2023 Nevada NMJA Program Allocatees

We are looking for businesses that are ready for growth, and managers and owners with passion and vision for their businesses. We want to help businesses grow with flexible solutions suitable for a broad range of industries- whether the business creates, distributes, manufactures, or disrupts. 

Range of investment: $2 million to $10 million. Advantage is able to pair other capital in conjunction with state NMJA to consider larger transactions.

AMCREF Community Capital is an impact-driven specialty finance firm financing innovative businesses that create quality jobs, environmental benefits and economic opportunities in local communities. Businesses financed include startups, for-profits, non-profits, and incumbent businesses seeking financing to grow and expand.

Range of investment: $2 million to $10 million.

Brownfield Revitalization will prioritize capital investments with borrowers and projects that are located in highly distressed areas that will have environmental benefits and economic opportunities to the people in low-income communities.  Businesses financed include community facilities, manufacturing/industrial, healthcare and retail projects. 

Range of investment:  $2 million to $8 million.

Central States Development Partners, Inc. is seeking to work primarily in majority minority communities and highly distressed census tracts with a focus on financing the following asset classes: manufacturing/industrial, healthcare, and multi-service community facilities. 

Investment range: $6 million to $15 million.

CBIF will finance for-profit and non-profit businesses or organizations located in highly distressed areas that create jobs and/or provide vital goods and services, with a priority for rural communities. These entities must demonstrate their capacity to employ and/or provide in-demand goods or access to services for low-income people, low-income community residents, and historically underserved populations. 

Investment range: $500,000+

We focus on growth-oriented businesses, primarily manufacturing/industrial or technical services focused that offer accessible, quality employment to the low-income community. 

Range of investment: $1 million to $8 million. CDVCA has capital from other funds that may be available for larger transactions. 

Consortium America, LLC is a CDE that will prioritize investments with borrowers located in highly distressed areas that focus on quality job creation and job training in manufacturing, healthcare, or community facility projects. 

Range of investment: $2.2 million to $7 million.

Enhanced Community Development is a CDE that provides debt capital to disadvantaged businesses and nonprofit organizations located in severely distressed low-income communities throughout its national lending footprint. 

Investment range: $2 million to $10 million.

Additional contact: Catherine Blume, cblume@enhancedcapital.com

Enterprise Financial CDE, and affiliate of Enterprise Bank and Trust, partners with growth-oriented businesses and community organizations in metro and non-metro regions to bring quality jobs and improved access to community services across the manufacturing and healthcare sectors, as well as multiservice community facilities and small operating businesses.

Investment range: $500,000 to $12 million.

Five Points Community Capital, LLC is an emerging CDFI and CDE with over 14 years of experience. The organization focuses on addressing the needs of underserved communities through NMTC enhanced financing. Five Points targets transactions for small businesses and nonprofits that require at least $4 million in NMTC financing. The organization aims to uplift low-income individuals and communities by creating quality, accessible jobs and providing social services to enhance community well-being. 

Investment range: $4 million to $10 million.

We're focused on supporting the creation of high-quality jobs through investments in a wide range of growth-focused industries including manufacturing, technology, distribution and more. 

Investment range: $2 million to $4 million. KHC has capital in addition to the current NMJA allocation available for investment in Nevada. 

We focus our investments on businesses in urban low-income areas that bring lasting, permanent, well-paying jobs; access to education for youth and adults alike; and the availability of affordable healthy food.

Investment range: $2 million to $7 million.

National Community Fund (NCF) provides NMTC financing to manufacturing plants and community facilities. NCF prioritizes projects based on their ability to create quality accessible jobs and increase access to high-quality commercial and community services for low-income families. 

Investment range: $500,000 to $2,236,842.

Pacesetter CDE is looking to invest in businesses and organizations that create jobs and generate significant community impacts within highly distressed areas.

Range of investment: $2 million+.

Petros Community Impact Fund is looking to invest in businesses and organizations that create jobs and generate significant community impacts within highly distressed areas.

Range of investment: $2 million+.

Prestamos CDFI is committed to driving economic growth by empowering businesses in highly distressed communities, with a particular focus on the manufacturing, healthcare and education sectors. We aim to partner with investors dedicated to creating quality jobs and promoting sustainable development. Prestamos provides access to capital with small business loans from $5,000 to $1 million. We also provide NMTC funding (see investment range below).

Investment range: $500,000 to $10 million.

We focus on expanding stable work opportunities through investments in businesses that grow quality, accessible jobs as well as investments in healthcare and workforce education that retain employers and employees alike in low-income communities. 

Range of investment: $1 million to $5 million.

Stonehenge actively seeks to invest in small businesses located in qualified low-income communities across a range of industries and stages of development. Through long-term growth capital investments at below market rates, Stonehenge aims to spur job creation and generate positive economic impact for the State of Nevada.

Investment range: $1 million to $2,230,000.

Additional contact: Jon Ernst, (614) 545-7258, jcernst@stonehengecapital.com

UACD is a Baltimore-based national CDE that seeks to transform distressed urban neighborhoods by investing in catalytic projects that create accessible, career-track jobs with an emphasis on projects promote access to healthy foods (retail, production and distribution), health care (primary, behavioral health and drug treatment facilities), commercial real estate in university-anchored districts, and manufacturing/industrial projects. 

Range of investment: $5 million to $50 million.

Access Community Capital is an impact-driven finance firm investing in businesses that create quality jobs and improve local Nevada communities through economic development. We invest in a wide range of businesses and nonprofits, including franchises, manufacturing, community facilities, and existing growth-oriented businesses. 

Range of investment: $250,000 to $2.5 million.

Additional contact: Nic Steele, nic@accesscdfi.org

We are looking for businesses that are ready for growth, and managers and owners with passion and vision for their businesses. We want to help businesses grow with flexible solutions suitable for a broad range of industries - whether the business creates, distributes, manufactures, or disrupts. 

Range of investment: $1 million to $5 million. Advantage is able to pair other capital in conjunction with state NMJA to consider larger transactions.

CBIF will finance for-profit and nonprofit businesses or organizations located in highly distressed areas that create jobs and/or provide vital goods and services, with a priority for rural communities. These entities must demonstrate their capacity to employ and/or provide in-demand goods or access to services for low-income people, low-income community residents, and historically underserved populations.

Investment range: $500,000+.

We focus on growth-oriented businesses, primarily manufacturing/industrial or technical services focused that offer accessible, quality employment to the low-income community.

Range of investment: $1 million to $8 million. CDVCA has capital from other funds that may be available for larger transactions.

We focus on expanding stable work opportunities through investments in businesses that grow quality, accessible jobs, as well as investments in healthcare and workforce education that retain employers and employees alike in low-income communities.

Range of investment: $1 million to $5 million.

Through its Impact NMJA Fund, Stonehenge seeks to support experienced small business owners in need of patient and flexible capital solutions. These businesses must be in the manufacturing or retail sectors, or alternatively, be majority owned by a defined disadvantaged group which includes women, disabled veterans, persons who are LGBTQ+, or members of a racial or ethnic minority. Stonehenge has provided tailored capital solutions for cash flowing small businesses across the state for over ten years, creating quality jobs in underserved communities. 

Investment range: $750,000 to $1,250,000 (leveraging additional Stonehenge Capital small business funds to potentially support larger financing needs of $1 million to $15 million).

Additional contact: Jon Ernst, (614) 545-7258, jcernst@stonehengecapital.com