Business
Propellus Launches Dedicated Capital Platform to Fuel Growth of Women-Owned Businesses
Formed to provide women-owned businesses with access to a diversified suite of alternative capital solutions Propellus, Inc. (OTCBB:PRPS) RED BANK, NJ, UNITED
About this update from Propellus Inc.
[{"type":"text","content":"Formed to provide women-owned businesses with access to a diversified suite of alternative capital solutions Propellus, Inc. (OTCBB:PRPS)RED BANK, NJ, UNITED STATES, May 14, 2026 /EINPresswire.com/ -- Propellus Inc., an Oklahoma corporation, (OTC PINK: PRPS), an alternative finance company that specializes in assisting small businesses with their cash flow needs, has formed Propellus Founders Fund, Inc., a wholly owned subsidiary that will be dedicated to providing women-owned businesses with a diversified suite of alternative capital solutions to fuel their growth. “Women own 14.5 million businesses in the United States — nearly 40% of all companies in the country. These businesses employ almost 13 million people and generate $3.3 trillion in revenue annually,” stated Ralph Johnson, CEO. “Of the $289 billion in global venture capital deployed in 2024, just 2.3% went to female-only founding teams — while 83.6% went to all-male teams, creating a tremendous niche opportunity in this market segment”, added Johnson. Propellus Founders Fund, Inc. has appointed Jacqueline Relke as Chief Investment Officer. Ms. Relke brings a rare combination of capital markets expertise and a deep commitment to empowering female founders from startup to capitalization. She launched her career at age 21 on the trading floor at CIBC Capital Markets, where she managed over $500 million in equity derivative structured product sales and was instrumental in her team surpassing $1.2 billion in annual sales. Following her capital markets career, Ms. Relke founded JW Consulting Inc. and created The JW Method, a company dedicated to helping female founders build, scale, and capitalize their businesses. She subsequently developed Million Dollar Ventures™, the first venture capital-aligned educational and funding platform designed to take female founders from startup to capitalization and has built her career around closing the funding disparity gap facing women-owned businesses. Her appointment signals Propellus Founders Fund’s commitment to pairing alternative capital solutions with leadership that understands — firsthand — the challenges women entrepreneurs face. “Women-owned businesses are the most underfunded asset class in the global economy,” said Ms. Relke. “The data is unambiguous — women are starting businesses at a record pace, yet they remain systemat...