Monthly Archives

September 2019

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By CNote, Migration V2

Webinar: Introducing CDFIs as a Way to Invest in Economic Inclusion

Interested in learning more about Community Development Financial Institutions (CDFIs)? Even if you missed the live presentation, you can watch the joint webinar by CNote and Access to Capital for Entrepreneurs (ACE) a Georgia-based CDFI.

Watch now using this link, or via the YouTube replay below.

In this webinar we introduce CDFIs, their history, the work they do in their local communities, and how they represent a compelling opportunity to invest in a more inclusive economy.

CDFIs have a strong history of providing economic resources to financially underserved communities across America, helping to create jobs, fund small businesses, and support affordable housing development. Now you have a chance to support that mission. We’ll explore, in detail, the way increased capital access and CDFI lending activities can have a transformative effect on local economies. Join us. 

This presentation was co-hosted by:

Martina Edwards, Chief of Strategic Partnerships, for Access to Capital for Entrepreneurs. ACE is a Georgia-based CDFI that has emerged as a leader in responsive and innovative small business financing.

Catherine Berman, CEO, CNote. Based in Oakland, CA, CNote is an award-winning investment platform that streamlines the process of investing in CDFIs for investors of all sizes from individuals to institutions.

 

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By CNote, Impact Metrics, Migration V2

CNote’s Q2 2019 Impact Metrics

We know one of the main reasons you invest with CNote, is because of the impact your investment has.

We’re proud to share our Q2 2019 impact data.

In Q2 2019, our members helped create/maintain 111 jobs!

We’re also extremely proud to announce that more than 70% of CNote capital went to minority-owned businesses!

If you’d like to see our annual impact data, along with an explanation of how we map CNote’s impact investments to the UN’s Sustainable Development Goals, read our 2018 Impact Report.

 

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By CNote, Migration V2

CNote Selected as a 2019 Best For The World honoree, top-performing Certified B Corporation

The entire CNote team is proud to announce that we have been selected by B Lab as a 2019 Best For The World honoree in the Customers category.

This award is given only to B Corporations around the world with verified B Impact Assessment scores in the top 10% of all B Corps for providing value to their customers.

As a customer-focused company, we’re extremely grateful for the recognition and look forward to doing even more for our customers next year.

 

We vote every day for a better world through the way we run our business by putting benefits to our customers first. Together, we’re investing in a more inclusive economy for everyone. Thank you for your support!

Learn more about 2019 Best For The World campaign. You can view the full Customers honoree list here.

About CNote

CNote is an award-winning, first-of-its-kind financial platform that allows anyone to make money investing in causes and communities they care about. With the mission of closing the wealth gap, CNote directs every dollar invested toward funding female- and minority-led small businesses, affordable housing and economic development through its nationwide network of CDFI community lenders.

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By CDFIs, Migration V2

CNote Adds Another Stellar CDFI Partner, The Entrepreneur Fund

CNote has entered into a partnership with The Entrepreneur Fund to serve as a new capital source, supporting their mission to actively partner with entrepreneurs to grow businesses and create vibrant sustainable communities.

CNote is working to build a more inclusive economy for everyone by offering competitive financial products that drive positive social change. CNote enables investors of any size to invest in Community Development Financial Institutions (CDFIs), like The Entrepreneur Fund, across the nation. CDFIs are community-focused lenders that provide funding to small businesses, affordable housing development and other projects in communities that often lack adequate access to financial resources.

With a strong focus on economic empowerment and security, The Entrepreneur Fund is a natural partner for CNote. Yuliya Tarasava, CNote’s Co-Founder, notes, “CNote is honored to partner with The Entrepreneur Fund. We’ve been impressed by the work they’ve done to economically revitalize the communities they serve. We strongly believe in their ability to leverage new investment capital to create great economic outcomes in the communities they support across Minnesota and Wisconsin.”

Since 1989, The Entrepreneur Fund has been dedicated to revitalizing underserved communities in Minnesota and Northwestern Wisconsin. They have helped start, stabilize or expand more than 2,400 businesses, provided over $50 million in loans, and served 16,000 people through its training, consulting and lending programs.

Shawn Wellnitz, President of The Entrepreneur Fund, remarked, “The Entrepreneur Fund is so excited to have CNote as our newest investor because they make it simple for so many people to have a powerful impact with their investments. CNote capital will help create jobs and support the economic development of the Midwest communities we serve.”

About CNote

CNote is an award-winning, first-of-its-kind financial platform that allows anyone to make money investing in causes and communities they care about. With the mission of closing the wealth gap, CNote directs every dollar invested toward funding female- and minority-led small businesses, affordable housing and economic development through its nationwide network of CDFI community lenders.

About The Entrepreneur Fund

The Entrepreneur Fund actively partners with small business owners in northeast Minnesota, central Minnesota and northwest Wisconsin to support small business growth and local economic development. The Entrepreneur Fund provides flexible financing, along with small business coaching and strategic support to promote a culture of entrepreneurship throughout the region.

Read the press release.