Community Investment Funds: Four Models

Community Investment Funds: Four Models

Community capital is about empowerment of communities. It is a set of strategies that allows ventures to raise capital from their ideal investors within their own community, allows anyone of virtually any economic class to invest in their community, and allows...
Program-Related Investments

Program-Related Investments

Program-Related Investments Program-related investments (PRIs) are a powerful tool that allow private foundations to channel grant money to social enterprises for use as seed capital. PRIs can be used support forward-thinking innovation in nontraditional models across...
Webinar Replay: Community Capital Series Part I and II

Webinar Replay: Community Capital Series Part I and II

We need to build back better, and community capital is one of the key paths to drive the change we seek. This past month, Cutting Edge teamed up with SVX US to cohost a two-part webinar series exploring live case studies of place-based funds and nonprofit organizations across North America. During the webinars, attendees heard from speakers representing U.S. and Canadian companies VERGE Capital, TechSoup, New Way Homes, PVGrows, Community Vision, and Upper Canada Social Impact Fund.

If you were unable to attend the webinars or would like to revisit the presentations, please use the links below to access the recordings:

Place-Based Funds: A Vehicle for Community Investment – August 13, 2020
In this webinar, Cutting Edge founding partner John Katovich and managing partner Brian Beckon discuss securities law and concepts around place-based impact investing funds. The team also explored case studies from VERGE Capital, Upper Canada Social Impact Fund, TechSoup, and PV Grows.

Community Capital: Case Studies and Strategies for Innovative Nonprofit Financing – August 27, 2020
In the second and final webinar, Cutting Edge managing partner Kim Arnone joined in to lead the discussion on securities law and concepts around nonprofit financing, including private offerings and community offerings. The team also explored case studies from TechSoup and Community Vision.

Webinar: Using Charitable Loan Funds to Spur Community Economic Recovery

Webinar: Using Charitable Loan Funds to Spur Community Economic Recovery

In response to the COVID-19 pandemic and its impact on businesses, especially small and mission-driven enterprises, Cutting Edge presented a webinar for nonprofits considering deploying a loan fund to further their missions. Nonprofits that intend to assist their stakeholders in recovering or restarting businesses by infusing those businesses with capital may want to explore starting or expanding a charitable loan fund. 

A charitable fund would take note investments from community members/organizations and then manage the deployment of those funds to businesses as loans. The webinar will explore how these types of funds work, how they are especially powerful in recovery efforts, what the common legal set up and capital raise considerations are, how to prepare for a capital raise campaign and how to manage ongoing oversight of the fund.

Unfortunately, the first couple minutes of introductions were cut off from the recording. Kim Arnone and Brian Beckon are principals at Cutting Edge and were the presenters for this webinar.