With support from the Puerto Rican government, CDVCA has launched a new program, Unlock Capital, to help Puerto Rican entrepreneurs attract startup and growth risk capital. CDVCA officially introduced the first 11 businesses selected to participate in the program on May 11, 2022, at a meeting at the Puerto Rico Science…
After more than two years meeting virtually, CDVCA New York and Puerto Rico-based leadership returned to San Juan to meet in person with managers of the business investment funds CDVCA has invested in through the Puerto Rico Fund for Growth (PRFG), a $45 million fund of funds managed by…
The Analyst’s primary responsibility will be assisting in the management of existing and growinginvestment portfolios. See the Analyst job description by clicking on Get Involved and Opportunities.
Unlock Capital is a new CDVCA program for founders and executives in growth-oriented businesses seeking investment capital. Unlock Capital offers education, mentoring, technical assistance, and other services to help businesses attract investors and raise capital. Services are provided both virtually…
CDVCA is pleased to announce our investment in Serionix, a developer and manufacturer of innovative HVAC air filter systems. Initially developed for use in space suites and the International Space Station, Serionix’s smart coating technology removes toxic chemicals and odors from the air while simultaneously killing viruses, bacteria and mold, and the filters change color when they need to be replaced. Serionix, is headquartered…
Modern Mill, Inc. is a Fernwood, MS-based manufacturer of a sustainable wood-alternative product (ACRE), an innovative replacement for tropical wood. ACRE is manufactured through a patented process using rice husks, which farmers would otherwise discard, and other proprietary additives. The company provides high quality manufacturing jobs…
U.S. Treasury program awards $5 billion to promote economic growth and job creation in distressed communities across the country New York, New York – September 1, 2021 – The Community Development Venture Capital Alliance (CDVCA), a nationally recognized leader in…
With more than 35 years in the investment industry, Myrna Rivera brings to CDVCA’s board deep experience with national capital markets and specific understanding of the Puerto Rican finance ecosystem New York, New York – August 12, 2020 – The…
We are pleased to announce that Community Development Venture Capital Alliance (CDVCA) has received $50 million in New Market Tax Credits (NMTC) allocation to make business investments in underserved communities. The tax credit allocation is part of the highly competitive federal NMTC…
Ernesto Villarini Baquero evillarini@cdvca.org I was happy to read about Parallel 18’s latest group of startups and listen to each company pitch during their recent virtual kickoff event. Generation 8 is the accelerator’s first all Puerto Rican cohort and it…