Brooklyn Workforce Innovations (BWI) is a non-profit organization founded in 2000 with the mission of fighting poverty and empowering low-income New Yorkers. The organization provides jobless and working poor individuals with career opportunities in sectors offering good wages and chances for advancement. BWI achieves this by offering full-time intensive skills training and at least two years of job placement, along with access to social support and career advancement counseling. The organization's programs, including Red Hook on the Road, "Made in NY" Production Assistant Training Program, Brooklyn Woods, Brooklyn Networks, Brooklyn Navy Yard, and New York City Housing Authority (NYCHA) Resident Training Academy, have received awards for their impact in creating living-wage employment opportunities. The most recent investment in BWI was a $30,000 grant from the Ponce De Leon Foundation on 29 January 2024. The investment signifies a recognition of BWI's efforts in addressing market inequalities and contributing to the broader movement for economic justice. With its focus on creating employment opportunities for low- and moderate-income individuals, BWI aligns with the social impact objectives that many venture capital firms seek in their investments. For venture capitalists interested in impact-driven organizations addressing poverty and economic disparities, BWI presents a compelling investment opportunity.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | $30.00K | 1 | Ponce De Leon Foundation | 29 Jan 2024 |
Grant | $4.25M | 1 | CD&R Foundation | 06 Jun 2023 |
No recent news or press coverage available for Brooklyn Workforce Innovations.