Soltane Foundation Innovation Fund
The Soltane Foundation Innovation Fund
Expanding our Impact
For 30 years, Camphill Soltane has provided innovative opportunities for meaningful work for adults with developmental disabilities. Located in suburban Philadelphia, Camphill Soltane owns and operates six distinct social enterprises that employ people with disabilities, including a cafe, gift shop, and a horticultural nursery. Now the Camphill Soltane Foundation is looking to expand its impact by supporting businesses outside the Soltane umbrella with small start-up and capital expansion loans with the Soltane Foundation Innovation Fund.
FUND PURPOSE: The Fund will provide start-up and seed funding to emerging businesses, and funding for expansion plans for existing businesses that:
Have (or plan to have) a significant portion of employees that have disabilities and/or barriers to employment.
Are founded by an individual(s) with a disability and/or barriers to employment.
INVESTMENT CRITERIA: Investments will be evaluated on:
Quality of the business plan and confidence in the ongoing financial viability.
Ability to employ individuals with disabilities or other employment barriers.
Confidence in the business model to begin repaying the investment within 3-5 years, with a full repayment plus agreed-upon interest within 7-10 years.
THE FUND OVERSIGHT COMMITTEE: A volunteer advisory committee and the Fund Oversight Committee will review investment opportunities and ultimately approve investments. The committee may request changes to business plans/model prior to making the commitment.
The committee is comprised of individuals with knowledge and expertise in the areas of investment. The goal of the committee will be to guide the company in business decisions and financial management.
Devin Gross, Mike Simon, Pamela Walton, Nathan McLaughlin, Rachel Bowden
CONTACT: For questions, or to make a donation, contact Rachel Bowden at 484.986.4404 or email@example.com.
“The mission of Creative Souls is to empower people with disabilities to earn an income while gaining an amazing learning experience where they can feel valued and show their unique personalities through their work as an artist or as a member of the team.”
Learn more about Creative Souls at becreativesouls.com!