The Good Neighbor Fund (GNF) has been founded in Buffalo, NY to help under-resourced entrepreneurs in economically challenged communities. GNF is able to provide “no strings attached” $1,000 micro-grants to founders, along with resources, to help the start-ups to gain footing in their host communities. Because the grassroots organization is 100% volunteer-led with no overhead, the capital contributions – pooled by a “small giving circle” of people who share a passion for entrepreneurship, community, and empowerment – are fully allocated to the start-up efforts.
So often, early-on capitalization attempts by small start-ups require the founders to compete for large sums of money, with huge competition, over extended time periods. The GNF micro funding allows these start-ups to get a shot in the arm, to give them a quick boost.
GNF takes its name from the nickname of Buffalo, “the city of good neighbors.” This nickname represents the diverse community that has endured heartache and tragedy yet always rallies to help its neighbor.
According to Founding Partner, Jason Bartz. “You always hear the term bootstrap when talking about entrepreneurship. ‘So-and-so is bootstrapping their new venture.’ But what if you don’t have bootstraps to pull yourself up by? The Good Neighbor Fund was created to be the jump-start and bridge the gap between ideation and larger organizations.”
“The Good Neighbor Fund was created to be the jump-start and bridge the gap between ideation and larger organizations,” added Bartz.
The organization currently hosts chapters in Buffalo, New York, and Denver, Colorado.
Along with the micro grants, GNF helps startups in myriad other ways, including key intros, program and accelerator matching, and mentorship. GNF is currently developing in-house programs tailor-made for founders at this stage. Combined with the micro grants, this sort of start-up support is invaluable for founders who are looking for instructive help in economically challenged communities.
If you’re passionate about entrepreneurship, community, and empowerment, consider joining the Good Neighbor Fund.
Get connected: www.goodneighbor.fund
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