Industry: Investment Advising
Mission: A venture capital firm that provides equity and debt financing to established and emerging companies located in communities underserved by conventional sources of capital. They invest in small businesses and help grow local economies. Have fostered over 780 companies across a diverse array of industry sectors, including manufacturing, technology and business services.
What 3 words best describe your company culture?
Collaborative, Entrepreneurial, Accountable
What quote best exemplifies your company?
“Through strategic investments in small businesses located in underserved communities — and by financing affordable housing in those same neighborhoods, along with access to renewable energy — our focus is on strengthening communities, equalizing opportunities for household financial security, and growing local economies.”
How is your product or service having a positive social and/or environmental impact?
Advantage Capital creates a platform for economic security in low-income communities across the county. We do so, in part, by investing in the growth of companies that can create and retain good-quality jobs. Through our investments and non-financial support and guidance, the companies in which we invest have largely expanded and prospered, supporting more than 60,000 jobs in low-income communities across the country. We also finance affordable housing in these same communities, creating even more positive and lasting change in neighborhoods, and for families and seniors. To further strengthen communities and equalize access to capital and growth, we finance renewable energy projects, for the benefit of planet, people and economic growth.
What is your company’s vision for the future?
We fundamentally believe that capital can change lives. We have infused investment capital into 244 highly distressed census tracts across the country. We see continued focus on strengthening communities, by staying true to our investment philosophy of delivering much-needed capital to small businesses that can create and preserve good jobs in some of the nation’s hardest-hit communities. We envision serving nearly 500 communities, more than doubling our footprint in historically distressed neighborhoods, erasing blight and chipping away at the factors which have led to their decline, neighbor by neighbor, family by family, block by block.