“I believe there is incredible investment potential in minority entrepreneurs. More often than not, Milestone’s clients achieve good financial results. When we invest in minority-owned companies, we initiate a 'ripple effect' that first impacts the business owner. With growth, minority-owned companies hire people and with success, they give back to the community and become inspirational role models for others. This ripple effect is strong enough to continue beyond minority communities to touch us all. That’s why Milestone exists.”

Esperanza Guerrero-Anderson, Milestone Founder

About Us

Founded in 1990, Milestone Growth Fund began with a modest $1.3 million to invest in small minority-owned businesses. Now nearly 20 years later, Milestone continues to be the only Minnesota venture capital fund that is focused on providing equity type financing to minority-owned companies.

Milestone has always been focused on helping minority entrepreneurs that are too risky to secure bank financing or too small for regular venture capital firms. Through financing and management assistance, we initiate a " ripple effect " in minority communities. When minority entrepreneurs grow their businesses, they hire people, improve local economies, increase the local tax base, encourage solutions to social problems, and inspire others to pursue the American dream.

Our team, clients, and incredible partners and contributors have all helped in making Milestone’s history rich with success - working together will guarantee our future.