Community Development Venture Capital Alliance (CDVCA)

The Community Development Venture Capital Alliance (CDVCA) is a network for the community development venture capital (CDVC) industry. Founded in 1993 and incorporated as a not-for-profit in 1995, CDVCA provides equity capital to businesses in underinvested markets, focusing on creating good jobs, wealth, and entrepreneurial capacity. The organization promotes the field through advocacy, education, and best-practice dissemination. CDVCA manages over $350 million in capital, including the $45 million Puerto Rico Fund for Growth and the $46 million Innovate NY Fund. CDVCA invests in low-income and emerging market communities, providing flexible equity risk capital to businesses, with a focus on job quality and workforce development.