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"By financing minority-owned businesses, we are able to initiate a long-term ripple effect that reaches far and wide within the community - one that brings communities and businesses together to help the community advance and work together to end overt and subtle racial discrimination." Esperanza Guerrero-Anderson,
Milestone Founder
Milestone Growth Fund understands the widespread needs within our community. We also see the potential that exists in minority entrepreneurs to help their communities and the larger Twin Cities community. Repeatedly we see the positive results that Milestone clients achieve through their thriving businesses. Our portfolio clients become business leaders - they join community boards, solve local problems, and even start their own social initiative to help their communities. We are experienced financial managers. Milestone consistently receives unqualified examination reports from the SBA and unqualified opinions on our financial statements from auditors. We are selective in choosing minority-owned businesses to receive financing, we manage our finances well, and we retain pro-bono services for Milestone and its clients on a regular basis. Funds that are raised now will be well managed to ultimately impact society positively long-term. Plus, Milestone does not request contributions every year, and 100% of what is received as capital contributions is provided to minority entrepreneurs. Milestone's overhead and salaries are paid for with money we generate ourselves. |
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