Industry News - January 15, 2019
January 15, 2019
This Newark-based small business lending software provider has raised a $4 million Series A funding round to help modernize small business lending with a cloud lending software program.
Interest in launching funds to invest in low-income communities designated as opportunity zones is running high, but the number of funds launched still is low as firms await greater regulatory clarity.
Source: Pensions & Investments
Investments on the part of China in U.S. technology startups are slowing down thanks to increased scrutiny on the part of the White House.
It goes without saying that bringing impact investing to the forefront would provide a new power and push to achieve targets such as the UN Sustainable Development Goals.
According to the Global Impact Investing Network’s (GIIN) most recent Annual Investor Survey, the size of the global impact investing market doubled in a year.
April 16, 2019
Industry News -
Under the new Farm Bill, farmers can receive up to $100,000 through multiple microloan programs that provide flexible access to credit for small, beginning, niche, and non-traditional farms.
April 10, 2019
Industry News -
CDFI Fund Releases Annual Report on Activities According to the report, CDFI program awardees reported more than $11 billion in lending and investment activity, which financed nearly 16,000 businesses in 2018.
April 2, 2019
Policy News -
SBA Administrator Linda McMahon has announced her resignation effective April 12th. In a statement issued on Friday, McMahon said she will be returning to the private sector.