DOCSLIB.ORG

Funding Information Funding Information for Southeast Michigan Startup Businesses

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Funding Information Funding Information for Southeast Michigan Startup Businesses Funding Information Funding information for Southeast Michigan startup businesses By Han Peng 8/16/2011 Contents Funds Available (Stage A: Investigation) ....................................................................................................... 4 Thrive One Fund: ..................................................................................................................................... 5 Hebrew Free Loan: ................................................................................................................................... 5 Emerging Technologies Fund (ETF): ......................................................................................................... 5 Crowdfunding: ......................................................................................................................................... 6 Profounder: .......................................................................................................................................... 6 Kickstarter: ........................................................................................................................................... 6 IndieGoGo: ........................................................................................................................................... 7 Kiva Detroit: .......................................................................................................................................... 7 Funds Available (Stage B: Seed) .................................................................................................................... 8 The Small Business Detroit MicroLoan Program: .................................................................................... 8 Michigan Pre-Seed Capital Fund Micro Loan Program: ........................................................................... 8 ShoreBank Enterprise Detroit Small Business Loan: ................................................................................ 9 The Opportunity Resource Fund – Microenterprise/Small Business: ..................................................... 9 Detroit SOUP: ......................................................................................................................................... 10 Funds Available (Stage C: Development) .................................................................................................... 10 Michigan Pre-Seed Capital Fund: ........................................................................................................... 10 Automation Alley's Pre-Seed Fund: ....................................................................................................... 11 Detroit Venture Partners, LLC: ............................................................................................................... 11 BELLE Capital, LP: ................................................................................................................................... 11 The Detroit Micro-enterprise Fund: ...................................................................................................... 12 First Step Fund: ...................................................................................................................................... 12 Funds Available (Stage D: Early) .................................................................................................................. 12 The Ann Arbor Region venture capitalists and Angel investors. ........................................................... 13 Fletcher Spaght Ventures: ..................................................................................................................... 13 Beringea ................................................................................................................................................. 13 EDF Ventures ......................................................................................................................................... 13 Funds Available (Stage E: Growth) .............................................................................................................. 15 Detroit Investment Fund: ...................................................................................................................... 15 Stage 2 Innovations: .............................................................................................................................. 16 Venture Capitals: ................................................................................................................................... 16 Funds Available (Stage F: Maturity) ............................................................................................................ 16 Michigan Supplier Diversification Fund: ................................................................................................ 17 The Wayne County Urban Loan Fund: ................................................................................................... 17 Industry / Demographics ............................................................................................................................ 17 The Detroit Food Movers Fund:............................................................................................................. 17 The Green Enterprise Fund: ................................................................................................................... 18 The Women's Empowerment Fund: ...................................................................................................... 18 2 DTE Energy Ventures: ............................................................................................................................ 18 iNetworks: .............................................................................................................................................. 18 iNetworks BioOpportunity Fund, L.P.: ................................................................................................ 18 iNetworks Community Impact Fund: ................................................................................................. 19 iNetworks Michigan Fund, L.P.: .......................................................................................................... 19 iNetworks, LLC Investments: .............................................................................................................. 19 LISC Detroit: ........................................................................................................................................... 19 LISC Detroit Offers: ................................................................................................................................ 20 Technical and Financial Resources ..................................................................................................... 20 Project Feasibility and Predevelopment Activities ............................................................................. 20 Construction Financing ....................................................................................................................... 20 Permanent Financing ......................................................................................................................... 21 Equity and Intermediary Capital ......................................................................................................... 21 Midtown Development Partners: .......................................................................................................... 21 Detroit Empowerment Zone: ............................................................................................................. 21 Detroit Urban Retail Loan Fund (DURLF): .......................................................................................... 22 Midtown Detroit Inc. Façade Grant and Building Loan Program: ...................................................... 22 Woodward Corridor Development Fund: .......................................................................................... 22 General Resources ...................................................................................................................................... 23 Small Business Administration (SBA) Loan Programs: ........................................................................... 23 The State Small Business Credit Initiative: ............................................................................................ 23 Venture Capital Funding: ....................................................................................................................... 24 21st Century Investment Fund: ............................................................................................................. 24 Venture Capital & Angels Network: ....................................................................................................... 24 Michigan Minority Supplier Development Council (MMSDC): .............................................................. 24 Detroit Industrial Revolving Loan Fund: ................................................................................................ 25 Creative Corridor Incentive Fund: ......................................................................................................... 25 Commercial Banks: ...............................................................................................................................
