Deb Markley, co-founder and managing director for the Center for Rural Entrepreneurship and Senior Vice President of LOCUS Impact Investing writes about how local investing for impact is creating an entreprenurial opportunity. She writes, "here’s a story about impact investing with three central actors – the Jessie Ball duPont Fund, a philanthropy established to invest in places and organizations important to the late Mrs. duPont; Virginia Community Capital, a community development financial institution (CDFI) working to make a difference in underserved communities in the state; and the Haynie Family Farm in Reedville, VA."
The post highlights how value-added relationships result in "a recipe for successful community prosperity. VCC helps the Jessie Ball duPont Fund achieve its impact investing objectives and put endowment dollars to use helping communities. The Fund provides needed capital that helps VCC strengthen its commitment in the Northern Neck region. And, ultimately, VCC deploys the Fund’s investment to help the Haynie family strengthen their farming operation and their place and impact in the community."
Read the full post here.