12 Angels Evergreen Fund is funded and managed by a group of entrepreneurs and venture capitalists who observed the transformative process recovery has on addicts and alcoholics. Many recovering addicts and alcoholics have gone on to become top business leaders, hedge fund managers, social entrepreneurs and venture capitalists.
Many of these top business leaders have kept their recovery hidden from their colleagues for fear this information will add a level of uncertainty to their roles as fiduciaries. Addiction costs the United States over a one-half a TRILLION dollars a year. Our supporters, managers and partners believe we can reduce the damage addiction does to our economy and our society by using a combination of micro-finance, community development, executive mentorship, leadership training and venture capital.