Our Work & Purpose — Impact Investing Group

Practice Our Purpose.

Our Mission Statement

IIG aims to close the microbusiness gap in the southeast Michigan community.

By providing short-term debt investments, pro-bono consulting services, and a robust resource network to entrepreneurs, we aim to support entrepreneurs that face inequitable access to capital.

We also strive to motivate, empower, and educate undergraduate students about Impact Investing. With a strong emphasis on professional development, our members are exposed to business and impact with first-hand experience and learning opportunities.

There is a severely unequal distribution of microbusinesses around the country. ZIP codes with the highest poverty rates average 31.5% fewer microbusinesses per capita. High-risk communities often lack the local financial and social resources needed for entrepreneurial success, "robbing communities of the benefits of the ideas and efforts of thousands of promising entrepreneurs" - Stanford Innovation Social Review

Supporting microbusinesses is a crucial aspect of community development and growth. Here are some reasons why microbusinesses are important:

Responsible for 65-90% of job creation
Provide products + services tailored to locals
Occupy vacant storefronts and provide meeting spaces
Stimulate inflow of community services

The Micro-Business Gap

Putting Purpose to Work.

IIG practices a Growth Equity - esque operating model. Essentially, we provide low-interest “Impact” loans to small & impactful businesses and then work to growth our businesses through transformative consulting solutions.