Written by Julian Hast – Reporter
A nonprofit spinoff of venture fund PS27 Ventures is ramping up plans to help train early-stage companies and startups, especially those founded by women, people of color and veterans.
The expansion of PS27 Foundation’s entrepreneurial education programming — which provides educational resources and access to a wider network of business leaders, financial resources and other, more experienced founders — comes as the organization, which was founded in 2016, expands its funding and brings on its first executive director.
PS27 Ventures CEO Jim Stallings said the move to hire Emmanuel Fortune as executive director comes at a time of rapid growth for the foundation.
“We’re going to double, over the next year, the numbers of programs” from two to four large programs, he said. “We probably touch 400 entrepreneurs a year. We’ll probably touch over 1,000 a year from now.”