Employment Technology Fund

Launched in 2017, the Employment Technology Fund is an impact investing initiative that finances scalable technology solutions designed to help low-income adults without college degrees find employment and improve their career prospects. The organization focuses on early stage companies and nonprofits operating across the learning, training, mentoring, and job placement sectors to support approximately 103 million low-income workers in the United States. This initiative is funded by major philanthropic organizations including The Rockefeller Foundation, the Walmart Foundation, The Joyce Foundation, and the W K Kellogg Foundation. Operating through the New Venture Fund, the organization recently expanded its investment capacity following an acquisition by Jobs for the Future. As of July 2019, the fund had invested in seven portfolio companies, including the successful Cell-Ed, while actively fostering thought leadership and sharing best practices across its expanding network.