T.D. Jakes’ investment arm buys tech company to aid entrepreneurs

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T.D. Jakes Enterprises has acquired a tech company that’s helping power e-commerce for underrepresented and under-resourced entrepreneurs. The social impact...

Dallas Megachurch Pastor T.D. Jakes at the Good Soil Forum Seed Pitch Competition, June 14, 2024 at the AT&T Performing Arts Center in Dallas, Texas.The social impact holding company led by the Dallas megachurch pastor announced this week a deal for Castiron, an online services startup that provides a marketplace for artisan cooks. With the acquisition, T.D. Jakes Enterprises adapted its technology to create Nourysh as a separate marketplace.

“In today’s digital era, providing accessible technology solutions is crucial for equitable economic growth,” said Michael Phillips, chief operations officer of T.D. Jakes Enterprises. “Our mission with the Good Soil Movement is to empower one million businesses to reach at least $1 million in revenue on their entrepreneurial journey.”Two fintech founders made millions facilitating PPP loans.

 

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