FREQUENTLY
ASKED QUESTIONS

 
 

Entrepreneurs

  • NUImpact invests in sustainable Northeast-based companies that are focused on underserved communities. We look for companies that are early stage and impact-driven.

  • We conduct due diligence for an investment over the course of an academic semester. In the spring we start looking for companies in late January and look to make an investment decision by early May. In the fall, we start sourcing in late September and look to make an investment decision in December.

  • We are looking to make investments between $25,000 and $30,000, but are willing to be flexible depending on the needs of the company.

  • NUImpact was founded in Spring 2016 by a group of impact-minded students and their professor. It has grown over the last few years into a powerful and popular entity at Northeastern. We now host several events each semester with the goal of educating the Northeastern community about impact investing and some of the problems we hope to help solve.

  • We have a team of highly experienced advisors that support us throughout the process. One of our advisors, Mark Bernfield, is a long term angel investor. We have a team of several alumni advisors that have graduated from Northeastern and work in various industries that pertain to the NUImpact mission. We also have a team of industry and strategic advisors that provide us with guidance.

  • We strengthen underserved communities by deploying purposeful capital in impactful ventures and organizing educational programming.

 

Students

  • NUImpact is an amazing community to join! You can come to our events that are typically held bi-weekly throughout each semester. The best way to stay updated is to follow our Instagram and sign up for our newsletter, which are linked at the bottom of the page.

  • We open up applications to join the NUImpact Fund and Programming teams in April and November. You will be able to find the application on our Instagram and in our newsletter when it is released. Please reach out to any member of NUImpact at any time to learn more about the club.

  • Applications open at the end of every semester for the following semester. In the fall they generally open around November and in the spring they usually open in April. To get an alert when applications open, join our newsletter and follow us on social media.

  • The Fund team works to find companies that NUImpact may want to invest in. Our analysts work on five different verticals: Healthcare, Community and Economic Development, Financial and Educational Services, Food and Agriculture, and Energy and Environment. Each of these teams source and research companies that fit NUImpact’s investment thesis and check size. This team is a great way to gain real-world experience talking with entrepreneurs and conducting due diligence.

  • Our Programming team works to spread the mission of purposeful capital with those passionate or curious about making an impact in finance or entrepreneurship. We have positions dedicated to planning bi-weekly student events, marketing, design, and planning our annual sustainable investing summit. This side of the club is great for building real-world skills and making connections to inspiring professionals.

  • Inclusivity, empathy, community, humility and intention. We aim to center these values in all that we do and look for members that uphold these values.

 

Donors

  • You can donate to NUImpact directly online via Northeastern’s Giving Page or you can contact NUImpact’s Director of Fund Development to learn about other options.

  • Yes! NUImpact falls under Northeastern University, which is a tax deductible non-profit organization.

  • All gifts go directly toward an investment in the community through NUImpact’s student-led investment process.