The objective of Project 500 (now 1863 Ventures)
In 2016, we committed to surfacing 500 D.C.-based, Black entrepreneurs in three years; the organization found 527 founders in just 18 months. These milestones signaled the need for business training, mentorship, and capital for emerging Black entrepreneurs and underscored a clear market opportunity to support local entrepreneurs in creating generational wealth.
2019 - Now
Our mission at 1863™ Ventures
Our programs seek to accelerate New Majority Founders from high potential to high growth. Our vision is to steward economic development and generate $100 billion of New Majority wealth by 2030.
Over the past six years, 1863™ Ventures has had the privilege of working with over 3,200 early-stage and growth-stage founders through its formal programs and partnerships across a multitude of sectors. 1863 Ventures program alumni represent nearly $300M in revenue generated and over 2,000 jobs created.
Remembering our roots
Though we're a national brand, we are deeply committed to being a force of change in the nations capital.
Participants receive free, non-dilutive instruction from industry experts on a wide variety of topics framed around key best practices, systems & processes.
After instruction, participants apply their learnings in real-time to their business. After each program, they receive one-on-one support from both the 1863 team and Brain Trust in order to refine their strategy and implementation.