Community Development Venture Capital Alliance

Name

Community Development Venture Capital Alliance

Legal name

Community Development Venture Capital Alliance

Website

https://cdvca.org

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Short description

Community Development Venture Capital Alliance (CDVCA) is a 1995-founded nonprofit network organization serving community development venture capital funds, providing fund-of-funds investments, New Markets Tax Credit allocations, and investment readiness programs for businesses in low-income U.S. communities and Puerto Rico.

Ownership category

akta.pro rank

Product category

Community Development Finance and Impact Investing

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Professional Organizations (81392)

SIC

Miscellaneous Business Credit Institution (6159), Services-Membership Organizations (8600)

akta.pro primary industry

Corporate Venture Capital (CVC) (FSANAAAF)

Keywords

• Community development venture capital
• Impact investing
• New Markets Tax Credit
• Fund of funds
• CDFI financing

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Investment Management and Returns: CDVCA manages and invests capital in CDVC funds and businesses, generating returns through equity investments, New Markets Tax Credit deployments, and fund of funds management fees.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

CDVCA is the national network of the community development venture capital industry, providing flexible equity risk capital to businesses in low-income communities that create good jobs and entrepreneurial capacity. It operates as a fund of funds and direct investor, managing over $400 million in investments across CDVC funds and businesses, deploying New Markets Tax Credit allocations, and running investment readiness programs such as Unlock Capital and the Puerto Rico Fund for Growth ($45 million).

Product overview

CDVCA is a network organization for the community development venture capital (CDVC) industry, not a product or technology company. It provides education, networking opportunities, dissemination of best practices, capital availability, communications, and public policy development for its member funds. The organization manages and invests over $400 million in CDVC funds and businesses that support job creation in low-income communities. Key programs include the Puerto Rico Fund for Growth (a $45 million fund of funds), the Unlock Capital investment readiness program, and New Markets Tax Credit allocations.

Differentiator

Problem solved

Functional benefit

Products and services

• Direct Equity Investments in Portfolio Companies Flexible equity and debt capital provided directly to businesses in low-income communities that create good employment opportunities available to lower-income people. Investment activity spans sectors including biotech, sustainable products, digital health, food technology, EV charging, and manufacturing, with portfolio examples including MedRhythms, Repurpose, Nature Coatings, Journey Foods, Entac Medical, ChargerHelp!, and Exum Instruments.
• Puerto Rico Fund for Growth A $45 million fund of funds managed by CDVCA that has invested more than $40 million in 8 Puerto Rican-focused funds, which have collectively invested $127 million in 146 companies on the island. Targets the Puerto Rican venture and growth capital ecosystem through local fund managers.
• Unlock Capital Program An investment readiness program that provides education, technical assistance, mentoring, and investor showcase events to help entrepreneurs — primarily in Puerto Rico — prepare for and secure startup and growth risk capital. Supported by the Puerto Rico Department of Housing, the Puerto Rico Science Technology and Research Trust, and Invest Puerto Rico.
• New Markets Tax Credit Allocation Deployment Deployment of New Markets Tax Credit allocations awarded by the U.S. Department of the Treasury's CDFI Fund, channeling growth capital — both debt and equity — into expanding businesses located in low-income communities that create good employment opportunities.
• CDVCA Central Fund (Fund-of-Funds Investments in Member CDVC Funds) CDVCA's Central Fund invests in member community development venture capital funds across the United States, extending the CDVCA capital base into a national set of regional CDVC fund managers and the underlying operating businesses they finance.
• CDVCA Network Membership and Peer Learning Program Membership services for community development venture capital funds, including educational webinars, peer group meetings, dissemination of best practices, advocacy, communications, and convening at the annual conference. CDVCA member funds include SJF Ventures, CEI Ventures, Boot64 Ventures, Three Roots Capital, The 22 Fund, Excell Partners, Morro Ventures, MetaFund, and Coastal Ventures 5.

Quantifiable outcome

• Over $400 million managed in CDVC investments
• +2 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• New Orleans BioFundcoreStrategic or Co-development Partner · 3 March 2026CDVCA and New Orleans BioFund co-invested in two bioscience companies (Informuta and Beken Bio) expanding operations in New Orleans neighborhoods. The partnership advances bioscience innovation and economic opportunity in underserved communities.
• New Orleans BioInnovation Center (NOBIC)coreStrategic or Co-development PartnerNOBIC is the parent organization of the New Orleans BioFund. CDVCA co-invests through this ecosystem to support bioscience and health innovation companies with strong potential for economic and community impact.
• Puerto Rico Department of HousingminorStrategic or Co-development PartnerSupports the Unlock Capital program through Community Development Block Grant – Disaster Recovery funds.
• Puerto Rico Science Technology and Research TrustminorStrategic or Co-development PartnerPartner host for Unlock Capital kick-off event and program support.
• Invest Puerto RicominorGTM or Marketing PartnerEconomic development partner supporting Unlock Capital program and Puerto Rican entrepreneurship ecosystem.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/2586439
• Xx.com/CDVCAlliance
• Facebookfacebook.com/336276623088551

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments5 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Community Development Venture Capital Alliance