Working Solutions is pleased to share our newly approved five-year Strategic Plan! Some of our specific goals are to:
Deploy $50 million in capital to start-up and early-stage businesses by 2024
Serve 60% women, 60% entrepreneurs of color, and 65% lower-income individuals
Increase deployment from 150 loans per year to 400 loans per year, with a continued focus on underserved communities
Strengthen our capital pool by raising $12 million to meet the credit needs of underserved communities
Furthermore, we will measure our impact by tracking both who we serve and what positive outcomes are realized—specifically whether clients increase their income and savings, health insurance coverage, credit access, and business survival rates.
The full Strategic Plan is available here. We are excited about our plans for the future and look forward to serving many more local entrepreneurs in the coming years!