In 2022, Spring Mountain Capital launched a Social Impact investment strategy that attempts to leverage the Opportunity Zone legislation to continue SMC’s history of opportunistic, flexible, and progressive investing while positively impacting historically overlooked communities. As we focus on Opportunity Zones in and around the Greater Harlem region, we call our strategy the West Harlem Innovation Network – or “WHIN” for short.
Unlike many Opportunity Zone investment strategies, WHIN is not focused on real estate assets, but rather how its investments in Opportunity Zones can have a positive Social Impact on the community. Instead of funneling capital into rehabilitating and repurposing buildings, WHIN invests in businesses that seek to mitigate the disproportionate health, educational, and socioeconomic outcomes in historically underinvested communities.
To achieve this mission, WHIN invests across the growth cycles of dynamic and innovative companies in four synergistically-related sectors – Life Sciences, Education, Amplifying Technology, and the Food Ecosystem.