By ET Bureau - February 06, 2020 2 Mins Read
CNote has entered into a partnership with the Natural Capital Investment Fund (NCIFund) that will allow NCIFund to access new investor capital aligned with NCIFund’s mission of catalyzing environmentally and socially responsible business development, sustainable jobs, and wealth creation in a rural, minority and low-wealth communities.
This partnership builds on CNote’s mission to create a more inclusive economy for everyone by enabling investors of all sizes to deploy capital with mission-aligned organizations while generating competitive financial returns and measurable social impact.
As CNote aggregates increasing investor demand seeking socially responsible investment opportunities, it partners with leading Community Development Financial Institutions (CDFIs) like NCIFund. CDFIs are federally-certified community-focused lenders that enable transformative economic development in their communities, providing funding to small businesses, affordable housing development, and other projects in communities that often lack adequate access to financial resources.
NCIFund’s focus on locally owned triple-bottom-line (TBL) small to mid-sized businesses in central Appalachia and the Southeast aligns with CNote’s mission and matches growing investor demand to support rural communities. CNote co-founder Yuliya Tarasava remarked, “We’re excited to have NCIFund as a partner; they have an amazing pedigree of driving measurable change in the communities they serve. As more investors look for ways to invest in rural America, NCIFund presents an opportunity to do that in a very intentional and sustainable way.”
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