Youth-led Palorah Capital helps students launch nonprofits - Eden ...
Imagine being a high school student with a promising idea for a new nonprofit organization. Now imagine not knowing where to start to turn that dream into reality. How do you plan? Who might donate? What resources will you need to carry out the group’s goals? 
Now, students with a big idea don’t have to wait, wonder or worry. That’s thanks to Palorah Capital – a consulting group created by students, for students – that helps launch or expand 501(c)(3) organizations by offering guidance on free marketing, funding, and other valuable resources.
The Story Behind Palorah Capital
“Students want to make a difference,” said Paras Nemani, COO of Palorah Capital and a junior at Eden Prairie High School. “That’s why we created the first-ever consulting firm for youth-led organizations that want to create positive change.”
The idea of Palorah Capital originated from experiences at speech and debate tournaments where the founders noticed the challenges faced by students from different backgrounds due to lack of resources. This led to the birth of an organization that provides free resources to empower other students.
Empowering Youth-led Initiatives
Although Palorah Capital doesn't provide financial assistance, it connects students to valuable intellectual capital to help them raise funds, enhance their social media presence, and grow their organizations.
The team behind Palorah Capital, comprising students from Eden Prairie High School, offers a range of services including research, curated materials, virtual meetings, and more to assist youth-led nonprofits in achieving their goals. 
Expanding Reach and Impact
Over time, Palorah Capital's client base expanded beyond local groups. One success story includes Illness Not Weakness North Carolina (INW NC), an organization founded by Titas Mukherjee to advocate for mental health. The collaboration with Palorah Capital helped INW NC align its goals, enhance its online presence, and organize successful fundraising events.
Introducing PalorahAI
As client demand increased, Palorah Capital launched the “PalorahAI” app, which provides a personalized five-step plan for youth-led nonprofits to structure their initial 30 days effectively. This innovative app offers tutorials, quizzes, a calendar, and AI-powered assistance to help organizations thrive.
Empowering Nonprofits with Technology
PalorahAI leverages advanced artificial intelligence to understand the unique challenges faced by budding nonprofits and create tailored plans for success. The app's interactive features, tutorials, and personalized guidance set it apart as a valuable resource for those looking to make a positive impact in their communities. 
Recognition and Success
PalorahAI's impact was recognized through various accolades, including placing in the top three in the 2024 4th Congressional District App Challenge. The app has garnered active users and positive feedback for its role in supporting organizations like Reacher’s Organization, which focuses on empowering students in business and marketing.
For more information, visit palorahcapital.com. 
