Enlightenment Capital invests in PM Consulting Group | Enlightenment Capital
Summary
“We can now accelerate growth through acquisitions, access key executives with recognized industry experience, and expand our service offerings for our clients,” PMCG Founder and CEO Walter Barnes III told me via email. “Our strategic partnership will allow us to leverage Enlightenment’s vast experience and network in the market as well as attract top talent.” Barnes spoke with us in January 2021 for this episode of our Project 38 podcast that includes discussion of what small businesses should keep in mind as they prepare to increase in size. International development is poised to be a key focus area for PMCG amid the global geopolitical environment, as well as the financing of climate change initiatives being a lead agenda item for many countries. Barnes said the ongoing war in Ukraine is bringing “obvious urgency and starkness” to many of the challenges requiring “mediation, dialogue facilitation, and finding common ground to compensate for sustainable peace.” “There is a concerted effort to renew commitments by world-leading international development stakeholders to localization, where they shift more leadership, ownership, decision making, and implementation to the local people to help build their capabilities, coordination, and accountability to effect change in their communities,” Barnes added in his email to me. “PMCG provides the solutions and complex program management services to tackle these pressing challenges head on—our work ranges from providing rapid response cybersecurity solutions that combat cyber breaches and threats to implementing localized agricultural and food safety programs that combat climate change and hunger.” Enlightenment is undertaking this partnership with PMCG through the former’s Small Business Investment Company fund, which offers selected investors venture capital funding in the form of loans backed by the Small Business Administration.