Phase One: Membership Growth & Investment Vetting Process
Stability In Membership & Expertise
The health of the organization is dependent on a solid membership base. We must reach 1,000 supporting members before we make our first investment. While membership is increasing we will be researching, identifying & vetting businesses to launch and acquire.
Phase Two: First Acquisition
Purchase & Profitability Operations
Our first project should launch late summer to early fall 2021. At the moment, a grocery store/brand incubator is being vetted as the founding project which has the potential to build over 300 Black Owned Brands annually. Our first project will be wholly-owned by members of the Nubian Fund. Full members of the Nubian Fund will get a chance to attend the ribbon cutting and their immediate family will get priority job placement.
Phase Three: Scale & Growth
To the sky & beyond
We scale membership and acquisitions to have more social impact in our community & generate significant returns for The Nubian Fund Investment Collective.
Liquidation & Reinvestment
For sustained impact The Nubian Fund will eventually be in a position to sell our assets to re-liquidate and scale further. Liquidity allows us to service the debt required to scale and continue growth exponentially. We are embracing Employee Ownership to ensure the impact to our community remains and that the ownership of the businesses we launched remain in the hands of our community. ESOP’s allows employees to purchase ownership in a business by small withholding from a paycheck. ESOP’s are now eligible for small business loans via the SBA. We are targeting 3-5 years from launch to liquidation event.