An investment in the growth of your business
The SAGE Equity Fund operates like a venture capital fund, making equity investments in businesses that are expanding or locating in the Eastside Promise Zone. It was created in 2014 with a grant from the U.S. Department of Health and Human Services Community Economic Development (CED) Program, as a new source of capital to support business development on the Eastside.
Equity investments made by the fund provide new opportunities for Eastside businesses and support job growth, a key goal of the HHS Community Economic Development Program. To qualify for the program, your company must commit to creating at least one new full-time job for every $10,000 SAGE invests in your business, with at least 75% of the jobs you create going to certified low-income individuals.