Raleigh-Durham

Through our unique pitch competitions and online marketplace, Commonwealth connects impact investors with businesses that strengthen communities in the Triangle.

Investor Updates

Raleigh-Durham Pitch Competitions

Commonwealth pitch competitions bring entrepreneurs and impact investors together to create businesses that strengthen communities.

PITCH Your Idea

For-profit and nonprofit companies are invited to submit proposals for the inaugural Commonwealth Triangle pitch competition.  Commonwealth is a place-based impact investing platform which seeks market-based solutions to the Triangle region’s most pressing social challenges.

Winning organizations will receive investments to accelerate their initiatives.  However, the competition is not a destination but rather a gateway.  Applicants may also have the opportunity to join the Triangle Marketplace—an ongoing community of donors, advisors, and organizations committed to incubating good enterprises which improve society.

Vision
Commonwealth connects impact investors with entrepreneurs whose innovative organizations are fueling the renewal of the Triangle by addressing the area's most pressing social challenges.

Selection Process
To enter your organization's application for the Triangle Commonwealth Pitch Competition, click the button below and complete the initial application by January 26, 2020.

Awards & Benefits
The winner(s) will receive portions of a $150,000 investment pool of debt or equity impact investments. Finalists will also gain access to a supportive network of Triangle area impact investors.

FAQs APPLY

2020 Competition Application Live!

apply below by 1/26/20 extended deadline

In partnership with the National Christian Foundation of the Carolinas, Commonwealth is calling for applications from companies which produce social or spiritual impact along with financial returns.  Four broad criteria guide the selection process:

  1. Well-defined, excellent business plan
  2. Qualified management team
  3. Able to recycle capital (e.g. repay investment)
  4. Social, spiritual, and/or environmental impact

Express your interest by 1/26/20!

Raleigh-Durham Marketplace

The Commonwealth Marketplace profiles best practices in companies tackling some of the city’s most challenging problems.

Latest Updates:

NeighborHealth

Healthcare for Our Most Vulnerable Neighbors

Sapient Network

Connecting Investors With QBLs

Beacon Hill

A Collective Vision for Southeast Raleigh

Serenity Gardens

Preparing Couples for Marriage

Resilient Ventures

Advancing the Movement for Economic Equity

Economic Story

In the 1950’s, North Carolina’s economy was ranked 49thout of 50 states and too dependent on tobacco, textiles, and furniture. Then a partnership was formed by Duke, UNC, and NC State to turn a pine forest that separated them into the Research Triangle that would leverage their ideas and talent.

Today, salaries in the Park are nearly 50% higher than state and national averages. The region has also lifted North Carolina’s economy notably through its acceleration of an $83B life sciences sector.

Hidden in the shadows of this great success are too many unskilled and underemployed Triangle neighbors who lack affordable housing and economic opportunity. Commonwealth Triangle is building impact investing deals to bring more economic opportunity to all Raleigh-Durham citizens.

Public Good Index

Commonwealth advances market solutions to fix the parts of Raleigh-Durham’s economy that are broken and to increase shared prosperity for all its citizens.  The Public Good Index measures progress toward these goals.

Social Innovation

Mission Triangle

 
Mission Triangle understands there are many people willing to contribute to nonprofits, but we also recognize that these ministries need more than just money to thrive. That’s where they come in. MT teaches biblical truth and sound business principles; and offers the following primary services: assessing, training and coaching.

 Samaritan's Feet

Samaritan’s Feet serves and inspires hope in children by providing shoes as the foundation to a spiritual and healthy life resulting in the advancement of education and economic opportunities.

Project Access

Project Access, a service program of the Howard County Medical Society and United Way agency, is a volunteer physician, dental and healthcare provider that delivers comprehensive medical care to qualified, uninsured residents of Howard County, Indiana at little or no cost to the patient.

Questions?

We would be happy to give you more information about our marketplace and competitions. Just click here to email Program Manager, Jacob Baldwin. He will be be in touch quickly!