Description: We invest/deploy cannabis taxes, corporate and foundation contributions as a means of providing support and economic opportunities for these communities.
We deploy cannabis taxes, corporate profits and foundation contributions to capital, coaching and connections for socially and economically disadvantaged entrepreneurs with state-legal THC and CBD businesses across the U.S. and Canada.
Play Video see more grantees LEARN MORE HOW WE do it HOW WE do it Our private funders have the exceptional opportunity to provide mentorship and capital to NuProject founders, and, if interested, hands-on roles in helping founders shape their products and business strategies in a fast-growing, innovative industry. Providing full-service capital to our founders includes high-value mentors who give entrepreneurs a support system and advice that we’ve found generates better returns than a capital investment
Our esteemed partners and investors, like Chuck Lacy of the Barred Rock Fund, have been an integral part of NuProject’s economic justice work. With Barred Rock, NuProject has launched multiple funding vehicles for socially and economically disadvantaged-owned businesses including a revenue share fund and a revolving loan fund. The loan fund interest rates are below prime, which allows Barred Rock to benefit from Program Related Investment tax credits. Mission-based investing with like-minded investors is a