BlackRock launches Social Impact fund

October 16, 2015  |   CDVCA Ventures Blog   |     |   Comments Off on BlackRock launches Social Impact fund

In October of 2015, BlackRock, Inc. announced the launch of the BlackRock Social Impact fund. Led by Black Rocks Scientific Active team, the BlackRock Impact Fund consists out of equity securities in companies targeting competitive market returns and aggregate social impact outcomes. The fund arrives at a time when impact investing is gaining traction as investment banks attempt to meet an increasing demand for profitable investments that generate social benefits .A few months prior, Bain capital followed announced the launch of a similar impact fund led by former Massachusetts governor Deval Patrick. Other major financial firms such as JP Morgan Chase, Morgan Stanley, HSB, Citi and UBS have launched similar initiatives, assigning entire units to social impact investing. The development reflect increased belief in the business case for the generation of financial returns alongside social value.

Omidyar releases report on early stage risk capital in emerging market

October 16, 2015  |   CDVCA Ventures Blog,Research   |     |   Comments Off on Omidyar releases report on early stage risk capital in emerging market

On October 7, 2015, Omidyar Network published a report named “Frontier Capital: Early Stage Investing for Financial Returns and Social Impact in Emerging Markets”. The report offers a strategic guide to how investors can achieve financial returns and social impact through early stage risk capital in emerging markets. Drawing from data analysis and interviews with top investors, report highlights investment opportunities while offering insight to which investment opportunities are best for particular portfolios.

Rural Business Investment Company Webinar

October 09, 2015  |   CDVCA Ventures Blog   |     |   Comments Off on Rural Business Investment Company Webinar

The Rural Business Investment Company (RBIC) is hosting a complimentary webinar on Thursday, October 15, 2015 3 - 4:15 p.m. ET, inviting participants to get an insiders view of the program. CDVCA member Meritus Ventures was the first ever RBIC and was the only RBIC prior to 2014. Today there are two RBICs (Meritus and Advantage Capital Agricultural Partners, which was licensed in 2014), with two more conditionally approved RBICs (Meritus Kirchner and Innova, both of which were conditionally approved in April 2015) and several more funds in various stages of formation. The RBIC program boosts growth and job creation in rural America by providing capital to innovative small rural businesses. The webinar invites participants to learn how the program works, potential business opportunities and why fund managers commercial banks, and other credit institutions choose to invest in these funds.   Learn more

Pacific Community Ventures Hires New CEO

October 07, 2015  |   CDVCA Ventures Blog,Member News   |     |   Comments Off on Pacific Community Ventures Hires New CEO

On Tuesday October 6th, Pacific Community Ventures sent out an introductory letter from their new CEO. Mary Jo Cook joins Pacific Joint Ventures from Fair Trade USA. A Mission driven leader with 25 years of experience in strategy development for the non-profit sector, Ms Cook has a track record of enabling organizational change, and driving growth. In her letter, Ms Cook expressed her commitment to empowering small businesses.

Bridges ventures releases investigative report on B corps

October 05, 2015  |   CDVCA Ventures Blog   |     |   Comments Off on Bridges ventures releases investigative report on B corps

More than 1400 companies around the world are already certified B corps. This month, as the B Corp movement officially hit the UK, the Bridges Ventures released a paper to provide an investors perspective on the growing movement. Entitled “To B or not to B”, the paper aims to shed light on the opportunities and challenges presented by the B corp movement.