Load more

Recommended publications
  • Michigan Strategic Fund
    MICHIGAN STRATEGIC FUND MEMORANDUM DATE: March 12, 2021 TO: The Honorable Gretchen Whitmer, Governor of Michigan Members of the Michigan Legislature FROM: Mark Burton, President, Michigan Strategic Fund SUBJECT: FY 2020 MSF/MEDC Annual Report The Michigan Strategic Fund (MSF) is required to submit an annual report to the Governor and the Michigan Legislature summarizing activities and program spending for the previous fiscal year. This requirement is contained within the Michigan Strategic Fund Act (Public Act 270 of 1984) and budget boilerplate. Attached you will find the annual report for the MSF and the Michigan Economic Development Corporation (MEDC) as required in by Section 1004 of Public Act 166 of 2020 as well as the consolidated MSF Act reporting requirements found in Section 125.2009 of the MSF Act. Additionally, you will find an executive summary at the forefront of the report that provides a year-in-review snapshot of activities, including COVID-19 relief programs to support Michigan businesses and communities. To further consolidate legislative reporting, the attachment includes the following budget boilerplate reports: • Michigan Business Development Program and Michigan Community Revitalization Program amendments (Section 1006) • Corporate budget, revenue, expenditures/activities and state vs. corporate FTEs (Section 1007) • Jobs for Michigan Investment Fund (Section 1010) • Michigan Film incentives status (Section 1032) • Michigan Film & Digital Media Office activities ( Section 1033) • Business incubators and accelerators annual report (Section 1034) The following programs are not included in the FY 2020 report: • The Community College Skilled Trades Equipment Program was created in 2015 to provide funding to community colleges to purchase equipment required for educational programs in high-wage, high-skill, and high-demand occupations.
    [Show full text]
  • 2017 Mid-Market Private Equity Transactions
    2017 MID-MARKET PRIVATE EQUITY TRANSACTIONS Sale of Key Acquisition of Minority investment Retirement Group to Buyout of Future Investment in Media Buyout of Reapit by Syslink by Synova in Radius Payment Partners Group by Investment in Industrial Services iQ by ECI Partners Accel-KKR Capital Solutions by Phoenix Equity ChargePoint by NorthEdge Inflexion Partners Technology by LDC Capital Advised ECI Advised Accel-KKR Advised Synova Advised Inflexion Advised Phoenix Advised LDC Advised NorthEdge Sale of Fine Acquisition of Investment in Make Investment in Sale of The Creative Industries by Acquisition of AllClear Insurance It Cheaper by ECI Rayner Surgical Acquisition of Engagement Group NorthEdge Capital Thornbridge Services by Synova Partners Group by Phoenix Fastflow Group by by LDC to Sawmills by Capital Equity Partners Elysian Capital Huntsworth plc Advised NorthEdge Cairngorm Capital and other Advised Synova Advised ECI Advised Phoenix Advised Elysian Advised LDC shareholders Advised Cairngorm Sale of MKM Investment in Sale of Admiral Building Supplies to Law Firm of the Year Sygnature Discovery Buyout of Cawood Buyout of Fishawack Taverns to Proprium UK Legal Adviser of Bain Capital by 3i (Deal Structuring) by Phoenix Equity Scientific by Communications by by Cerberus and the Year and LDC Partners Inflexion LDC management 2017 2017 Advised 3i and Advised Phoenix Advised Inflexion Advised Admiral LDC Advised LDC 2017 GROWTH AND DEVELOPMENT CAPITAL TRANSACTIONS Minority investment in Sale of JCRA to Shaw Healthcare by Investment in
    [Show full text]
  • Financing Growth in Innovative Firms: Consultation
    Financing growth in innovative frms: consultation August 2017 Financing growth in innovative frms: consultation August 2017 © Crown copyright 2017 This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. To view this licence, visit nationalarchives.gov.uk/doc/open-government-licence/version/3 or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: [email protected]. Where we have identifed any third party copyright information you will need to obtain permission from the copyright holders concerned. This publication is available at www.gov.uk/government/publications Any enquiries regarding this publication should be sent to us at [email protected] ISBN 978-1-912225-08-8 PU2095 Contents Page Foreword 3 Executive summary 5 Chapter 1 Introduction 7 Chapter 2 The patient capital gap 9 Chapter 3 Strengths and weaknesses in patient capital 17 Chapter 4 Root causes (1): deployment of / demand for patient capital 29 Chapter 5 Root causes (2): supply of capital 35 Chapter 6 Current interventions 43 Chapter 7 Implications for policy 51 Annex A List of consultation questions 61 Annex B Terms of reference for the review 63 Annex C Terms of reference for and members of the Industry Panel 65 Annex D Data sources 69 1 Foreword Productivity is important. As I set out in my speech at the Mansion House earlier this summer, improvements in productivity ultimately drive higher wages and living standards. This makes it much more than just another metric of economic performance.
