ECMC Foundation made a $1,000,000 investment in the Employment Technology Fund (ETF) in January 2018. ETF is a U.S.-focused impact fund committed to supporting social enterprises working to remove barriers to employment and enhancing opportunities for millions of underemployed adults in the U.S. labor market. Through ETF, ECMC Foundation invests in social entrepreneurs and early-stage ventures that use promising market-based and tech-enabled solutions to help close the education and employment gap for low-income adults.
ECMC Foundation and Chloe Capital have joined forces to provide funding to women entrepreneurs at the helm of early-stage ventures. Together, the two organizations are hosting a national trilogy of #InvestinWomen pitch competitions taking place between October 2019 and May 2020 in Los Angeles, New Orleans and Charlotte, NC.
In February 2018, ECMC Foundation joined the Venn Foundation, a Minneapolis-based foundation that manages donor-advised accounts for funders interested in making, joining and syndicating program-related investments.