Category: CDVCA Ventures Blog

CDVCA awarded $50M from the 2019 New Market Tax Credit allocation.

CDVCA awarded $50M from the 2019 New Market Tax Credit allocation.

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 program, run by the U.S. Department of Treasury’s CDFI Fund. CDVCA has a long history…

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Investing in Start-up Puerto Rico

Investing in Start-up Puerto Rico

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 surfaces as a hopeful sign amidst a sea of small businesses that have shut down…

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Covid19 Economic Crisis and the role of Community Development Venture Capital (CDVC) in supporting the recovery.

Covid19 Economic Crisis and the role of Community Development Venture Capital (CDVC) in supporting the recovery.

“What is the role of Community Development Venture Capital (CDVC) in supporting entrepreneurs and small businesses and supporting a recovery that is inclusive of all communities and people.” This is a very uncertain and trying time. On a daily basis the goal posts change, impact metrics become more profound and re-opening of the economy moves…

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Cost of Turnover Tool

Cost of Turnover Tool

How much does worker churn cost your business? A large and growing body of research shows that turnover is a significant expense to firms. But how do you calculate this cost, and what do you do with what you learn? Putting a dollar figure on the annual financial impact of losing and rehiring workers at your company…

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Public comments for New CRA Guidelines due March 9, 2020

Public comments for New CRA Guidelines due March 9, 2020

The March 9 deadline is fast approaching for members of the public to submit comments to the Office of the Comptroller of the Currency (OCC) and Federal Deposit Insurance Corporation (FDIC) regarding proposed changes to the Community Reinvestment Act (CRA) regulations. OFN has published our draft recommendations so community development financial institution (CDFI) supporters can…

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CDVCA 18th Peer Group Meeting

CDVCA 18th Peer Group Meeting

The 18th Peer Group meeting has been confirmed for April 1 – 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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