Endurance Biz: USA Cycling gets ‘new breed of investment’ from Pro Cyclist Foundation and Black Swift Group
The Pro Cyclist Foundation, with funding support from Black Swift Group, is leading a ‘new breed of investment’ to support the USA Cycling Foundation and other cycling focused organizations.
Black Swift is a Boulder, Colorado-based SEC-registered investment firm. It is working with the Pro Cyclist Foundation, which has a mission to provide support on and off the bike for athletes to achieve the highest goals in the sport.
While the non-profit foundation was built to provide all levels of support – including wellness, career and overall guidance for athletes – it is developing a new funding model with Black Swift.