“Locol minimizes the cost of freelance work for small businesses and maximizes the profit for prospective student employees.”
Locol is an innovative freelance marketplace that will meet the needs of an under-addressed sector of the market: connecting working students to small businesses. Locol hopes to minimize the cost of freelance work for small businesses and maximize the profit for prospective student employees. Through an easy-to-use digital platform, we’ll effectively streamline the hiring process by tailoring to the needs of both groups and taking a locally organized approach to connect those in their community together.
About Founder | LinkedIn |
Mateo Delaguila is a proud first-generation college graduate, raised in a single-parent household by an immigrant mother. While his childhood was filled with painful and disappointing experiences, he never lost hope of what his life could be. Over time Mateo has learned that his resiliency was a superpower, one that has shaped how he shows up as a founder. The journey of creating his own company has not been easy by any means, but he takes pride in his strong work ethic and ability to face these challenges head-on. It led him to become the only student founder at the prestigious Bank of America Breakthrough Lab and to be selected for the Blackstone Launchpad Fellowship. These opportunities have opened the door for experiences with other founders and mentors to learn how to grow and scale his business. He recently shared, “as entrepreneurs, our biggest strength is our support for one another in our ventures. While things may sometimes feel uncertain as we pursue our businesses and dreams, that uncertainty is what fuels our growth into something greater.”
As an impact fund manager focused on bridging the wealth gap in the US, Inicio Ventures increases Latinx participation and success in the startup economy by supporting and investing in startup leaders that identify as Hispanic.
The average wealth for Latinx families is less than $8,000, while the US average is closer to $150,000
Latinx-led startups as an aggregate have never received more than 2% of venture capital or impact investing capital
There continues to be very few venture capital and impact investing professionals who identify as Hispanic
This reflects the magnitude of the opportunity our investments and programs have to build Latinx wealth
We are just getting started and are incredibly proud of the founders and fellows we support
DEI talent strategies are an important component to our portfolio
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Generation 1: Equity Fund
Launchpad: Grant Fund
Join us in growing the Latinx startup ecosystem