    [Show full text]
  • Technology, Media, & Telecom
    TECHNOLOGY, MEDIA, & TELECOM QUARTERLY SOFTWARE SECTOR REVIEW │ 2Q 2016 www.harriswilliams.de Harris Williams & Co. Ltd is a private limited company incorporated under English law having its registered office at 5th Floor, 6 St. Andrew Street, London EC4A 3AE, UK, registered with the Registrar of Companies for England and Wales under company number 7078852. Directors: Mr. Ned Valentine, Mr. Paul Poggi, Mr. Thierry Monjauze and Mr. Aadil Khan, authorised and regulated by the Financial Conduct Authority. Harris Williams & Co. Ltd Niederlassung Frankfurt (German branch) is registered in the Commercial Register (Handelsregister) of the Local Court (Amtsgericht) of Frankfurt am Main, Germany, under registration number HRB 96687, having its business address at Bockenheimer Landstrasse 33-35, 60325 Frankfurt am Main, Germany. Permanent Representative (Ständiger Vertreter) of the Branch Niederlassung: Mr. Jeffery H. Perkins. TECHNOLOGY, MEDIA, & TELECOM QUARTERLY SOFTWARE SECTOR REVIEW │ 2Q 2016 HARRIS WILLIAMS & CO. OVERVIEW HARRIS WILLIAMS & CO. (HW&CO.) GLOBAL ADVISORY PLATFORM CONTENTS . DEAL SPOTLIGHT . M&A TRANSACTIONS – 2Q 2016 KEY FACTS . SOFTWARE M&A ACTIVITY . 25 year history with over 120 . SOFTWARE SECTOR OVERVIEWS closed transactions in the . SOFTWARE PRIVATE PLACEMENTS last 24 months OVERVIEW . SOFTWARE PUBLIC COMPARABLES . Approximately 250 OVERVIEW professionals across seven . TECHNOLOGY IPO OVERVIEW offices in the U.S. and . DEBT MARKET OVERVIEW Europe . APPENDIX: PUBLIC COMPARABLES DETAIL . Strategic relationships in India and China HW&Co. Office TMT CONTACTS Network Office UNITED STATES 10 industry groups . Jeff Bistrong Managing Director HW&CO. TECHNOLOGY, MEDIA & TELECOM (TMT) GROUP FOCUS AREAS [email protected] Sam Hendler SOFTWARE / SAAS INTERNET & DIGITAL MEDIA Managing Director [email protected] . Enterprise Software .
    [Show full text]
  • May 2016 M&A and Investment Summary Table of Contents
    May 2016 M&A and Investment Summary Table of Contents 1 Overview of Monthly M&A and Investment Activity 3 2 Monthly M&A and Investment Activity by Industry Segment 8 3 Additional Monthly M&A and Investment Activity Data 40 4 About Petsky Prunier 52 Securities offered through Petsky Prunier Securities, LLC, member of FINRA. This M&A and Investment Summary has been prepared by and is being distributed in the United States by Petsky Prunier, a broker dealer registered with the U.S. SEC and a member of FINRA. 2 | M&A and Investment Summary May 2016 M&A and Investment Summary for All Segments Transaction Distribution . A total of 432 deals were announced in May 2016, of which 271 were worth $15.5 billion in aggregate reported value . Software was the most active segment with 127 deals announced — 88 of these transactions reported $2.5 billion in value . Digital Media/Commerce was also active with 108 transactions announced, of which 77 were worth a reported $5.1 billion in value . Strategic buyers announced 163 deals (32 reported $3.2 billion in value) . VC/Growth Capital investors announced 253 transactions (235 reported $7.2 billion in value) . Buyout investors announced 16 deals during the month (six reported $5 billion in value) May 2016 BUYER/INVESTOR BREAKDOWN Transactions Reported Value Strategic Buyout Venture/Growth Capital # % $MM % # $MM # $MM # $MM Software 127 29% $2,461.2 16% 39 $779.8 4 $378.0 84 $1,303.3 Digital Media/Commerce 108 25% 5,136.4 33% 34 513.8 1 - 73 4,622.6 Marketing Technology 89 21% 6,445.0 42% 33 1,237.1 2 4,400.4
    [Show full text]
  • Powerpoint® Template Quick Reference Guide
