Washington, DC (April 7, 2025) – Village Capital has successfully concluded the Resource III accelerator program, an initiative designed to strengthen Entrepreneur Support Organizations (ESOs) that play a vital role in fostering small business growth and economic resilience across the United States. As part of this milestone, all ten ESOs from the cohort will each receive a USD 25K grant to scale their impact in their respective communities.
Over the past four months, Resource III provided participating ESOs with training, mentorship, and resources to enhance their capacity to support entrepreneurs. Through hands-on learning, peer networking, and tailored support, the program equipped these organizations with the tools needed to increase access to capital and opportunities for the founders they serve.
“Resource III has been an incredible journey of growth and collaboration. These Entrepreneur Support Organizations are making a real difference by equipping founders with the tools and connections they need to thrive,” said Alyssa Padron, Program Manager at Village Capital. “We’re proud to support their work and can’t wait to see how they continue to strengthen their communities.”
From strengthening local economies to revitalizing business districts, the ESOs in the Resource III cohort are driving meaningful change:
These are just a few of the ten ESOs that participated in Resource III, each working to expand opportunities and strengthen local entrepreneurial networks. With the USD 25K grants, these organizations will be able to scale their efforts and implement new strategies to build thriving ecosystems that support small business success.
To learn more about the ten ESOs and their approaches to fostering entrepreneurship in their communities, visit: https://vilcap.com/eso-programs
For more information, reach out to Yireth Villaverde at Village Capital (yireth.villaverde@vilcap.com).
About Village Capital
Village Capital is reinventing the system to back the entrepreneurs of the future. Known for its groundbreaking approaches to supporting founders who are building solutions to emergent social, economic, and environmental challenges, VilCap unlocks critical social and financial capital for early-stage companies to maximize business and impact growth.
Village Capital has operated in the US since 2009 by running close to 50 accelerator programs. VilCap has supported more than 570 startups from over 43 states and 23 entrepreneur support organizations (ESO) working in sectors such as financial health, health equity, justice tech, and sustainability. Learn more at www.vilcap.com and follow @villagecapital.
About Truist Foundation
Truist Foundation is committed to Truist Financial Corporation's (NYSE: TFC) purpose to inspire and build better lives and communities. The Foundation, an endowed private foundation established in 2020 whose operating budget is independent of Truist Financial Corporation, makes strategic investments in a wide variety of nonprofit organizations centered around two focus areas: building career pathways to economic mobility and strengthening small businesses to ensure all communities have an equal opportunity to thrive. Embodying these focus areas are the Foundation’s leading initiatives - the Inspire Awards and Where It Starts. Learn more at Truist.com/Foundation.