CDVCA Programs
CDVC Hub
A Trusted, Diverse and Inclusive Network of Community Development Venture Capital Funds
Community Development Venture Capital Alliance’s CDVC Hub is a peer network of emerging and experienced fund managers. The CDVC Hub supports community development venture capital funds investing in businesses and entrepreneurs in low-income and marginalized communities seeking startup and growth-stage capital.
CDVC Hub Highlights
- 132 fund managers representing 27 states and Puerto Rico
- 82 funds and growing
- $3B in capital under management
- $1.4B invested in businesses
- Created and supported more than 15,000 quality jobs
- 32% of the fund manager members are women
- 75% of the fund manager members are minorities
- 90% of the funds prioritize investing in low-income and historically marginalized communities
- Largest network of community development fund managers in the nation driving economic growth and prosperity through quality job creation and workforce development
CDVC Hub Benefits
Through partnerships and grants, the Community Development Venture Capital Alliance (CDVCA) offers CDVC Hub members a host of professional services including fund management expertise and access to the greater community development venture capital ecosystem.
- Training and Workshops
- Educational Forums
- Virtual Webinars
- Peer-to-Peer Networking
- Limited Partner Access
- Personalized Support
- Specialized Consulting (including support for loan funds in transition to set up off-balance sheet venture capital funds)
- Government Program Specialist Support, including CDFI (Community Development Financial Institution) Fund, NMTC (New Market Tax Credit), SBIC (Small Business Investment Company), RBIC (Rural Business Investment Company), SSBCI (State Small Business Credit Initiative), and Federal Reserve CRA (Community Reinvestment Act) programs.
CDVC Hub Facilities
CDVCA, over the coming years will build out a suite of services specifically designed to support diverse and emerging managers get across the “finish line” of raising and launching their fund.
Multiple impediments restrict or hinder emerging managers, particularly those from diverse backgrounds, from successfully raising their fund. CDVCA seeks to address these challenges and through its proposed new financial facilities, support the CDVC Hub network through overcoming the following obstacles:
- Lack of track record as a GP and demonstrated financial returns or social impact.
- Limited financial resources to fund the management company and organizational costs, such as pay legal fees, marketing expenses and raising capital for the GP contributions.
- Limited access and exposure to private capital markets and LP’s
- LPA and LP relationships
- Build and manage due diligence of pipelines and management of dry powder for ongoing and follow-on investments.
- Term Sheets and investment committee best practices
Unlock Capital. Invested in Your Growth.
Frequently Asked Questions
Unlock Capital offers a suite of services, including education, technical assistance, networking and mentoring, for businesses seeking high-level support to attract growth capital. Our services are tailored for businesses with high growth potential to help them attract capital to fuel growth.
Unlock Capital features industry leaders and experts who provide workshops, webinars and one-on-one mentoring, including determining financial needs (i.e., raising the right investment capital), where to look for capital, fundraising strategies, due diligence, investment risk mitigation, investment terms negotiation, financial modeling and presenting financial data, the art of pitching, among others. All services are tailored to individual business needs and are subject to change.
Rather than providing general business advice and assistance, Unlock Capital is laser-focused on helping to attract appropriate financing for business growth.
Companies poised for significant growth that seek to understand what kind of capital is necessary and appropriate for their business and how to attract and secure that capital.
The services provided through Unlock Capital are free of charge to those businesses selected to participate.
Unlock Capital’s initial service period runs from March 2022 through August 2022, barring necessary changes or exceptions. Each participating business will receive an investment readiness plan with recommended activities to complete within this period of time. Core workshops/webinars will be provided throughout those six (6) months, and technical assistance will be tailored to the participant business’s specific needs and scheduled according to each party’s availability.
Yes. Single owner businesses are encouraged to apply, however, Unlock Capital is meant for businesses that already have a core team in place and are positioned to grow further.
CDVCA does not plan to invest in active participants. However, depending on the participants’ progress, CDVCA will introduce them to investors and/or funds in its network.
Yes. Because Unlock Capital is laser-focused on capital finance growth, our services may be complementary to those of other programs. You might receive more general business planning services from another program and come to us for help with financing. Unlock Capital will be collaborating with accelerators to complement services.
No. All types of businesses are encouraged to apply.
Complete the Unlock Capital’s investment readiness questionnaire. One of our team members will review your submission and contact you for additional information and next steps. Companies recommended for investment readiness services will be contacted to complete the application process through an in-depth interview. Unlock Capital will select 15 business annually to engage in its delivery of services. To get started apply now. To request additional information or individual assistance complete the contact form below.
The Community Development Venture Capital Alliance
Private Equity for the Public Good
CDVCA is a national network for the field of community development venture capital investing. The 27-year-old non-profit is certified as a Community Development Financial Institution and provides startup and growth capital to businesses in underinvested markets, seeking market-rate financial returns and job creation.
CDVCA has raised and is deploying more than $300 million of impact investment capital, part of which is the $45 million Puerto Rico Fund for Growth (PRFG). PRFG invests in locally managed funds that provide equity and debt financing to Puerto Rican businesses.
