Category: CDVCA Ventures Blog

CDVCA 18th Peer Group Meeting

CDVCA 18th Peer Group Meeting

The 18th Peer Group meeting has been confirmed for April 2 – 3, 2020 in San Juan Puerto Rico. This is a closed-group meeting of fund managers. Please email cdvca@cdvca.org for further information

IRIS+ makes it easier for investors to translate their impact intentions into impact results.

IRIS+ makes it easier for investors to translate their impact intentions into impact results.

All investors and companies create positive and negative effects on society and the environment. Impact investors seek to maximize the positive and minimize the negative by using the IRIS+ system to integrate social and environmental factors into investment decisions alongside risk and return. Credible, comparable impact data are needed to inform impact investment decisions and…

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Big Investors Need to Change the Way They Do Business as the Impact Investing market is sized at $502 Billion

Big Investors Need to Change the Way They Do Business as the Impact Investing market is sized at $502 Billion

A Q&A with the GIIN’s Co-Founder and CEO, Amit Bouri Amit Bouri is the CEO and co-founder of the Global Impact Investing Network (GIIN), where he has championed the cause of impact investing over the past decade. Today, the impact investment market is sized at USD 502 billion. https://nextbillion.net/big-investors-need-change-amit-bouri/

How to Ensure Opportunity Zone Investments Strengthen Local Communities

How to Ensure Opportunity Zone Investments Strengthen Local Communities

For two years, investors and neighborhood leaders in cities around the country have responded to economic Opportunity Zones (OZs) with hope and hesitation. The policy, part of the 2017 Tax Cuts and Jobs Act, provides tax incentives for long-term investments in low-income census tracts. These incentives are meant to help disinvested neighborhoods, hungry for economic growth, attract new…

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Thinking About 2020: CDFI and NACA Program Pre-Application Webinar

Thinking About 2020: CDFI and NACA Program Pre-Application Webinar

As 2019 comes to a close, now is a great time to start thinking about preparing your organization for a fiscal year (FY) 2020 Community Development Financial Institutions Program (CDFI Program) or Native American CDFI Assistance Program (NACA Program) Application. The Community Development Financial Institutions Fund (CDFI Fund) is tentatively planning to open the FY…

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CDFI FUND RELEASES APPLICATION DEMAND FOR 2019 ROUND OF NMTC PROGRAM

CDFI FUND RELEASES APPLICATION DEMAND FOR 2019 ROUND OF NMTC PROGRAM

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that it received a total of 206 applications under the 2019 round of the New Markets Tax Credit Program (NMTC Program). The NMTC Program advances economic development in economically distressed communities by making tax credit allocations available to Community Development…

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Puerto Rico Fund for Growth invests in Semillero Investment Fund I

Puerto Rico Fund for Growth invests in Semillero Investment Fund I

The Community Development Venture Capital Alliance (CDVCA) is pleased to announce that the Puerto Rico Fund for Growth, L.P. has invested $4 million in Semillero Investment Fund I, LLC (“Semillero”), an agribusiness, private equity fund based on the island. Semillero will focus on investing in sustainable food and agriculture businesses with a view to substitute…

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CDFI Fund Releases Summary Report on NMTC Program

CDFI Fund Releases Summary Report on NMTC Program

The CDFI Fund recently released its summary report on the NMTC Program, providing an analysis of all reported NMTC investment activity and including breakdowns by sector, geography, and investment type (real estate vs. non-real estate; rural vs. metro areas). Of the investments made under the program, over 75% meet at least one category of Severe Distress*.…

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Tune in: Podcast on Small Businesses and First-time Fund Managers as true drivers of Economic Growth

Tune in: Podcast on Small Businesses and First-time Fund Managers as true drivers of Economic Growth

As a guest on Impact Alpha’s Return on Investment podcast, Village Capital President, Ross Baird, discusses his new book, “The Innovation Blind Spot,” making the case for small businesses as the true engines of economic growth and pointing to smaller funds and first-time fund managers that are outperforming their mainstream counterparts. To listen to the…

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NMTC Coalition publishes report on the impact of NMTCs on Rural America

NMTC Coalition publishes report on the impact of NMTCs on Rural America

The NMTC Coalition released its 2017 report on the impact of New Market Tax Credits (NMTCs) on Rural America. According to the report (relying on data from 2003-2014), the NMTC program has financed over 800 projects and generated almost 50,000 full-time jobs. Also, for the same period,  $4.8 billion in funding, or 27% of total…

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