About the NUImpact Fund

 

Thesis
The NUImpact Fund seeks to deploy flexible capital into Boston-focused, sustainable businesses that address social and environmental challenges faced by underserved stakeholders.



Investment Vehicle
NUImpact aims to deploy capital through three flexible investment vehicles to maximize value to entrepreneurs and the communities they serve. Our flagship vehicle - Income Share Agreements (ISA’s) - supports the growth of revenue-generating businesses that lack the total market size or growth trajectory needed to attract the attention of venture capitalists. Pioneered as a financing alternative to student loans & deployed by Northeastern Professor Karthik Krishnan’s venture MentorWorks, ISA’s provide a unique form of capital and risk transfer that is paid back through a percentage of founder earnings. NUImpact is the only student-led investment fund in the United States to employ this unique blended approach of ISAs for impact investing and social change. We also offer Convertible Debt committed to seed rounds & Venture Debt used to extend fundraising timelines both of which support high-growth impact companies in need of flexible funding.