    Chris Wattie, Reuters Canadian Private Equity Buyout Review First Half 2018 Table of Contents Canada’s PE Buyout Market in H1 2018 3 $ Invested and # Companies Financed 5 Investment by Company Location 7 Investment by Transaction Type 8 Investment by Investor Location 9 PE Investment vs. all Canadian M&A 10 Top PE Buyout Deals 11 Investment by Deal Size 12 Investment by Company Sector 13 Canadian Firms’ Investment Abroad 14 Buyout Funds Raised 16 PE Buyout-Backed Exits 17 PE Buyout Returns 18 Explanatory Notes & Contacts 19 Canadian Private Equity Buyout Market Activity: First Half 2018 Canadian Buyout-PE Market Trends The first half of 2018 within Canada’s buyout and related private equity market saw a total of 173 transactions collectively valued at $18.3 billion. Deal values reached a new all time high for the first half of the year, surpassing by 26% the previous highs of $14.5 billion set in both the first half of 2007 and the first half of 2017. Deal volumes saw a year-over-year decrease of 14%, resulting in an average disclosed deal value of $232 million. The March closing of the $5 billion secondary sale of Bolton, Ontario-based Husky Injection Moldings Systems, originally announced last December, by OMERS Private Equity and Berkshire Hathaway to US private equity firm Platinum Equity, has retained the number one spot in both Canada’s top deals list and top exits list. Other top deals during the quarter were the announced $3.8 billion acquisition of industrial properties portfolio operator Pure Industrial Real Estate Trust by Blackstone Group as well as Mitel Networks’ $2.6 billion sale to Searchlight Capital Partners.
    [Show full text]
  • View Whitepaper
    INFRAREPORT Top M&A Trends in Infrastructure Software EXECUTIVE SUMMARY 4 1 EVOLUTION OF CLOUD INFRASTRUCTURE 7 1.1 Size of the Prize 7 1.2 The Evolution of the Infrastructure (Public) Cloud Market and Technology 7 1.2.1 Original 2006 Public Cloud - Hardware as a Service 8 1.2.2 2016 - 2010 - Platform as a Service 9 1.2.3 2016 - 2019 - Containers as a Service 10 1.2.4 Container Orchestration 11 1.2.5 Standardization of Container Orchestration 11 1.2.6 Hybrid Cloud & Multi-Cloud 12 1.2.7 Edge Computing and 5G 12 1.2.8 APIs, Cloud Components and AI 13 1.2.9 Service Mesh 14 1.2.10 Serverless 15 1.2.11 Zero Code 15 1.2.12 Cloud as a Service 16 2 STATE OF THE MARKET 18 2.1 Investment Trend Summary -Summary of Funding Activity in Cloud Infrastructure 18 3 MARKET FOCUS – TRENDS & COMPANIES 20 3.1 Cloud Providers Provide Enhanced Security, Including AI/ML and Zero Trust Security 20 3.2 Cloud Management and Cost Containment Becomes a Challenge for Customers 21 3.3 The Container Market is Just Starting to Heat Up 23 3.4 Kubernetes 24 3.5 APIs Have Become the Dominant Information Sharing Paradigm 27 3.6 DevOps is the Answer to Increasing Competition From Emerging Digital Disruptors. 30 3.7 Serverless 32 3.8 Zero Code 38 3.9 Hybrid, Multi and Edge Clouds 43 4 LARGE PUBLIC/PRIVATE ACQUIRERS 57 4.1 Amazon Web Services | Private Company Profile 57 4.2 Cloudera (NYS: CLDR) | Public Company Profile 59 4.3 Hortonworks | Private Company Profile 61 Infrastructure Software Report l Woodside Capital Partners l Confidential l October 2020 Page | 2 INFRAREPORT
    [Show full text]
  • 2008 New Media M&A Round-Up
    2008 New Media M&A Round‐Up The Year in Digital Media Mergers, Acquisitions & Capital Raises PEACHTREE MEDIA ADVISORS, INC. N EW M EDIA I NVESTMENT B ANKING EACHTREE EDIA DVISORS NC P M A , I . Better Service ▪ Lower Fees New Media Mergers & Acquisitions TABLE OF CONTENTS I. Internet/New Media M&A Transactions by Sector 1 II. M&A Transactions & Capital Raised in 2008 12 III. 2008 Interactive Media Valuations/Comps 31 IV. Conclusion/2009 Outlook 37 V. Out‐of‐Home/Alternative M&A Transactions 38 VI. Conclusion/2009 Outlook 38 VII. 2008 OOH Valuations/Comps 41 Peachtree Media Advisors, Inc. Peachtree Media Advisors, Inc. is a New York based investment bank serving the out‐of‐ home and interactive marketing sectors of media. The company provides mergers, acquisitions and capital raise advisory services to lower middle‐market companies in the two fastest growing sectors of media. John Doyle, Managing Director & Founder, has been a media investment banker for more than 12 years; closed and structured more than 22 deals; and has a strong knowledge‐base of financial and strategic buyers in these sectors. If you are interested in learning more about valuation, positioning, preparation or the merger and acquisition process, please go to www.PeachtreeMediaAdvisors.com or contact John Doyle at (212) 570‐1009. John H. Doyle II Managing Director & Founder Peachtree Media Advisors, Inc. 50 Vanderbilt Ave., #30 New York, NY 10017 PH. 212.570.1009 ▪ FAX 646.607.1786 www.peachtreemediaadvisors.com Table of Contents Better Service ▪ Lower Fees New Media Mergers & Acquisitions Online Media M&A Activity in 2008 Although the Enabling, Analytics and Ad Serving category had the fourth highest In 2008, there were 707 merger, acquisition level of reported transaction value in 2008, and capital raise transactions in the online this category had the largest percentage sector of media (92 more transactions than increase in capital flowing to it than any the 615 in 2007).
