End-of-Year Report

VELA’s Impact in 2021

VELA met the moment in 2021, awarding more than 780 grants totaling over $8 million to everyday entrepreneurs in every corner of the country. Overall, 53% of our grantees identified as people of color, 45% identified as entrepreneurs, and 52% led nontraditional learning environments.

We created this end-of-year report to summarize VELA’s first full year in operations, and you can also explore the accompanying microsite. As you’ll see, we’re just getting started!

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Learn more about VELA’s progress and impact:

VELA 2021 End-of-Year Microsite