Earlier this month, Senators Max Baucus (D-MT) and Orrin Hatch (R-UT), the Chairman and Ranking Member of the Senate Finance Committee, wrote to their Senate colleagues asking for comments and feedback on tax reform. In the letter, Senators Baucus and…
The CDFI Coalition sent a letter to the CDFI Fund regarding the certification/recertification process on March 21, 2013. The Coalition requested that the CDFI Fund take steps to ensure that no CDFI was de-certified without notice of potential deficiencies in…
SJF Ventures conducted the final closing on its third fund with more than $90MM in capital commitments, tripling the size of the previous $28MM second fund. The target for SJF Ventures III was $75MM and the fund was substantially oversubscribed at its final…
Social Impact Bonds (Pay for Success) offer an attractive alternative to the status quo of paying for programs instead of results. Despite our best efforts, the poverty rate today is roughly what it was when the War on Poverty began…
Bridges Ventures (Bridges) and Big Society Capital have today announced the launch of the Bridges Social Impact Bond Fund. The first of its kind, the fund will invest in charities and social enterprises to deliver programmes designed to improve social…
The Case Foundation announced today that Sean Greene has joined the organization as Entrepreneur in Residence. Having spent more than 20 years as an entrepreneur and investor, Mr. Greene most recently served as Associate Administrator for Investment and Special Advisor…
Several of our member funds, as well as some bank investors, have asked us about the effect of the Financial Stability Act of 2010 (“Dodd-Frankâ€) on the ability of banks to invest in  CDVC funds.  This post answers that question…
 London, KY and Oak Ridge, TN – Meritus Ventures will be featured on an episode of Business Update this coming Sunday, April 21, 2013 at 5:00 p.m. EDT on Fox Business Network. Meritus Ventures is the only Rural Business Investment Company (RBIC)…
Meritus Ventures is a $36.4 million venture capital fund formed to make equity investments in private, expansion-stage companies in rural areas of central and southern Appalachia. Meritus provides operational assistance to portfolio companies and prospective portfolio companies. Meritus makes investments…
Congratulations to Grady Vanderhoofven, co-founder and co-manager of two venture capital funds–Meritus Ventures (Meritus) and Southern Appalachian Fund (SAF)–who has accepted an invitation to serve on the Yale University School of Engineering & Applied Science Leadership Council led by T.…