Innovate Capital Growth Fund Launches in Philadelphia, Providing Growth Equity for Minority and Women-Owned Businesses throughout Mid-Atlantic Region

PHILADELPHIA – The Enterprise Center today celebrated the launch of the Innovate Capital Growth Fund, a licensed Small Business Investment Company (SBIC) as designated by the US Small Business Administration (SBA). Innovate Capital is a new for-profit fund, focused exclusively on investing growth equity capital in minority and women-owned businesses.

The Philadelphia Inquirer – New Philly-based $50 million private equity fund will invest in women, underrepresented entrepreneurs in Pa., N.J., and beyond

The Philadelphia Tribune – Enterprise Center launches fund to invest in minority-owned businesses