Women’s Led Opportunity Funds Taps Into An Urban Success Story

Aclyd
WIFAXVC
Published in
2 min readMay 2, 2019

WIF AX Women’s Innovation Fund Accelerator is Adding A Key Advisor — David Ollila — Who Leads One of the Country’s Greatest Urban Entrepreneur Projects Based in Flint Michigan.

“Tackling issues in an urban area is a challenge, and we were especially drawn towards David’s ability to not only lead the renovation of a major landmark; but moreover, his ability to create an economic revival by tapping into the entrepreneurial talents of the community. Creating factories leads to jobs and employment. But creating an environment where great ideas turn employees into employERs — creates wealth. I can think of no better outcome for an opportunity zone than to transform creative minds into employER opportunities,” says WIF AX Co-Manager Jessica Contreras.

WIF AX, LLC (Women’s Innovation Fund Accelerator) is an investment fund focused on building women-balanced organizations within Qualified Opportunity Zones.

“Joining the WIF AX VC team as an advisor is both an honor and incredible opportunity to share the lessons we have learned in Flint to make a much broader impact across the country. We have found that when you focus on ideas from the unusual suspects, in overlooked areas, you can drive economic growth in ways unimaginable. If talent is equally distributed throughout the world, it’s imperative to ensure the opportunity is as well,” says WIF AX advisor, David Ollila.

“Renovating a building is a challenge. Setting the bar even higher by creating an environment within that building which allows entrepreneurs to transform business plans into reality, is an experience which we value and strive to duplicate within our opportunity zones projects across the nation. ” Says WIF AX Manager, Barbara Bickham.

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