Community Development Venture Capital Alliance
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.
- Company typePrivate
- Founded1995
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
Community Development Venture Capital Alliance firmographics
Firmographics- 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
Community Development Venture Capital Alliance industry classification
Industry- 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
Where Community Development Venture Capital Alliance is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Community Development Venture Capital Alliance business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- 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
Community Development Venture Capital Alliance product offering
Product offeringCore 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
Companies that use Community Development Venture Capital Alliance
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
Community Development Venture Capital Alliance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Community Development Venture Capital Alliance partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- New Orleans BioFundcoreCDVCA 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)coreNOBIC 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 HousingminorSupports the Unlock Capital program through Community Development Block Grant – Disaster Recovery funds.
- Puerto Rico Science Technology and Research TrustminorPartner host for Unlock Capital kick-off event and program support.
- Invest Puerto RicominorEconomic development partner supporting Unlock Capital program and Puerto Rican entrepreneurship ecosystem.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Community Development Venture Capital Alliance competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Community Development Venture Capital Alliance social profiles
Digital presenceCommunity Development Venture Capital Alliance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Community Development Venture Capital Alliance leadership team
Management profileNumber of profiles
Profiles12 records
Community Development Venture Capital Alliance funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Community Development Venture Capital Alliance M&A and investment
M&A and investmentM&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
What does Community Development Venture Capital Alliance do?
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).
Is Community Development Venture Capital Alliance a public or private company?
Community Development Venture Capital Alliance is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Community Development Venture Capital Alliance founded?
Community Development Venture Capital Alliance was founded in 1995. It employs 1 to 10 people.
Where is Community Development Venture Capital Alliance based?
Community Development Venture Capital Alliance is headquartered in New York, United States, in the North America region.
How does Community Development Venture Capital Alliance make money?
One revenue line is on record: investment Management and Returns.
Does Community Development Venture Capital Alliance have an API?
No public API is recorded for Community Development Venture Capital Alliance.
What industry is Community Development Venture Capital Alliance in?
Community Development Venture Capital Alliance's product category is Community Development Finance and Impact Investing. Its primary akta.pro industry code is FSANAAAF, Corporate Venture Capital (CVC). Its NAICS code is 525 and its SIC code is 6159.