The Impact of Inclusive Entrepreneurship

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We believe that long-term investments in people and communities can build economies that are truly equitable and inclusive, with ripple effects that last through generations.

Since 2008, RMMFI’s work has resulted in:

406

Businesses Launched Through 51 Cohorts

77

% of Businesses Open at 2 Years

64

% of Entrepreneurs Increasing Household Income

342

Loans

94

% Loan Repayment Rate

1,059,335

Dollars Lent

4500

Hours of Volunteer Service Annually

60

% of Entrepreneurs on the Path to Achieving What They Want in Life

77

% of Entrepreneurs Involved in Their Communities


Social Impact

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For every $1 RMMFI spends, $3.98 is returned to entrepreneurs and our community in the form of social and economic impact.

In 2022, the social and economic value of our work exceeded $9.6 million:

$5.9 Million

in anticipated long-term entrepreneur outcomes like increased financial stability, better life outcomes, and increased access to capital and investment

$3.7 Million

in community-wide outcomes like increased local economic activity and tax revenue, decreased need for emergency assistance programs, and increased public safety

Click here to read more about how we calculate and prove the value of our impact.


Impact Reports

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Fiscal Year 2021-2022Web | PDF


Impact Stories

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Testimonials

Blog

24 Mar

Entrepreneur Spotlight: Myles Davis

Owner of Fifty2Eighty Cosmic Cuts Myles Davis has been cutting hair since 2016, and he’s been operating his own barbershop with his business partner for the last two years. The shop is called Fifty2Eighty Cosmic Cuts, because you'll leave looking...
28 Feb

Entrepreneur Spotlight: Quiana Jones

Owner of Madam Butterfly Quiana Jones is from Denver, and she started her business, Madam Butterfly, as a direct response to the dry Colorado climate and the effects it had on her skin. She started making homemade moisturizing products for herself...
15 Dec

Entrepreneur Spotlight: Tanaka Shipp

Owner of Queenshipp Tanaka Shipp is the founder and CEO of Queenshipp, an organization that focuses on youth empowerment through experiential education. Queenshipp’s mission is to empower all young people, including queer, trans, and non-binary...