Growth capital fuels an organization’s expansion, but it is difficult for nonprofits to secure because most private and public funding supports the delivery of services.
The multimillion-dollar investments that EMCF makes differ from most philanthropic and government grants in that they consist of flexible upfront growth capital. A grantee can use the funds to support strategic planning, leadership development, staff recruitment and retention, fundraising, advocacy, information technology, evaluation or preparing for evaluation—anything and everything it takes to expand and sustain an effective program while maintaining or improving its quality.
What It Takes to Scale
EMCF President and CEO Nancy Roob describes the challenge and importance of "access to unrestricted capital."
EMCF has developed an approach to amassing and coordinating growth capital from co-investing partners that we call capital aggregation.