Coralus Venture

Coralus provides 0% interest loans to women and non-binary-led ventures focused on creating a positive impact, fostering a supportive ecosystem for innovative entrepreneurs.
  • Coralus
Overview of the Coralus Venture program:

Founded in Canada in 2015, Coralus has expanded its footprint to include the US, Australia, New Zealand, and the UK. The organization has circulated nearly $19 million to over 190 women and non-binary-led ventures, with 45% of these founders coming from chronically excluded racial and ethnic groups. The payback rate on its unsecured 0% interest loans is 95%, reflecting the success and responsibility of the ventures supported. Coralus emphasizes collective decision-making, with community members, known as Activators, participating in the selection of ventures to fund. This approach democratizes funding decisions and fosters a sense of shared purpose and community involvement.

Benefits of the Coralus Venture program:
  • Access to 0% interest loans.
  • Inclusion in a global community of supportive entrepreneurs and Activators.
  • Opportunities for collaboration and shared learning.
  • Participation in a collective decision-making process.
  • Support in scaling ventures that contribute to systemic change.
Eligibility criteria of the Coralus Venture program:
  • Ventures must be women or non-binary-led.
  • Applicants should be working on initiatives that contribute to systemic change and align with Coralus's mission.
  • Ventures should demonstrate potential for impact and sustainability.
  • Specific eligibility criteria may vary; applicants should refer to the Coralus website for detailed information.
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