Join our Co-Founder & Managing Partner, Darryl Lindie, at Venture Café Providence for the Thursday Gathering - Impact Investing & Alternative Sources of Funding on August 8th. Hear a discussion in collaboration with the Boston Impact Initiative (BII), introducing local entrepreneurs to the exciting field of community and impact investing! Pre-register & learn more about the panel at https://bit.ly/4dwZ8Mt
New Majority Capital
Financial Services
Providence, RI 2,796 followers
New Majority Capital is an impact investor that addresses the wealth gap via small business "asset" ownership in the US
About us
We provide resources and capital to under-represented entrepreneurs to acquire and run existing small businesses
- Website
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https://newmajoritycapital.com/
External link for New Majority Capital
- Industry
- Financial Services
- Company size
- 2-10 employees
- Headquarters
- Providence, RI
- Type
- Privately Held
Locations
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Primary
225 Dyer Street
Providence, RI 02903, US
Employees at New Majority Capital
Updates
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At New Majority Capital, our focus is on addressing two key Sustainable Development Goals (SDGs): SDG 10 - Reduced Wealth Inequality We aim to reduce wealth inequality by increasing the number of underrepresented business owners. This is achieved through wealth creation for underrepresented entrepreneurs, both from the cash flow generated by the business and the value of equity ownership. SDG 8 - Decent Work and Economic Growth We promote decent work and economic growth by distributing 10% of annual profits to the employees of the acquired firm so that employees benefit from the company's upside in real-time. See our Statistics in real time at https://lnkd.in/g9kFZwHt #SDGs #sustainabledevelopment #SDG10 #SDG8 #NewMajorityCapital
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We're excited to highlight a recently closed deal from one of our NMC Fellows! DLTC Landscape Contractors, a long-standing company based in Connecticut, specializes in landscape installation and maintenance services. If you're in the CT area and need landscaping services, look no further! Find out more at https://www.dltcusa.com/ Are you an accredited investor? Invest with us to drive impact through small business ownership.
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Applications are OPEN for Succession Ready! 🎉 Succession Ready is a FREE program offered to Rhode Island small business owners considering retirement, succession, or selling their business. Whether you plan to hand over your business to your next of kin, an employee, or sell it, the Succession Ready program will equip you with the knowledge and tools to develop an actionable succession plan. Our next Succession Ready cohort will run in Rhode Island in the Fall of 2024 (October-November) and is designed for business owners with annual revenues over $500K who are planning for retirement or sale. Apply today for our Fall 2024 Cohort at https://lnkd.in/e7quDJUs #getsuccessionready #NewMajorityCapital
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Exciting news! We're proud to share our member profile for National Association of Investment Companies (NAIC), showcasing our commitment to reducing wealth disparities through strategic capital support and acquisition training. Swipe through to read our profile.
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We're thrilled to share that New Majority Capital has been recognized among the top impact investment companies in Real Leaders Magazine's 2024 list! 🎉 We are honored to be acknowledged for creating solutions for social and economic challenges globally. Learn more and view the list at https://bit.ly/3y9byei. #RealLeadersofImpactInvesting #RealLeadersMagazine
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Our Co-Founder Kris Schumacher attended National Association of Investment Companies (NAIC) Midsummer VIP Reception. It was great to connect with partners, investors and others in the investing ecosystem. Glad to have NAIC bring us all together.
What a night! Thank you to everyone who attended our 3rd Annual Midsummer VIP Reception! More than 350 of the brightest minds in the alternative investment industry, including 59 capital allocators and 105 NAIC member firms, enjoyed a memorable night of networking. We'd like to thank our honorary co-chairs, corporate partners, premier sponsors, member firms, NAIC team members, and all those who participated for making the night a success. #diverseleadership #alternativeinvesting #institutionalinvestors
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New Majority Capital reposted this
Exciting news: bETA ATL applications are OPEN! If you live in the South or Southwest, bETA ATL is for you! bETA is a 10-week accelerator designed to give underrepresented entrepreneurs the knowledge, tools, and access to capital they need to acquire and run an already existing, successful small business. If you're in these regions, don't miss out on applying to bETA ATL at https://bit.ly/3RsKdu8. Tag a friend who should apply below! #bETA #ATL #entrepreneurthroughacquisition #ETA
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The 2024 NMC Dinner Series is off to a great start. We extend our gratitude to everyone who joined us last month in NYC at Hav & Mar. This week, we look forward to welcoming you in Atlanta! Allegra Stennett, Brooke "Bo" Wages , Carmen Sebro , Chanel Alexander, Cymone Forde, Gabriela Ariana Campoverde, Jennifer Leonard, CFA, Jessica Johnson-Cope, John Baker, Justin Hill, Kanayo Oweazim, Kris Schumacher, Leilani Pineda, Matt Sheedy, Niki St Pierre, MPA/MBA, Raul J. Muñiz, Esq. Shaolee Sen, Tobi Bosede, Marcus Samuelsson Group 🎥: Stephon Williams
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We're excited to share that we've been featured in the latest Professional Wealth Management (PWM) article, "Redefining Impact Investment." A big thank you to Jasper van Brakel at RSF Social Finance for highlighting our mission within the PWM community. Read the article at https://bit.ly/4eJP9ot and view our newsroom at https://lnkd.in/ebvFyZQb!