Capital Stack
Braided funding model
No single payer. State and local dollars anchor the stack, unlocking federal, philanthropic, corporate, and earned-income capital across the full platform.
No single payer. State and local dollars anchor the stack, unlocking federal, philanthropic, corporate, and earned-income capital across the full platform.
Approximately 10% of total operating requirement — the anchor that unlocks $36.7M in non-state capital. Each state dollar unlocks roughly $9 in outside funding.
"No single payer. A portfolio revenue strategy that caps overreliance on any one source category."
Capital Stack StrategyNSF INCLUDES, DOL workforce grants, ED STEM/CTE programs, Perkins V pathways.
National and regional foundations, community funds, and impact investors.
Employer-sponsored training, sector partnerships, and apprenticeship funding.
Fee-based programs, facility rental, consulting, and service contracts.
The anchor capital — state appropriations and local government investment.
Overreliance on one source could create vulnerability.
Cap reliance on any one source. Diversify across 5 capital streams.
Scaling before systems are stable could compromise quality.
Phase growth only after flagship site and dashboards are stable.
Join the capital stack as a state partner, corporate sponsor, or individual donor.