Local Enterprise Assistance Fund
Overview
Local Enterprise Assistance Fund is a nonprofit community development financial institution (CDFI) that provides financing and development assistance to cooperatives and social purpose ventures that create and retain jobs for low-income people.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Dean's Beans Organic Coffee Company | Jun 2023 | Debt | Co-investor |
| Big Duck | Nov 2021 | Buyout/LBO | Co-investor |
| The Drivers Cooperative | Jul 2021 | Seed | Co-investor |
Key People
Amy McCulloch
Portfolio Manager
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Local Enterprise Assistance Fund based?
Local Enterprise Assistance Fund is headquartered in Boston, Massachusetts, United States.
When was Local Enterprise Assistance Fund founded?
Local Enterprise Assistance Fund was founded in 1982.
How many portfolio companies does Local Enterprise Assistance Fund have?
Local Enterprise Assistance Fund has 3 portfolio companies in Caplight's dataset.
What are some companies in Local Enterprise Assistance Fund's portfolio?
Recent investments visible on Caplight include Dean's Beans Organic Coffee Company, Big Duck, The Drivers Cooperative.
What was Local Enterprise Assistance Fund's most recent investment?
Local Enterprise Assistance Fund's most recent investment on Caplight was in Dean's Beans Organic Coffee Company in 2023.
What sectors does Local Enterprise Assistance Fund focus on?
Local Enterprise Assistance Fund focuses on Mobility, Transportation & Logistics, Consumer & Commerce, Enterprise Software, Media, Entertainment & Gaming, Energy & Sustainability, Consumer & Commerce.
What company stages does Local Enterprise Assistance Fund focus on?
Local Enterprise Assistance Fund typically invests at the Early stage.
What is Local Enterprise Assistance Fund's AUM?
Local Enterprise Assistance Fund's assets under management are estimated between $34.5M and $34.5M.