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Economic Mobility & Financial Inclusion

Impact WNC Fund

Impact WNC Fund is a pooled investment fund providing growth capital and ecosystem support to entrepreneurs and companies rebuilding and strengthening the economy of Western North Carolina.
Private Venture Fund
SDG 11 | SDG 8 | SDG 9
Western North Carolina

$420K

deployed
CAPITAL DEPLOYED

180

units
units created

620+

people
people housed

2024

year
investment year

The Investment

Impact WNC Fund is a pooled investment fund providing growth capital and ecosystem support to entrepreneurs and companies in Western North Carolina. The fund was created to address regional funding gaps while helping build a stronger capital marketplace for local businesses. Following Hurricane Helene, the need for growth capital in Western North Carolina became even more urgent. Many entrepreneurs faced disruption, uncertainty, and limited access to the resources needed not only to recover but to continue building resilient businesses and local economies. In 2026, Abundance Angels and partners committed $158,900 to Impact WNC. Because this is a fund investment, capital is called over time and deployed by the fund into a portfolio of companies rather than into a single business. The fund’s investment approach prioritizes entrepreneurs and companies that can create sustainable economic growth, higher-wage jobs, a more diverse regional economy, and products or services that benefit communities across Western North Carolina. It also emphasizes ecosystem impact by connecting founders, investors, and regional partners around shared economic development goals.

Impact Metrics

180 units

Affordable housing units created and preserved

620+ residents

Low-income residents housed with stable, affordable rent

$2.1M leveraged

Additional capital mobilized from public and philanthropic sources

SDG Alignment

8
SDG 8: Decent Work and Economic Growth
9
SDG 9: Industry, Innovation and Infrastructure
11
SDG 11: Sustainable Cities and Communities

Investment Details

Type
Private Venture Fund
Amount
$158,900
Impact Pillar
Economic Mobility & Financial Inclusion
Status
Deployed
Location
Western North Carolina

About the Organization

Impact WNC Fund is a regional investment vehicle providing patient growth capital to entrepreneurs and companies across Western North Carolina. The fund focuses on creating sustainable economic growth, higher-wage jobs, and a more diverse regional economy, with particular emphasis on post-Hurricane Helene recovery and long-term resilience for WNC businesses and communities.

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