    [Show full text]
  • Private Equity a Fresh Look
    Private Equity A fresh look First Published May 2012 A private equity lobbyist runs into a banking lobbyist in the street. “Oh, thanks,” he says. “For what?”the banking lobbyist asks. “For diverting all the bullets which were being shot at us,” replies the private equity lobbyist. Invariably the headlines had been all about asset stripping, how private equity houses over-leveraged companies to the point where they had so much debt they were, in effect, set up for failure should the merest breeze waft through the economy. The days of using financial engineering, in other words significant debt, as a means of generating a return for private equity houses have probably gone. The future for private equity is to achieve it from growing a business and in truth, that’s the model most private equity houses working in the real world, as it were, have always adopted. Part of the problem is the considerable confusion that exists between private equity and hedge funds. The two have often been viewed as synonymous when, in fact, they are quite different in fundamental ways. Typically, private equity is a four to five-year investment based on working with the company executives in order to create additional value. Hedge funds, on the other hand, tend to be much shorter-term (six to eighteen months), are more speculative, with generally little knowledge of the target company and its management, and less regulated. Arguably the origins of private equity in this country can be found in the formation of the Industrial and Commercial Finance Corporation at the end of the second world war to invest in companies which couldn’t get sufficient funding from the banks but were too small to turn to the stock exchange.
    [Show full text]
  • 2016 | Investment Management Industry Review
    NEW YORK 535 Madison Avenue, 19th Floor New York, NY 10022 +1 212 207 1000 SAN FRANCISCO One Market Street, Spear Tower, Suite 3600 San Francisco, CA 94105 +1 415 293 8426 DENVER 999 Eighteenth Street, Suite 3000 Denver, CO 80202 +1 303 893 2899 MEMBER, FINRA / SIPC SYDNEY Level 2, 9 Castlereagh Street Sydney, NSW, 2000 +61 419 460 509 BERKSHIRE CAPITAL SECURITIES LLC (ARBN 146 206 859) IS A LIMITED LIABILITY COMPANY INCORPORATED IN THE UNITED STATES AND REGISTERED AS A FOREIGN COMPANY IN AUSTRALIA UNDER THE CORPORATIONS ACT 2001. BERKSHIRE CAPITAL IS EXEMPT FROM THE REQUIREMENTS TO HOLD AN AUSTRALIAN FINANCIAL SERVICES LICENCE UNDER THE AUSTRALIAN CORPORATIONS ACT IN RESPECT OF THE FINANCIAL SERVICES IT PROVIDES. BERKSHIRE CAPITAL IS REGULATED BY THE SEC UNDER US LAWS, WHICH DIFFER FROM AUSTRALIAN LAWS. 2016 | INVESTMENT MANAGEMENT INDUSTRY REVIEW LONDON 11 Haymarket, 2nd Floor London, SW1Y 4BP United Kingdom +44 20 7828 2828 BERKSHIRE CAPITAL SECURITIES LIMITED IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (REGISTRATION NUMBER 188637). www.berkcap.com NEW YORK | SAN FRANCISCO | DENVER | LONDON | SYDNEY About Berkshire Capital Partners Berkshire Capital is an independent, employee-owned investment bank specializing in M&A H. Bruce McEver R. Bruce Cameron Caleb W. Burchenal +1 212 207 1001 +1 212 207 1013 +1 303 893 2899 [email protected] [email protected] [email protected] in the financial services sector. With more completed transactions in this space than any other investment bank, we help clients find successful, long-lasting partnerships. Robert P. Glauerdt Ted J. Gooden Bomy M. Hagopian Founded in 1983, Berkshire Capital is headquartered in New York with partners located in San +44 20 7828 0024 +1 212 207 1043 +1 415 293 8426 Francisco, Philadelphia, Denver, London and Sydney.
