Enhanced Capital is Looking for a Full-Time Climate Finance Analyst in St. Louis
September 10, 2024
We are seeking a highly motivated Climate Finance analyst or senior analyst to join our team of impact investing professionals in St. Louis.
September 10, 2024
We are seeking a highly motivated Climate Finance analyst or senior analyst to join our team of impact investing professionals in St. Louis.
August 29, 2024
Enhanced Capital President and CEO Michael Korengold will speak at ALTSSV on September 5th, from 11:20 am to 11:55 am PST in Mountain View, CA. He will be a featured panelist in the session titled “How Global Economic Shifts Are Creating the Golden Age of Private Credit.”
August 15, 2024
Enhanced Capital is pleased to announce that the Wilson Lofts redevelopment project and its developer, Economic Growth Corporation (GROWTH), received the Preservation at its Best award for “Adaptive Reuse” at the annual Preservation Iowa Summit.
August 12, 2024
Enhanced Capital’s Richard Montgomery, Managing Partner, will be speaking at the Alternative Capital and Economic Development Roundtable on Tuesday, August 13, from 9:00 a.m. to 12:00 p.m. CST in Austin, TX.
July 18, 2024
Enhanced Capital’s Head of Climate Finance, Ed Rossier, will speak at the CCS/Decarbonization Project Development, Finance & Investment Summit on a panel called “The Status and Future of Traditional Tax Equity Market for CCS” on Wednesday, July 24, from 4:45 pm – 5:30 pm in Houston, TX.
June 20, 2024
Enhanced Capital’s Head of Climate Finance, Ed Rossier, will speak at Four State Banking Conference on a panel called “Navigating the Tax Maze: Unveiling Investment Tax Credits for Financial Growth” on Thursday, June 27, at 1:30 pm in Stevenson, WA
May 16, 2024
Enhanced Capital, a leading impact investment firm founded in 1999, released its 2023 Community Impact Report. The report highlights Enhanced Capital’s progress in creating stronger and more sustainable communities through its investment focus areas: Climate Finance, Impact Real Estate, and Small Business Lending.
April 25, 2024
Enhanced Capital President and CEO Michael Korengold was recently featured in a PitchBook article titled “Private Credit 101: Rise of preferred equity deals can mean more flexibility, less debt.” The story explores the structure and benefits of preferred equity, its growing popularity in various market sectors, and its potential role in future private credit transactions.
April 12, 2024
Enhanced Capital Construction Project Manager Chris Shinaberry will speak at the 2024 CLRM Roundtable Conference on the “Variation of Scopes of Work for Construction Risk Management” panel in Nashville, TN, on Tuesday, April 16 at 9:45 am CT.
March 25, 2024
Impact investment firm Enhanced Capital Group (1999) is proud to be named to the ImpactAssets 50™️ (IA 50) 2024, a free publicly available, searchable database of impact investment fund managers globally.
March 21, 2024
Enhanced Capital Principal Doug Beekman will speak at the CMO Syndicate Executive Leadership Roundtables online event as an executive spotlight on “Structuring for Growth in a Rapidly Evolving Market — An Executive Discussion” Thursday, March 21st, at 12:00 pm ET.
March 14, 2024
Enhanced Capital’s Head of Climate Finance, Ed Rossier, will speak at the Energy Storage Summit USA 2024 on a panel called “Equity & Credit in the Post-IRA Era” in Austin, TX, on Tuesday, March 19th, at 12:35 pm CT.
March 4, 2024
We are seeking summer interns to join us for the 2024 summer session at our New York, New Orleans or St. Louis office. The ideal candidate should be prepared to work in a fast-paced environment and will finish the internship having gained experience in various aspects of our impact investing business.
February 7, 2024
Enhanced Capital Director Ian McCulley will speak at IMN’s ESG & Decarbonizing Real Estate Forum on the “Continued Growth of PACE Financing” panel on Thursday, February 8, 2024, at 12:05 PM CT in Nashville, TN.
January 19, 2024
Enhanced Capital recently volunteered at Keep Pinellas Beautiful on our corporate retreat to help clean and conserve the natural environment! Together, we tackled multiple pounds of trash in Clearwater, FL.
October 19, 2023
Enhanced Capital Director Ian McCulley spoke at iGlobal Forum’s Global Leaders in Real Estate Summit on a panel called “Utilizing C-PACE Financing for Carbon Emissions Reduction” on Tuesday, October 10th, at 2:00 pm ET in New York, NY.
October 17, 2023
Enhanced Community Development, a subsidiary of Enhanced Capital, announced that it has been awarded $40 million in New Markets Tax Credits (NMTC) allocation. This award marks the ninth time Enhanced Community Development has received a federal NMTC allocation, resulting in a cumulative total of $430 million in federal NMTC allocation since 2006.
