VHCDC

Our Goal: $1,000,000

Current Total:

$146,445

History of VHCDC

November, 2012
VHCDC introduces MBE Empowerment Fund™, a community development venture capital fund created to provide long-term equity, near equity, and debt investments in minority business enterprises. VHCDC seeks to raise $250,000 through private donations, corporate sponsorships, and grants to fund investments bettween $500 and $50,000 in select ventures based in the Commonwealth of Virginia..

February, 2012
The Community Development Financial Institutions Fund (the CDFI Fund) of the United States Department of the Treasury certified Virginia Housing and Community Development Corporation as a Community Development Entity (a "CDE"). Certification as a CDE means that VHCDC has demonstrated it has a primary mission of serving, and providing investment capital for, low-income communities or low-income persons; and maintains accountability to low-income communities through their representation on its governing board of directors.

October, 2011
VHCDC launches MBE Venture Weekend™ in select venues across the Commonwealth of Virginia. VHCDC has partnered with ECPI University to conduct quarterly, weekend events that challenge entrepreneurs to develop their ideas for innovative products and services and build and launch a viable business startup.

September, 2010
VHCDC launches MBE Capital Connect™ (dot com), an online platform connecting minority business owners to business capital and credit supplied by accredited investors, certified Community Development Financial Institutions, and U.S. Small Business Administration certified Community Development Corporations.

March, 2010
VHCDC partners with Elavon, a leading global provider of merchant acquiring services and subsidiary of U.S. Bank, to provide discount payment processing solutions for VHCDC program users.

February, 2010
VHCDC conducts its fourth MBE Capital Call™ Conference at the Hilton Garden Inn (Richmond International Airport, Virginia). The conference hosted 56 minority business owners from locales throughout the U.S. Guest speakers, panelists, and sponsors included: Corporate Advisory Group International, LLC; Creative Investment Research, Inc; Credit Union National Association; Defense Advanced Projects Agency; Federal Reserve Bank - Richmond; Fiscal Fitness Tax & Financial Services, Inc; Grants dot Gov; Hampton Roads Ventures, LLC; RBC Bank (USA); SJF Ventures, Inc; U.S. Department of Energy; U.S. Securities and Exchange Commission; and, U.S. Small Business Administration. Sessions are available on DVD.

August, 2009
VHCDC partners with RapidAdvance, LLC to provide VHCDC program users in need of a business cash advance now have a hassle-free alternative to borrowing from banks.

July, 2009
VHCDC partners with Orange Commercial Credit to provide VHCDC program users innovative and economical cash flow solutions.

September, 2008
VHCDC conducts its third MBE Capital Call™ Conference at the Homewood Suites by Hilton (Richmond International Airport, Virginia). The conference hosted 74 minority business owners from locales throughout the U.S. Guest speakers, panelists, and sponsors included: Bank of America, Ben Franklin Technology Partners of Southeastern Pennsylvania; Corporate Advisory Group International, LLC; Fiscal Fitness Tax & Financial Services, Inc; Genesis Financial Solutions, Inc; Second Look Capital, Inc; and, The Franchise Advantage.

September, 2007
VHCDC conducts its second MBE Capital Call™ Conference at the Hampton Convention Roads Center (Hampton, Virginia). The conference hosted 62 minority business owners from locales throughout the U.S. Guest speakers, panelists, and sponsors included: Bullock & Cooper, PC; CIT Small Business Lending Corporation; City of Hampton - Department of Economic Development; City of Newport News - Department of Economic Development; Commerce Funding Corporation; Cordova, Smart & Williams LLC; Corporate Advisory Group International, LLC; Creative Investment Research, Inc; Defense Advanced Projects Agency; Envest Ventures, Inc; Financial Security Management, Inc; Fiscal Fitness Tax & Financial Services, Inc; Hampton Roads Ventures, LLC; JB Bryan Financial Group, Inc; Interactive Educational Concepts, Inc; L & S Companies, Inc; P & L Group, Ltd; RBC Bank (USA); Tidewater Business Financing Corporation; U.S. Small Business Administration; Virginia Active Angel Network; Waterside Capital, Inc; and, Zel Technologies, LLC.

February, 2006
VHCDC introduces How to Get Provision ($$$) for the VISION seminars to assist minority business owners and aspiring entrepreneurs to access capital and credit to start and finance their business. The workshops were conducted at various venues through 2009 and is currently available on DVD.

September, 2005
VHCDC awards technical assistance grants totaling $25,500 to five (5) local businesses, winners of the MBE Capital Call Business Plan Competition.

June, 2005
VHCDC introduces MBE Capital Call™, an annual conference to educate, support, and promote investment in minority-owned businesses. The conference hosted 89 minority business owners from locales throughout the U.S. Guest speakers, panelists, and sponsors included: Envest Ventures, Inc; Historical Black Press Foundation; Investor's Circle; Kaufman & Canoles, PC; Merrill-Lynch; Minority Business Development Agency (Office of Business Development); National Association of Investment Companies (invited); National Center for Neighborhood Enterprise; Paradigm Financial Group, Inc; Pretium Management, LLC; Presidential Automotive Group, Inc; Ryla Teleservices, Inc; SJF Ventures, Inc; Strategic Transformation Partners LLC; U.S. Department of Housing and Urban Development; U.S. Small Business Administration; and, Williams Mullen - Private Equity Group

January, 2005
VHCDC introduces "Your Quiet Enjoyment" workshops to assist Virginia renters with understanding their rights and obligations under the Virginia Residential Landlord and Tenant Act. The workshops were conducted at various venues through 2008.

December, 2004
VHCDC awarded 501(c)3 tax-exemption status by U.S. Department of the Treasury, Internal Revenue Service.

February, 2004
Virginia Housing and Community Development Corporation (VHCDC) founded by James R. Taylor