ImpactPHL Social: PAGE (Philadelphia Anchors for Growth & Equity) Capital + Hurdle Fund Celebration

Come celebrate the past two years of creating PAGE (Philadelphia Anchors for Growth & Equity) Capital. A grant from the U.S. Economic Development Administration allowed us to eliminate barriers for Black & Brown businesses to pursue institutional contracts that grow their businesses & build wealth. 

The connection between ImpactPHL and the Economy League catalyzed a key initiative of PAGE Capital, The Hurdle Fund, which is a nimble grant program to eliminate small, low-cost hurdles - including insurance, equipment, certification, and more - in order to help local diverse firms win new or grow existing contracts with local institutions. The Hurdle Fund was created in partnership with Philadelphia Investors Circle which in the first year helped deploy $125k to 6 diverse firms, unlocking $1,940,000+ in new revenue from contracts with ten regional institutions.