Next Street

Next Street

Supports underserved small businesses with capital

Overview

Next Street helps underserved small businesses across the United States by providing access to capital, expert advice, and networking opportunities. It designs programs—often with partners like DoorDash—to educate and develop local businesses, including the Accelerator for Local Goods for diverse consumer packaged goods brands. It earns revenue from consulting fees, program management fees, and partnerships that fund initiatives, with services that combine advisory support, capital pathways, and structured programs. Its differentiator is a mission-driven focus on underserved local businesses, cross-sector collaborations, and scalable programs that spur local economic growth, with the goal of expanding equitable access to resources to strengthen the communities they serve.

About Next Street

Simplify's Rating
Why Next Street is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Consulting

Government & Public Sector

Social Impact

Financial Services

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

null

Founded

2005

Get referred to Next Street

Find people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Verizon partners on Small Business Funding Marketplace via NXST Scale.
  • Ann Lewis hired as first CTO to enhance tech capabilities.
  • DoorDash Accelerator launched in 2022 supports diverse CPG businesses.

What critics are saying

  • Verizon or Mastercard cuts budgets, slashing 20% revenue in 12 months.
  • Stripe Capital encroaches with direct lending in 18 months.
  • SEC scrutiny shrinks impact investing deal flow by 2026.

What makes Next Street unique

  • NXST Scale powers NYC Funds Finder with Mastercard since 2023.
  • Certified B Corp since 2010 focuses on underserved small businesses.
  • Anti-racist core value established in 2022 via Inclusive Impact Committee.

Help us improve and share your feedback! Did you find this helpful?

Benefits

401(k) Company Match

Paid Vacation

Parental Leave

Flexible Work Hours

Professional Development Budget

Company Social Events

Company News

Blavity
Dec 6th, 2023
Bringing Balance To The System: How Mastercard Partnerships Supports City-Based Equity Focused Business Acceleration

Mastercard has partnered with Next Street and The NYC Department of Small Business Services (SBS) to develop NYC Funds Finder, powered by NXST Scale and the City of Birmingham's Department of Innovation and Economic Opportunity, two leading examples of how targeted initiatives and partnerships at the city level can change the trajectory of their communities.

Chronicle Online
Feb 5th, 2023
TCC partners with Verizon to offer training to small businesses | Local News | chronicleonline.com

In partnership with Next Street and LISC, the Verizon Small Business Digital Ready online curriculum is designed to give small businesses the tools they need to thrive in today’s digital economy, including access to personalized learning plans, coaching from experts, and networking opportunities with diverse, industry-specific businesses.

Next Street
Jan 24th, 2023
Reflecting on Next Street’s Journey as an Anti-Racist Institution in 2022

In 2019, Next Street officially launched its Inclusive Impact Committee (IIC) to focus those efforts; in the wake of events in 2020, Next Street intensified its commitment to long-lasting change as an anti-racist institution; and in 2022, Next Street named anti-racism as one of its core values.

QNS
Aug 30th, 2022
Queens Economic Development Corporation partners with Verizon Wireless

The Queens Economic Development Corporation (QEDC) is partnering with Verizon, Next Street and the Local Initiatives Support Corporation to offer a new online curriculum to local small businesses.

Next Street
Jul 5th, 2022
Next Street hires Ann Lewis as Chief Technology Officer and Partner

Next Street is pleased to announce that Ann Lewis has joined as Next Street’s first ever Chief Technology Officer and Partner.

Recently Posted Jobs

Sign up to get curated job recommendations

Next Street is Hiring for 3 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →