Dayton economic development group launches new fund for entrepreneurs

Rotunda Fund Logo new investment fund

A Dayton-based economic development group has launched a new fund to help local entrepreneurs and small businesses gain access to capital.

The Entrepreneurs’ Center (EC) announced Wednesday the “Rotunda Fund” — a revenue-based investment fund dedicated to clients of the Dayton organization. Described as the first of its kind for investors and entrepreneurs in the Dayton area, the Rotunda Fund does not require business owners to give up a percentage of their companies. Instead, the investment is paid back monthly as a negotiated percentage of sales over a period of five years, or at a 2x return to the fund.

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Story excerpt provided by Dayton Business Journal.

Written by John Bush.

Originally published December 6, 2021.

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