New CDVCA Website Coming Summer 2022
New CDVCA Website Coming Summer 2022
Category News
CDVCA Celebrates Unlock Capital Businesses at Live Kick-Off Event
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…
CDVCA Dives Into PRFG 2021 Impact Outcomes with Fund Managers
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…
CDVCA Hiring an Analyst
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.
Myrna Rivera joins the CDVCA Board of Directors
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…
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…
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)…
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
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…
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…