We exist to relieve Americans from financial anxiety and invest in improving financial access to help reduce the wealth gap.NORTHAMPTON, MA / ACCESSWIRE / April 25, 2024 / Northwestern MutualOriginally
We exist to relieve Americans from financial anxiety and invest in improving financial access to help reduce the wealth gap.Originally published in Northwestern Mutual 2023 Sustainability and Social Impact Report
Northwestern Mutual wants to reduce barriers to financial equity and expand financial access for tech startups by supporting entrepreneurs who have been historically underserved. To address this need, each year the Northwestern Mutual Black Founder Accelerator® provides up to 10 entrepreneurs with a $100,000 investment, plus an intensive 12-week business training program and ongoing mentoring.
Since the fund launched in 2021, Northwestern Mutual has made 16 investments nationally and in Milwaukee, leading to further investments in 64 business owners from diverse backgrounds and creating 525 jobs across the country.Northwestern Mutual engages with a broad array of outside vendors for everything from office supplies and building materials to marketing and technology services.
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