Join Social Venture Circle Thursday, November 12 at 1:30pm ET for a conversation on the best kept secret in community investing.
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John,
Join Social Venture Circle this Thursday, November 12 at 1:30pm ET for a conversation on the best kept secret in community investing ([link removed]) .
Did you know every $1 invested in a CDFI generates $10-14 of impact?
As the ravages of the novel COVID-19 pandemic sweeps across our nation in a second wave, poor and moderate-income communities in historically marginalized communities continue to bear a disproportionate burden of its health and economic toll.
One of the best kept secrets of the impact investment community – community development financial institutions (CDFIs) and local lenders – have stepped into the inferno, offering tailored financial and in-kind support to steer small businesses in these communities through the crisis. Join us for a conversation on these critical response measures and learn more about how you can make a difference in the communities you care about.
Speakers include:
* Pam Porter, Stepping Stone Partners, LLC ([link removed])
* Robert James, II, Carver State Bank ([link removed]) , Savannah Georgia
* Kimberly Jones, Self-Help Federal Credit Union ([link removed]) , Chicago, IL
This program is being brought to you by the SVC Community Capital Working Group in partnership with the Impact Capital Forum ([link removed]) . For more information on how you can join this informal group, contact Babbie Jacobs -
[email protected].
How to Find a CDFI in Your Market
Trade associations for CDFIs (partial listing)
* Credit Unions:
+ Inclusiv ([link removed]) map and listing by state
* Banks:
+ National Bankers Association ([link removed]) minority bank members
+ Community Development Bankers Association ([link removed]) filter by state
* Loan Funds:
+ Opportunity Finance Network ([link removed]) filter by state and type of lending
* Venture Funds
+ Community Development Venture Capital Alliance ([link removed])
Register Now: The Best Kept Secret in Community Investing ([link removed])
Kimberly Jones is an Investor Relations Manager with Self-Help FCU, where she helps investors align their banking with their mission and values. Kimberly has a BA in Political Science from the University of Minnesota-Morris and an MA in Arts Management from Columbia College Chicago.
Pam Porter is a member of Social Venture Circle, and a national expert on impact investing and Community Development Financial Institutions (CDFIs). As Managing Partner of Stepping Stone Partners, and a former executive of Opportunity Finance Network, Pam has worked with foundations, banks, and other investors to deploy over $700 million of impact investments.
Robert E. James, II is a lawyer, banker, developer, consultant and native of Savannah, Georgia, expert in the areas of community development finance, public finance, real estate development, and supplier diversity. Robert serves Carver State Bank as its Director of Strategic Initiatives and a member of its board of directors. In these capacities, Robert is responsible for strategic planning for the bank, as well as its community development finance efforts. Since accepting these responsibilities in 2001, he has helped Carver raise over $6 million in community development awards to the institution, helped the bank earn over $1 million for its participation in New Markets Tax Credit transactions, and led the bank to its $30 million allocation of New Markets Tax Credits, awarded for the 2017 round. This award was the first such allocation ever awarded to a Georgia minority bank and the first ever awarded to a Georgia entity outside of Atlanta. He is currently leading the implementation of
the bank’s new three-year strategic plan, leads the bank’s government guaranteed lending business, and has primary responsibility for placement and management of Carver’s NMTC allocation as President of Carver Development CDE, LLC.
NEXT Economy LIVE is weekly series in partnership with Intentional Media ([link removed]) , JumpScale ([link removed]) , Opportunity Collaboration ([link removed]) , and the American Sustainable Business Council ([link removed]) where experienced members and thought leaders host webinars, interactive meetings, and discussions where the real challenges, insights, and best practices of leading and funding mission-driven businesses can be explored with peers. Registration for each event is required. Recordings of all prior events can be found online here ([link removed]) .
* THIS WEEK: Thursday, November 12 – The Best Kept Secret in Community Investing ([link removed])
* December 1-4 - ASBC & SVC 2020: Remaking & Revitalizing the Economy ([link removed])
* Wednesday, January 13 – The Superheroes That Saved Orange Juice ([link removed])
Members are invited to submit their own proposals to host events. If you are an impact aligned partner or sister organization in the space that is interested in collaborating on future events, we invite you to reach out to discuss opportunities. Email
[email protected] (mailto:
[email protected]) for the private link and to discuss collaboration opportunities.
In partnership with
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** Social Venture Circle (SVC) ([link removed])
is a membership network that equips entrepreneurs, impact investors, and capacity-builders with connections, money, and expertise in order to build businesses that drive the NEXT economy: one that is regenerative, equitable and prosperous for all.
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