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.
Dallas-based AI infrastructure startup Watter just rolled out a waste-heat-to-water platform for commercial buildings. Its first customer: Hyatt Regency Dallas at Reunion Tower.
Watter’s hardware captures heat from computer servers inside a commercial building and converts it to hot water for the building....
To grow production of critical munitions, Bethesda, Maryland-based Lockheed Martin announced plans to add 2,000 new jobs in Texas and 4,000 more across the United States. It also will expand advanced manufacturing at its Grand Prairie Missiles and Fire Control campus by 185,000 square feet....
Dallas-based AI infrastructure startup Watter just rolled out a waste-heat-to-water platform for commercial buildings. Its first customer: Hyatt Regency Dallas at Reunion Tower.
Watter’s hardware captures heat from computer servers inside a commercial building and converts it to hot water for the building....
To grow production of critical munitions, Bethesda, Maryland-based Lockheed Martin announced plans to add 2,000 new jobs in Texas and 4,000 more across the United States. It also will expand advanced manufacturing at its Grand Prairie Missiles and Fire Control campus by 185,000 square feet....