NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Science and technology-based innovations are essential to positive social and environmental impact. However, for startups building such solutions, access to finance is a significant challenge. Lack of access to finance not only impedes their ability to scale, but also limits the positive impact they can create. Caspian Debt (A B-Corp certified lender) and Villgro jointly created a program to enable fast-track access to non-dilutive small ticket financing for early-stage, technology-driven social enterprises. We aim to solve problems around accessibility to debt funding and to help enterprises build a strong credit history.