    [Show full text]
  • Annual Report and Accounts 2020
    HSBC Bank plc Annual Report and Accounts 2020 Contents Cautionary Statement Regarding Forward- Looking Statements Page Strategic Report This Annual Report and Accounts 2020 contains certain forward- Highlights 2 looking statements with respect to the financial condition, results Responding to the new environment 3 of operations and business of the group. Key financial metrics 3 Purpose and strategy 4 Statements that are not historical facts, including statements about the group’s beliefs and expectations, are forward-looking Products and services 6 statements. Words such as ‘expects’, ‘anticipates’, ‘intends’, How we do business 7 ‘plans’, ‘believes’, ‘seeks’, ‘estimates’, ‘potential’ and ‘reasonably Key Performance Indicators 12 possible’, variations of these words and similar expressions are Economic background and outlook 13 intended to identify forward-looking statements. These statements Financial summary 14 are based on current plans, estimates and projections, and Risk overview 20 therefore undue reliance should not be placed on them. Forward- Report of the Directors looking statements speak only as of the date they are made. HSBC Risk 22 Bank plc makes no commitment to revise or update any forward- – Our approach to risk 22 looking statements to reflect events or circumstances occurring or – Top and emerging risks 23 existing after the date of any forward-looking statement. – Areas of special interest 27 – Our material banking and insurance risks 31 Forward-looking statements involve inherent risks and Capital 72 uncertainties. Readers are cautioned that a number of factors Corporate Governance Report 86 could cause actual results to differ, in some instances materially, – Directors 86 from those anticipated or implied in any forward-looking – Company Secretary 88 statement.
    [Show full text]
  • Mind the ^^^ Gap Evidencing Demand for Community Finance
    Community Development Finance Association Research Report FFF IIINNNAAANNNCCCEEE MIND THE ^^^ GAP EVIDENCING DEMAND FOR COMMUNITY FINANCE Dr Nick Henry & Philip Craig, ICF GHK FULL REPORT January 2013 Supported by Community Development Finance Association Research Report Mind the Finance Gap Evidencing demand for community finance Dr Nick Henry & Philip Craig ICF GFH FULL REPORT January 2013 © CDFA 2013 This report and the summary report are available on our website at: www.cdfa.org.uk/mindthefinancegap Any enquiries regarding this report, contact: Ian Best, Policy & Research Manager, CDFA [email protected] Views expressed in this report are not necessarily those of the Community Development Finance Association or RBS Group. Research and report by ICF GHK, conducted on behalf of the CDFA and made possible though the support of RBS Group. The Community Development Finance Association represents non- profit social enterprises known as Community Development Finance Institutions (CDFIs). CDFIs provide loans to those unable to access finance from mainstream financial institutions such as banks. CDFA’s mission is to support the development of a thriving and sustainable CDFI sector that provides finance for disadvantaged and underserved communities and, as a consequence, contribute to the increasing prosperity of these communities. www.cdfa.org.uk In 2012, GHK Consulting became ICF GHK, a wholly owned subsidiary of ICF International. A multi-disciplinary public policy research and evaluation consultancy of around two hundred staff, we are one of Europe’s leading providers of impact assessments and ex ante, mid- term, final and ex post evaluation services to central Government departments, the European Commission and national, local and civil society organisations.
    [Show full text]