Ben Vann, chief executive of Impact Ventures, speaks during a video-recorded event at JPMorgan Chase’s Dallas office, where the nonprofit announced the launch of its CDFI fund, IV Capital.
[Image: Screenshot / The Shearer Group video]
At a kickoff event held at JPMorgan Chase ahead of the 2025 Inclusive Capital Summit, the announcement of Impact Ventures' new CDFI fund set the tone for a two-day gathering focused on the future of capital, inclusion, and community-driven growth.
Amid planning disruptions and system outages, Impact Ventures also got a fresh look for its HQ and a "generous grant" from the Meadows Foundation. The nonprofit unveiled initiatives to expand its support for "underestimated" entrepreneurs.
Vann's news: Impact Ventures "will be considered 1 of 74 [Community Development Venture Capital] firms in the U.S."—and the second in Texas—"providing more small businesses access to equity and equity-like capital, especially in times like today where interest rates are higher and traditional debt is considered to be expensive."
The inaugeral Inclusive Capital Summit will kick off with a VIP event on May 3rd, followed by two days of inspiring keynotes from national leaders, solution-based conversations, breakout sessions, and networking opportunities. Check out the lineup.
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A bicycle-pedestrian trail being built alongside DART’s recently opened Silver Line is moving closer to completion after the project received a financial boost from the state. The Texas Transportation Commission recently awarded Dallas Area Rapid Transit $25 million for construction of Phase 3A of the Cotton Belt Trail as part of a statewide effort to improve active transportation infrastructure through the Transportation Alternatives Set-Aside Program....
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