CDVCA News
New investments: CDVCA's Central Fund made its first international investment in the CDVC fund Bridges Ventures. Based in London, Bridges invests in businesses in the the most deprived areas of the UK. Read more about the fund here and here.
Public policy update:
Congress appropriated $94 million for the CDFI Fund in FY2008. This amount is almost $40 million more than last year's appropriation and the highest amount since 2001. Read more here.
Research: CDVCA has released a report documenting the successes of the New Markets Venture Capital (NMVC) Program. Click here to download (PDF).
CDVC Industry Stats: |
Events
CDVCA's 2008 Annual Conference took place on March 27-28, 2008 at the Embassy Suites Hotel in New York, NY. This conference is the premier training and networking event for anyone interested in community development venture capital (CDVC). A one-day training workshop entitled "Double Bottom Line Investing: An Introduction to the Community Development Venture Capital Approach" preceded the conference on March 26, 2008.
Need Capital?
Are you a small business dedicated to both growing your company and improving your community? There are over 60 CDVC funds actively making equity investments in businesses in economically distressed areas in the United States and around the world. Click here to search for a CDVC fund located in your area.
EmploymentLooking for work in the CDVC industry. Check out our job bank. |
About Us
CDVCA is the network for the rapidly growing field of community development venture capital (CDVC) investing. CDVC funds provide equity capital to businesses in underinvested markets, seeking market-rate financial returns, as well as the creation of good jobs, wealth, and entrepreneurial capacity.
CDVCA promotes the field by combining advocacy, education, communications, and best-practice dissemination through conferences and workshops. CDVCA makes its expertise available to CDVC funds by providing consulting services and technical assistance.
CDVCA also manages its own investment vehicle, the Central Fund. The Fund specializes in
identifying areas with untapped market
potential, investing in rapidly growing
businesses across diverse industries. |
