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Community Development Venture Capital: A Report on the Industry
The study finds more than 50 community development venture capital (CDVC) providers actively investing or in formation at the beginning of 2000 – up from a mere handful only five years ago. The combined capitalization of these providers at the end of 1999 was $300 million. In spite of the recent explosion of CDVC activity, the study indicates there are still 24 states with no access to community-based risk capital.
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