Glass Buildings

Empowerment & Inclusion
Capital I Corp.

Unique, Purpose-Driven Mission: To partner with a company making a positive difference in the world and support its growth to create value for all stakeholders


About Us

Empowerment & Inclusion Capital I Corp. (EICC) is a special purpose acquisition company (SPAC) with a unique, purpose-driven mission to partner with a company making a positive difference in the world and support its ongoing growth and success to create enduring value for all stakeholders.

We are seeking a partner that is focused on delivering products, solutions or services that move society forward, whether that means empowering people, advancing diversity and inclusion, broadening accessibility, increasing societal well-being or enhancing sustainability. We are industry agnostic, but firm in our belief that profit and mission can be mutually re-enforcing to help create a better, more inclusive world.

In further support of that mission, our sponsors – PNC and Jefferies – each intend to donate 100% of their respective founders shares and warrants to initiatives supporting the economic empowerment and inclusion of underrepresented groups. 


Investment Criteria

Consistent with our strategy and purpose-driven mission, we have identified the following criteria and focus areas to guide our evaluation of acquisition opportunities across industries.


Moving Society Forward – Empowerment, Inclusion, Accessibility and Sustainability

We are looking for a business partner that is helping improve the world, whether that means empowering people, creating a more inclusive society, helping make products or solutions more accessible, contributing to the health and well-being of society or improving sustainability. We seek a partner that shares our vision and belief in the value of diversity and inclusion, and believe there is an opportunity to move society forward while creating enduring value for all stakeholders. We see these opportunities happening across multiple parts of society and the economy, and as a result we are not limiting our search to any particular industry.

Strong Management Team

We seek to acquire a business with a strong existing management team that is aligned with our purpose-driven mission and focused on long-term value creation. Where appropriate, we will work with management to help advance diversity and inclusion initiatives at the company as we believe a diverse and inclusive management team and board are critical to driving long-term success.

Defensible Market Position

We will seek to acquire a business with a strong position in their target market as a result of a differentiated technology, proprietary intellectual property, strong brand recognition and customer reputation, privileged distribution capabilities or other competitive advantages.

Attractive Growth Prospects

We will seek to acquire a business that has the potential to grow organically as well as through acquisitions, including those enabled by the public stock currency created in the initial business combination. We will look for companies operating in industries with appealing long-term growth characteristics where incremental investment – either organic or from acquisitions—can be levered against favorable secular tailwinds.

Ability to Generate Strong Cash Flows

We will generally seek to acquire a business that has shown a history of generating strong and sustainable cash flows, but will be open to acquiring a business that, at the time of the initial business combination, is cash-flow negative so long as it has the potential to generate strong positive cash flows in the near future.

Benefit from Our Resources

We will seek to acquire a business that will benefit from access to the public capital markets as well as from the strategic advice our management team, board and sponsors can provide.

Sourced through Proprietary Channels

We will seek to acquire a business by leveraging our broad and diverse sourcing platform and do not expect to rely on a broadly marketed process to find a target.

These criteria are not intended to be exhaustive. Any evaluation relating to the merits of a particular initial business combination may be based, to the extent relevant, on these general guidelines as well as other considerations, factors and criteria that our management may deem relevant. In the event that we decide to enter into our initial business combination with a target business that does not meet the above criteria and guidelines, we will disclose that the target business does not meet the above criteria in our shareholder communications related to our initial business combination.