October 3, 2023
Enhanced Capital is excited to announce the Bloomhaven Innovative Living Community received a 2023 Landmarks Illinois Richard H. Driehaus Foundation Preservation Award for Adaptive Reuse. This annual award program honors exceptional preservation efforts across Illinois and is celebrating its 30th Anniversary this year.
October 2, 2023
Enhanced Capital’s Head of Climate Finance Ed Rossier will speak at Infocast’s Tax Incentives 2023: Optimizing Post-IRA Opportunities on a panel called “Exploring the New Possibilities: Structuring and Restructuring PTC and ITC Based Renewable Energy Deals” in Houston, TX, on Wednesday, October 4th, at 3:30 pm CT.
September 18, 2023
Gingee Prince, Enhanced Capital‘s Chief Impact Officer and Managing Director, will be speaking at the Private Equity International (PEI) Responsible Investment Forum’s “Real assets and ESG integration” panel on Tuesday, September 19th at 3:20 pm PDT in San Francisco, CA.
July 13, 2023
Enhanced Capital’s Director on the Climate Finance team Lan Sasa was recently featured in Novogradac’s Rising Stars 2023, which spotlights 10 Rising Stars in community development.
June 26, 2023
Gingee Prince, Enhanced Capital‘s Chief Impact Officer and Managing Director, will be a moderator for the Indoor AgTech Innovation Summit’s “Finding Funding in a Challenging Economic Environment” panel on Thursday, June 29th at 4:30 pm ET in New York, NY.
June 1, 2023
Enhanced Capital’s Catherine Blume was pleased to attend the firm’s annual onsite Advisory Board meeting in Chicago on May 17th, 2023. While in Chicago, the Advisory Board visited the recently completed Copley Innovative Living Center and the North Austin Community Center.
May 17, 2023
Enhanced Capital, a leading impact investing firm founded in 1999, today released its 2022 Community Impact Report. The report details the Firm’s achievements in 2022 driving positive change by investing in businesses and projects that generate measurable social and environmental impact through its investment focus areas: Small Business Lending, Impact Real Estate, and Climate Finance.
May 12, 2023
Enhanced Capital’s Vice President of Climate Finance Anastasia Kiryushkina will speak at the Aon Global Power & Renewables Symposium in New York on Tuesday, May 16th at 11:30 am ET on a panel titled “The Inflation Reduction Act and Renewable Energy Investment.”
March 16, 2023
Enhanced Capital’s Head of Climate Finance Ed Rossier will speak on Anza Renewables’ free webinar called “How To Reduce Risk in PV Module Selection” on Thursday, March 23rd, at 2:00 pm ET.
March 6, 2023
For 23 years, Enhanced Capital has brought economic opportunity to disadvantaged and overlooked communities. Our investments have made a profound impact, transforming and supporting communities, local economies and businesses across America.
March 1, 2023
Enhanced Capital President and CEO Michael Korengold will speak at Private Equity International’s (PEI) Responsible Investment Forum on the “Track A – Continued Push Towards Impact Investing” panel Wednesday, March 1st at 2:40 pm ET in New York, NY.
February 28, 2023
Enhanced Capital proudly announces Black Girls CODE as the firm’s quarterly giving campaign winner! Enhanced Capital will match 100% of its employees’ combined contributions. Kimberly Bryant founded Black Girls CODE in 2011 to improve the pipeline of Black girls in tech.
February 22, 2023
Enhanced Capital Principal Doug Beekman will speak at Structured Finance Association’s SFVegas 2023 on the “Investing in Small Business Finance: Navigating the Consumer Finance Market” panel on Tuesday, February 28
February 15, 2023
Enhanced Capital’s Chris Shinaberry was pleased to join elected officials and hundreds of other community members at the ribbon-cutting for the opening of North Austin Community Center (NACC) in Chicago, IL.
February 7, 2023
Enhanced Capital Director Ian McCulley will speak at IMN’s ESG & Decarbonizing Real Estate Forum on the “Using C-PACE Financing to Boost Building Performance, Returns and Sustainability,” panel Tuesday, February 7, 2023 at 1:30 PM CST in Nashville, TN.
January 27, 2023
To support the Tate Etienne and Prevost Center’s (TEP) mission of teaching, exhibiting, and engaging visitors in the history of civil rights in New Orleans, Enhanced Capital is pleased to make a $1000 matching donation to the generous $1000 donation from U.S. Bancorp Community Development Corporation (USBCDC) to a nonprofit of our choice.
December 5, 2022
Enhanced Capital’s Michael Korengold, Shane McCarthy, Parthie Orth, Richard Montgomery, Dave Huston, and Mark Slusar joined P10’s Chairman and Co-CEO Robert Alpert, Co-CEO Clark Webb, and other members of leadership to ring the Opening Bell at the New York Stock Exchange on Monday, December 5, 2022.
