During the May 1, 2020 Weekly COVID-19 Development Finance Briefing, listeners heard how four prominent leaders in impact investing are responding to both the economic crisis and the public health crisis, learned about the types of solutions and partnerships they are actively engaged in, and how philanthropic impact investors can realign their strategies to help with recovery efforts.

Communities that face socioeconomic challenges often lack the capacity to undertake the use of many financing tools that are used for economic growth and development. In urban, rural, and suburban communities alike, communities are exploring locally derived methods of developing access to capital. From crowdfunding to co-ops and creative investment approaches, during this installment of the CDFA // BNY Mellon Development Finance Webcast Series, we learned about the tools that are being used to bridge the financing gap and make local economies work.

Benji Taylor Jones from Ward and Smith, P.A. discusses crowdfunding.

An exploration of the EB-5 program including program specifics and how it ties in with crowdfunding.

This month's CDFA // BNY Mellon Development Finance Webcast , our expert speakers explored locavesting to demonstrate how to unlock this new and innovative development finance resource in your community.

The COVID-19 pandemic has exposed acute and deep-rooted connections between physical and economic health. Many of the same places hit hardest by the pandemic are reeling concurrently from the health crisis, business closures, and job losses. These communities are disproportionately communities of color. This brief examines reasons why Black-owned firms have been almost twice as likely to shutter as small firms overall.

During the May 1, 2020 Weekly COVID-19 Development Finance Briefing, listeners heard how four prominent leaders in impact investing are responding to both the economic crisis and the public health crisis, learned about the types of solutions and partnerships they are actively engaged in, and how philanthropic impact investors can realign their strategies to help with recovery efforts.

Communities that face socioeconomic challenges often lack the capacity to undertake the use of many financing tools that are used for economic growth and development. In urban, rural, and suburban communities alike, communities are exploring locally derived methods of developing access to capital. From crowdfunding to co-ops and creative investment approaches, during this installment of the CDFA // BNY Mellon Development Finance Webcast Series, we learned about the tools that are being used to bridge the financing gap and make local economies work.

Linden is a distressed neighborhood in Columbus, Ohio. This plan is designed to create a roadmap for safe neighborhoods, economic development and access to affordable housing, quality healthcare, education and employment opportunities in Linden.

This Toolkit is intended for everyone from kitchen entrepreneurs to startup nonprofits, from economic development agencies to producer networks, from food system groups to real estate developers. We hope this Toolkit also provides helpful guidance to existing food businesses and community kitchens (churches, community centers, schools and food access program kitchens) who seek to share their commercial kitchen space with entrepreneurs and food programs as an ancillary use.

Communities that face socioeconomic challenges often lack the capacity to undertake the use of many financing tools that are used for economic growth and development. In urban, rural, and suburban communities alike, communities are exploring locally derived methods of developing access to capital. From crowdfunding to co-ops and creative investment approaches, during this installment of the CDFA // BNY Mellon Development Finance Webcast Series, we learned about the tools that are being used to bridge the financing gap and make local economies work.

Linden is a distressed neighborhood in Columbus, Ohio. This plan is designed to create a roadmap for safe neighborhoods, economic development and access to affordable housing, quality healthcare, education and employment opportunities in Linden.

During this installment of the CDFA // BNY Mellon Webcast Series, John Haines with Mercy Corps Global Innovations along with Michael Schrader and Steven White with Orrick Herrington & Sutcliffe LLP discussed the financing structure that supported a place based specific solution for a community in need. 

This directory provides an overview of various sources of financing that may be available to food hubs and other food-related businesses. This directory is a partial listing of what may be available across the United States; some examples may not be a good match with your particular circumstances. Many of the funding sources listed in this directory are available for local food-related businesses across the United States, but several additional funding websites are specifically for Michigan.

Amy Campbell Bogie of the National Coalition for Community Capital discusses how to create a crowdfunding ecosystem with a focus on North Carolina.

The Intro Food Systems Finance WebCourse examines the development finance programs that sustain a local food system and how investments in that system can drive economic development on a broader scale. Topics covered include federal, state, and local sources of capital, stakeholders involved in the financing process, and case studies that showcase the variety of financing programs.

During the May 1, 2020 Weekly COVID-19 Development Finance Briefing, listeners heard how four prominent leaders in impact investing are responding to both the economic crisis and the public health crisis, learned about the types of solutions and partnerships they are actively engaged in, and how philanthropic impact investors can realign their strategies to help with recovery efforts.

Communities that face socioeconomic challenges often lack the capacity to undertake the use of many financing tools that are used for economic growth and development. In urban, rural, and suburban communities alike, communities are exploring locally derived methods of developing access to capital. From crowdfunding to co-ops and creative investment approaches, during this installment of the CDFA // BNY Mellon Development Finance Webcast Series, we learned about the tools that are being used to bridge the financing gap and make local economies work.

During this installment of the CDFA // BNY Mellon Webcast Series, Lamont Price with the Tennessee Department of Economic and Community Development, Teela Spiller with the Atlanta Micro Fund, and Eric Clement with the NYCEDC highlighted several development finance programs that have proven effective in attracting venture and start-up capital.

During this installment of the CDFA // BNY Mellon Webcast Series, John Haines with Mercy Corps Global Innovations along with Michael Schrader and Steven White with Orrick Herrington & Sutcliffe LLP discussed the financing structure that supported a place based specific solution for a community in need. 

Crowdsourcing.org defines crowdfunding as “the use of small amounts of capital from a large number of individuals to finance a new business venture.” This financing mechanism has become immensely popular with entrepreneurs and small businesses as can be seen by the growth of websites such as GoFundMe and Kickstarter. States across the nation are adopting legislation to support this new style of finance. Some states have even partnered with crowdfunding providers or offered grant programs to encourage its use. During this installment of the CDFA // BNY Mellon Development Finance Webcast Series Diane Wolverton and Kim Vincent from The Local Crowd, LLC, Trey Sherwood from the Laramie Main Street Alliance and Katharine Czarnecki from the Michigan Economic Development Corporation present on the approaches their communities are taking to support crowdfunding.