In 2019, Capital Impact Partners awarded $25,000 to the Independent Drivers Guild through its Co-op Innovation Award. The award will help IDG members - mostly made of immigrant entrepreneurs - launch a purchasing cooperative as a means to make bulk purchases for key services as a way to get lower pricing from suppliers. For example, it is cheaper to buy 100 cars as a group then individually. By combining their needs, drivers can reduce expenses including dash cameras, car washes, fuel, oil changes and car repairs.
