article thumbnail

BankTech Ventures’ Fintech Investing focuses on Community Banks

American Entrepreneurship

Funding supports innovative technology companies that are taking community banks into the future. Community Banks, defined by the Federal Reserve as having less than $10 billion in assets, totaled 4,001 in the U.S, The Fund just announced their investment commitment of $13.5 as of December 31, 2022, according to the FDIC.

article thumbnail

3 new ways to empower your entrepreneurial community

Source Link

In 2017, we shared 3 ways to empower your entrepreneurial community. Racial wealth disparity is a major barrier to thriving communities and economic growth. However, it’s important to consider what barriers entrepreneurs of color face that may keep them from being able to benefit from investment and support resources.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Twenty Year Itch: My Last VC Investment Out of Brooklyn Bridge Ventures

This is going to be BIG.

Sometime in the next few weeks, I’ll complete my next investment. Last August, I passed the point at which I had spent literally half my entire life working in this asset class, having started at the General Motors pension fund doing institutional investments in venture funds and late-stage directs back in February of 2001.

ventures 545
article thumbnail

Investment clubs are cool again, and maybe community is, too

TechCrunch

Community investment clubs are nothing new, but a renewed interest in decentralization and the glittering — albeit now hungover — allure of getting in at the ground level of a rocket-ship venture has created a new wave of efforts around group investing. Individualism is out. Collectivism is in vogue.

article thumbnail

How a Company Becomes a Pillar of Its Local Community

Revolution

At the turn of the 20th century, any number of American municipalities with similar access to talent, materials, investment, and transportation might have emerged as the beating heart of the automobile industry. Third, to become a tentpole, a company must create wealth that the whole community can feel. as do manufacturing workers.

article thumbnail

SBA Announces Community Navigator Model and Funding Opportunity

Source Link

In guiding organizations through the process of deploying Community Navigators (we often refer to them as Network Navigators), it’s been our experience this model can be successful in communities of all sizes—whether that’s impacting small towns like Klamath Falls or scaling to statewide initiatives in Kansas , Missouri , Wisconsin and Iowa.

article thumbnail

Latest Update on the SBA Community Navigator Funding Opportunity

Source Link

Small Business Administration first released the Notice of Funding Opportunity for the Community Navigator Pilot Program. What does the Community Navigator opportunity mean for my community or my organization? What is the SBA Community Navigator Model? What is the SBA Community Navigator Model?