Supporting Social Enterprise

We are dedicated to growing the sharing economy and social enterprise sector in Virginia through the financial and programmatic support of our charitable 501(c)(3) organization.

UVEF provides enterprise development training, micro-lending and social enterprise development advocacy for the “Common Good for the Commonwealth.”

About

United Virginia Education Fund is a 501(c)(3) organization founded in 2009 that supports under-resourced entrepreneurs and communities and the social enterprise sector through micro-lending, grants, organizing and advocacy.

Our business plan is inspired by the teachings and work of Muhammad Yunus and Gar Alperovitz, one of the founders of the Democracy Collaborative and the Community Wealth Building movement.

We are one of the leading Kiva Trustees in the United States and recently led the formation of the Virginia Chapter of the Social Enterprise Alliance.

Current Program

Our new program in development is called "founderFWD", which fiscally sponsors innovation-focused founders working on experimental projects.

We collaborate with our technology partner, oTrep, to help them create rewards-based grant funding campaigns that target aligned fans/supporters, angel investors, and corporate partners in exchange for a variety of perks and early access to future fundraising events.

More information will be released in December 2021.

Past Programs

United Virginia Education Fund supports under-resourced enterprise owners across the Commonwealth. In October 2017 UVEF was named by Kiva as one of 90 "Top Trustees" out of 3,000+ trustees across the United States because our repayment rate exceeds 92% across $10,000+ of repayments. As a result, UVEF qualifies to endorse community-backed loans in Kiva's new $25,000 Crowdfunded Loan Program.

In addition to social financing through Kiva, UVEF has provided $100,000+ in micro-lending from its own fund. Peer loans for as much as $5,000 have been provided through programs produced in Martinsville, South Boston, Petersburg and Richmond, Virginia. Our microenterprise development programs have been sponsored by various public and private partners including the Virginia Department of Housing and Community Development and the U.S. Department of Agriculture's Rural Entrepreneurship Program.

Examples of successful UVEF borrowers in our micro-lending operation include Karen Wilson the owner of Karen Wilson Natural Beauty, a natural hair care business, and Taliah Muhammad, the owner of Sister Taliah’s Naturals whose fair trade enterprise now has distribution in Whole Foods.

Since 2014 we have sponsored and organized RVA Social Entrepreneurs producing and promoting events with a community of 300+ passionate entrepreneurs in the Richmond Region committed to the belief that enterprises can be vehicles for positive social change.

In addition, we organize and support community wealth-building initiatives by driving human, social and financial capital. During 2017, UVEF led the successful formation of the Virginia Chapter of the Social Enterprise Alliance of which we are a founding member. This year SEA membership in Virginia has grown from three members, one each in Hampton Roads, Fredericksburg, and Harrisonburg to a board-led chapter with 15 individual and organizational members across the Commonwealth - now including members in Richmond, Staunton, Lynchburg, Roanoke and the DC region.

UVEF also recently sponsored a statewide Strategic Planning Study for the growth of Virginia’s social enterprise sector.

We are one of the leading Kiva Trustees in the United States and recently led the formation of the Virginia Chapter of the Social Enterprise Alliance.

Partners

UVEF partners with numerous public and private organizations that have been supporters including:
– SEEDstudio
– Association for Enterprise Opportunity
– Capital One
– Community Foundation of Richmond and Central Virginia
– Enterprise Virginia
– RVA Works
– Small Business Development Centers (Greater Richmond/Longwood)
– Social Enterprise Alliance
– United States Department of Agriculture
– VCU Wilder School of Government and Public Affairs
– Virginia Community Capital
– Virginia Cooperative Extension
– Virginia Department of Housing and Community Development
– Virginia Interfaith Center for Public Policy

The Team

Click pictures to view LinkedIn profiles

Rob Martin, Board Chair & Executive Director

Charles Ajemian, Board Director & Treasurer

Ayanna McMullen, Board Director

Contact Us

Please fill out the contact form below to get in touch.

Also feel free to connect with us on Facebook and Twitter as well!