake.<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-kadence-pane kt-accordion-pane kt-accordion-pane-2 kt-pane_a7d39b-76\"><div class=\"kt-accordion-header-wrap\"><button class=\"kt-blocks-accordion-header kt-acccordion-button-label-show\"><span class=\"kt-blocks-accordion-title-wrap\"><span class=\"kt-blocks-accordion-title\">What is your investment criteria?<\/span><\/span><span class=\"kt-blocks-accordion-icon-trigger\"><\/span><\/button><\/div><div class=\"kt-accordion-panel\"><div class=\"kt-accordion-panel-inner\">\n<p>See our investment criteria <a href=\"https:\/\/citybridge.org\/programs\/ventures\/\" data-type=\"page\" data-id=\"614\">here<\/a>.<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-kadence-pane kt-accordion-pane kt-accordion-pane-3 kt-pane_1243bf-c6\"><div class=\"kt-accordion-header-wrap\"><button class=\"kt-blocks-accordion-header kt-acccordion-button-label-show\"><span class=\"kt-blocks-accordion-title-wrap\"><span class=\"kt-blocks-accordion-title\">What is the application process like?<\/span><\/span><span class=\"kt-blocks-accordion-icon-trigger\"><\/span><\/button><\/div><div class=\"kt-accordion-panel\"><div class=\"kt-accordion-panel-inner\">\n<p>The CityBridge Launch Fund is an invitation-only program.<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-kadence-pane kt-accordion-pane kt-accordion-pane-4 kt-pane_e44161-0c\"><div class=\"kt-accordion-header-wrap\"><button class=\"kt-blocks-accordion-header kt-acccordion-button-label-show\"><span class=\"kt-blocks-accordion-title-wrap\"><span class=\"kt-blocks-accordion-title\">Do I have to complete other CityBridge programming to be eligible for Launch Fund?<\/span><\/span><span class=\"kt-blocks-accordion-icon-trigger\"><\/span><\/button><\/div><div class=\"kt-accordion-panel\"><div class=\"kt-accordion-panel-inner\">\n<p>No. There are no prerequisite programs for Launch Fund. CityBridge\u2019s programs are not linear; they are designed to meet educators and entrepreneurs at different points in their design journey. At the end of each program, participants outline next steps and CityBridge staff are available to discuss additional programming opportunities.<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-kadence-pane kt-accordion-pane kt-accordion-pane-5 kt-pane_1ffe76-fd\"><div class=\"kt-accordion-header-wrap\"><button class=\"kt-blocks-accordion-header kt-acccordion-button-label-show\"><span class=\"kt-blocks-accordion-title-wrap\"><span class=\"kt-blocks-accordion-title\">I\u2019m not sure which program is right for me. Can you help?<\/span><\/span><span class=\"kt-blocks-accordion-icon-trigger\"><\/span><\/button><\/div><div class=\"kt-accordion-panel\"><div class=\"kt-accordion-panel-inner\">\n<p>We\u2019re available to discuss any questions you may have about our programming. Please <a href=\"https:\/\/citybridge.org\/contact-us\/\">contact us<\/a>.<\/p>\n<\/div><\/div><\/div>\n<\/div><\/div><\/div>\n<\/div><\/div>\n<\/div><\/div><\/div>\n\n\n<style id=\"kb-rowlayout_e700e1-5b\">@media all and (min-width: 768px){#kt-layout-id_e700e1-5b > .kt-row-column-wrap > .inner-column-1{flex:0 1 70%;-webkit-flex:0 1 70%;}#kt-layout-id_e700e1-5b > .kt-row-column-wrap > .inner-column-2{flex:0 1 30%;-webkit-flex:0 1 30%;}}@media all and (min-width: 768px) and (max-width: 1024px){#kt-layout-id_e700e1-5b > .kt-row-column-wrap > .inner-column-1{flex:0 1 100%;-webkit-flex:0 1 100%;}#kt-layout-id_e700e1-5b > .kt-row-column-wrap > .inner-column-2{flex:0 1 100%;-webkit-flex:0 1 100%;}}#kt-layout-id_e700e1-5b{margin-top:100px;}#kt-layout-id_e700e1-5b > .kt-row-column-wrap{padding-top:0px;padding-bottom:0px;}@media all and (max-width: 1024px){#kt-layout-id_e700e1-5b > .kt-row-column-wrap{padding-bottom:0px;}}<\/style>\n<div class=\"wp-block-kadence-rowlayout alignnone full-bleed 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