USAID - Village Capital PACE Initiative

Village Capital and USAID to launch the World’s First and Largest Peer Selected Venture Capital Venture.

PACE - Village Capital Initiative

In collaboration with the Sorenson Impact Fund and Chilton Capital, the Lab is supporting an impact fund that will allow Village Capital to drastically scale its entrepreneurship programming in the agriculture, education, energy, financial inclusion, and health sectors. Since 2009, Village Capital has supported 400 enterprises in 27 business assistance programs in the US, East Africa, India, China, Brazil, and Europe. Village Capital’s signature innovation in these programs is the peer-selection process—a democratic approach that empowers entrepreneurs to participate in allocating capital to the most promising ventures addressing marginalized populations and global environmental challenges. To date, Village Capital has facilitated $2 million in investments in 41 peer-selected companies. These companies have raised nearly $40 million in follow-on capital, have served nearly 600,000 customers and beneficiaries, and created over 5,500 jobs.


  • United States Agency for International Development (USAID)

    Funding Agencies
    United States | Staff size: Unknown

    USAID is the lead U.S. Government agency that works to end extreme global poverty and enable resilient, democratic societies to realize their potential.

    U.S. foreign assistance has...

  • Village Capital (VilCap)

    Investment & Finance
    United States | Staff size: 26-50

    Village Capital is an organization that creates the space for entrepreneurs to work together across the boundaries of their organizations, to help lift one another’s performance. By...

  • Chilton Capital Management LLC

    Staff size: Unknown
    Chilton Capital Management LLC is a Registered Investment Advisor (RIA) based in Houston, Texas founded in 1996. We are an equity and fixed-income manager providing investment services to financial...
  • Sorenson Impact Foundation

    United States | Staff size: 26-50

    The Sorenson Impact Foundation funds a variety of worthwhile endeavors including charitable, educational, scientific, environmental, health care and religious purposes. Of primary interest are...

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Key Information

  • Start Date 2014
  • End Date 2018
  • ValueUSD 17.6 Million