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SVP Boston Welcomes New Grantee: Enroot

Posted by boston

 

After a rigorous vetting process, Social Venture Partners Boston has selected Enroot as its newest Grantee.

Enroot empowers immigrant youth to achieve academic, career, and personal success through inspiring out-of-school-time experiences. Enroot’s unique program model provides wrap-around services, including mentorship, leadership development, professional internships, and academic support, to newly arrived immigrant high school students in Cambridge and Somerville.

Social Venture Partners Boston chooses worthy nonprofits in which to invest financial and volunteer help from a network of highly skilled business professionals. With Social Venture Partners Boston’s support, these nonprofits grow an average of 40 percent annually. That’s four times the Massachusetts average.

Over the next three years, Social Venture Partners Boston will provide Enroot with $100,000 in unrestricted funds and access to a pool of highly skilled business professionals to help the organization build capacity, refine its program model, and achieve its strategic growth objectives.

Social Venture Partners Boston operates like a venture capital model for local early-stage nonprofits. It gives Partners—or volunteers—the opportunity to invest their time, money, and expertise in innovative nonprofits that have the potential to make meaningful and sustainable improvements in the community.