AltonWorks的动态

Want to learn how we’re investing in Black farmers and building a more equitable food system? Watch our Community Capital Live interview! BFF's Co-Executive Director, Olivia Watkins, shares insights on breaking down barriers and creating opportunities in the Northeast. This series highlights community investment fund leaders nationwide, sharing insights and strategies for replicating success. Watch the interview here: #BlackFarmerFund #CommunityCapital #FoodSovereignty #EconomicJustice

Invest Appalachia's recent achievement of closing the IA Fund with $35.5 Million is not just a testament to our team's dedication, but also to the power of collaboration among investors and partners across Central Appalachia. Our CEO Andrew Crosson says, “Thanks to commitments from investors who understand the region’s potential, Central Appalachian communities are not just dreaming of a just and resilient future - we're actively building it. The $35 Million in this Fund is more than just a financial resource for the region, it’s another important step in the national movement to show that every community deserves the opportunity to thrive. Invest Appalachia will continue to build on this momentum, channeling flexible and creative capital into high-impact projects that empower underserved communities, boost local economies, and dismantle systemic barriers to opportunity.” Find out more:?https://lnkd.in/d-xYTqpF #CommunityImpact #Resilience #Opportunity

Exciting news for #CentralAppalachia!

Last week, David Skaith, Mayor of York and North Yorkshire, announced plans for four new funds worth up to ￡27.5m over four years. These four funds are: ?? The Vibrant & Sustainable High Streets Fund, which aims to rejuvenate our region’s high streets and boost resilience and productivity amongst businesses. ?? The Carbon Negative Challenge Fund, which will support the development and delivery of projects that can help York and North Yorkshire become England’s first carbon negative region. ?? The Business Innovation Fund, which will promote good economic growth and support our region to attract new investment and support our businesses to be more innovative and resilient. ?? The Skills Innovation Fund, which aims to meet the skills needs our region’s learners and businesses by boosting the support available and tackling key issues which prevent local people from grasping opportunities. Over the coming weeks, we’ll be highlighting the funds further and explaining the challenges they will address and ambitions they will achieve. Keep an eye on our channels for more information. ?? You can read more about the funds here: https://lnkd.in/eCu_kjyY ? If you’re interested in the funds and want to receive updates, such as when applications for them will open, please sign up for our newsletter:?https://lnkd.in/exQa6T-B

Learn more about how the Mayor of York and N Yorkshire is turning his manifesto commitments into 4 key funds to support the region

Let’s get down to business! Everyday my team and I work on achieving our unified mission at River City Capital Investment and Community LIFT, Corp. of accelerating shared prosperity and revitalization in disinvested neighborhoods of Memphis through capacity building funds and support services for CDCs and small business owners. Follow our pages and let’s connect! Where do you see the greatest need or needs in your community today? Share in the comments! #communitybuilding #capitalmeetspurpose #economicgrowth #capacitybuilding

?? Big News for Central Appalachia! ?? IA has successfully closed the Invest Appalachia Fund with an impressive $35.5 million for communities. This milestone was reached thanks to $16.6 million in new commitments from national leaders Truist, MacArthur Foundation, Chordata Capital and regional foundations including Dogwood Health Trust, Claude Worthington Benedum Foundation, and Greater Clark Foundation. This achievement is one more step forward in providing community-first impact investment in Central Appalachia to advance climate resilience, equity, community wealth-building, and sustainable market development in sectors such as clean energy, community health, creative placemaking, and food & agriculture. Why This Matters: *80% of the IA Fund's capital comes from outside Appalachia, highlighting significant national interest in supporting our historically underinvested region. *Bringing new mission-aligned capital for the region, the fund prioritizes projects and businesses rooted in local communities’ needs, promising a more equitable, resilient, and prosperous Central Appalachia. *We deployed over $7 million in blended capital investment in our first year of operations, and we’re on track to triple this amount in 2024, driving impactful change and dismantling systemic barriers to opportunity. Thank you again to UnitedHealth Group, RWJF, Appalachian Regional Commission (ARC), Cassiopeia Foundation, LAUGHING GULL FOUNDATION, and Sugarbush Valley Impact Investments for committing $18.95M in the IA Fund’s first round close. Also, thanks to the IA Board, IA Fund Investment Committee, and IA Staff and contractors Stephanie Tyree Sara Morgan Stephanie Randolph Zurilma Anuel Michelle Foster, Ph.D. Alexander Gibson Bill Shelton Bill Pollard Kerry Stoessel Pigman Debbie Phillips Scott McReynolds Karen Jacobson Earl Gohl Paul Wright Eric Horvath Donna Gambrell Baylen Campbell Mae Humiston Emma Pepper Jeremiah Houle Jay Beekman Gregory Mikulka Emmanuel Achinka, CPA, MBA Mark Conrad Tomer Inbar Lauren Simpson Join us in celebrating this incredible achievement and the promising future it heralds for Central Appalachia's communities. Find out more: https://lnkd.in/d-xYTqpF #ImpactInvesting #CommunityFirst #InvestAppalachia #SustainableDevelopment #EconomicGrowth #CentralAppalachia

?? Looking for a sneak preview of what you might find in our upcoming newsletter? Look no further than this Journal-News article about the new PROTOCOL Progress Fund for Lindenwald!

In October 2023, the Kruger National Park-focused R10 million SMME funding and support program was launched - a collaborative partnership between Sanlam, SANParks, and I Am An Entrepreneur. ?? Six months in, the pilot program is already yielding promising results, showcasing the transformative ripple effect that the impact fund, based on a zero-interest loan, can have for entrepreneurs and their communities. From unlocking opportunities to stimulating local economies, this initiative is rewriting the playbook for sustainable business growth. With 23 approved applications and counting, comprising 57% youth and 43% women, we're not just investing in businesses; we're investing in communities. And the impact? Tangible. From fostering job creation to empowering local suppliers, every step forward brings us closer to a brighter, more inclusive future. Visit https://bit.ly/4azwA43 to learn more about how we're building sustainable businesses.

Sharing this event. I have been associated as a consultant with PathLight Law in my efforts to incubate consumer cooperatives. The subject matter of the webinar is very timely. I have been tinkering with a variation on the Diversified Community Investment Fund chassis as described in the National Coalition of Community Capital's DCIF page (see link). My variation should be applicable to any type of Community Investment Fund. https://lnkd.in/gPHDiWaU My concept emphasizes the consumer and it incorporates financial incentives that would encourage broad based "consumers initiated" efforts. Also, my variation seeks to catalyze "alternatives" resulting in "community affluence development" as opposed to community economic development (I would be happy to chat about the distinction). Arranging the quoted terms in a particular order results in: C - Consumer I - Initiated C - Community A - Affluence D - Development A - Alternatives So, my variation is referred to as a CICADA Community Investment Fund. The rollout of the first versions are getting underway and they focus geographically on school districts in Ohio and Florida as "catchment areas." If "Community Affluence" is of a concern, then let's connect. And, of course, I would recommend connecting with the professionals at PathLight Law for any impact enterprise capital formation needs that might arise. PathLight Law