Impact America Launches from PowerMoves.NOLA

July 4, 2014

With growing focus on the widening income gap and the need for innovative, results-oriented interventions, Impact America joins together with Prudential Financial, Inc. and PowerMoves.NOLA to celebrate its launch at the PowerMoves.NOLA Initiative in New Orleans with the mission to Maximize Opportunity through its innovative approach to supporting best-in-class, diverse entrepreneurs directly improving the quality of life in underserved communities through Health & Wellbeing, Education, Essential Services, and Financial Security.

“As we celebrate our freedoms on the Fourth of July, we are thrilled to come together with our honored supporters, advisors, partners, and colleagues as we unite to build solutions to promote freedom and opportunity through harnessing the spirit of entrepreneurship to address some of America’s most pressing issues,” stated Kesha Cash, Impact America’s Founder and Director of Investments. “Together, we can Maximize Opportunity and Impact America, building a stronger, more vibrant and inclusive economy through supporting the dreams of entrepreneurs pioneering scalable enterprises to deliver affordable goods and services that better lives in underserved markets and communities across America.” Read more →

About

Impact America is an early-stage GIIRS rated equity firm that invests $250K - $2M in high growth companies generating real financial returns while improving the well-being of underserved communities and creating quality jobs in America. Impact America is committed to Maximizing Opportunity through its innovative collaborative ecosystem approach to supporting best-in-class, diverse entrepreneurs directly improving the quality of life in underserved communities through scaling businesses focused on Health & Wellbeing, Education, Essential Services and, Financial Security.

History

Impact America is the evolution of Jalia Ventures, a minority-focused impact investing initiative launched in 2010 and executed over four years with the support and collaboration of leading investors, accelerators, community organizations, university programs, and industry experts across the country. Jalia Ventures invested in nine mission-driven companies including: Red Rabbit, a provider of affordable healthy school meals for kids; ConnXus, a SaaS  platform that helps grow small, woman- and minority-owned businesses by connecting them to Fortune 2000 companies; and Pigeon.ly, a tech company that identifies and indexes inmates data to create value-added products for the incarcerated and their loved ones.