November 21, 2022
Enhanced Capital Managing Director and Head of Climate Finance Ed Rossier spoke with Novogradac about the enactment of the Inflation Reduction Act of 2022 and its implications for renewable energy.
November 16, 2022
New Private Markets reporter Sam Birchall recently spoke with Enhanced Capital Managing Director and Head of Climate Finance Ed Rossier about how the firm looks to drive impact and risk-adjusted returns in community solar projects.
November 15, 2022
Enhanced Capital’s CEO and President Michael Korengold reconnected with Reshmi Basu for a Debtwire podcast episode titled, “Navigating market volatility with Michael Korengold of Enhanced Capital.”
November 2, 2022
Enhanced Capital is seeking an Asset Manager to join our Climate Finance team. This position is in-person and can be located in our St. Louis or New Orleans office with preference towards our St. Louis office.
September 9, 2022
Private Debt Investor published an article by Enhanced Capital Managing Partner Mark Slusar on small business lending and how private debt can improve healthcare facilities in underserved areas of the country.
September 8, 2022
Enhanced Capital Managing Director Dusty Dickerson, and Vice President Laurel Hearn spoke with Jordyn Hronec at the Pittsburgh Business Times about the redevelopment of the iconic Triangle Building in Pittsburgh, PA. This project was made possible through the firm’s partnership with developer Hullett Properties and federal and Pennsylvania Historic Tax Credits.
August 4, 2022
Enhanced Capital Director Ian McCulley was featured in a Commercial Observer article covering a mixed-use development known as the Rune in Alexandria, MN, that received equity and Commercial Property Assessed Clean Energy (C-PACE) financing from the firm.
July 25, 2022
Enhanced Capital Managing Partner Mark Slusar was recently featured in Creditflux’s Credit Rendezvous, where he commented on US direct lending and the pressure rising input costs put on small companies.
July 21, 2022
Enhanced Capital Group is pleased to announce the expansion of its strategic relationship with Crossroads Impact Corp, a holding company focused on investing in businesses that promote economic vitality and community development.
July 19, 2022
We are excited to announce that Enhanced Capital President and CEO, Michael Korengold, has been appointed chair of the Pancreatic Cancer Action Network’s (PanCAN) Board of Directors. Michael first joined PanCAN’s Board of Directors in 2014.
July 18, 2022
Enhanced Capital President and CEO Michael Korengold was recently featured on a Bloomberg TV Triple Take segment focused on cracks in the credit market. Triple Take segments provide three angles on a single topic in order to provide investors and viewers with a balanced and complete perspective on the world.
July 13, 2022
Enhanced Capital Managing Director and Head of Climate Finance Ed Rossier spoke with GlobeSt about SEC efforts to mandate ESG disclosure frameworks to prevent potentially misleading ESG investment activity.
July 12, 2022
Enhanced Capital President and CEO Michael Korengold will speak at Debtwire and Creditflux’s US Private Credit Forum on the “ESG investing in private credit: the path to sustainability” panel Tuesday, July 12th at 1:15 pm ET in New York, NY.
July 12, 2022
Ian McCulley, a Director at Enhanced Capital, will speak at Information Management Network’s (IMN) ESG & Decarbonizing Real Estate Forum in a panel on “How ESG is Providing Tailwinds for the Growth of C-PACE Financing” Tuesday, July 12th at 3:15 pm PT in Dana Point, CA.
July 8, 2022
Enhanced Capital Chief Impact Officer Gingee Prince and Director Doug Beekman recently spoke with Augusta Business Daily about the firm’s investment in Paine College, a historically black college located in rural Augusta, GA.
June 23, 2022
Gingee Prince, Enhanced Capital‘s Chief Impact Officer and Managing Director, will speak at the Indoor AgTech Innovation Summit’s “Which Finance Models Work Best in Scaling Controlled Environment Agriculture (CEA)?” investor debate today, June 23rd at 5:20 pm ET in Brooklyn, NY.
June 8, 2022
Ed Rossier, Enhanced Capital’s Head of Climate Finance, will speak at the American Council on Renewable Energy (ACORE) Finance Forum’s “The Wall of ESG-Motivated Capital” panel on Wednesday, June 8th at 3:00 pm ET in New York.
May 23, 2022
Enhanced Capital President and CEO Michael Korengold recently shared his insights in a GlobeSt.com article titled “Community Reinvestment Act Could Receive Meaningful Overhaul.”
May 18, 2022
Enhanced Capital’s President and CEO Michael Korengold will be speaking at the upcoming Private Equity International Impact Investor Global Summit in London on May 18th and 19th in a session on “The role of impact financing in creating change.”
May 17, 2022
Enhanced Capital President and CEO Michael Korengold provided insight for an article by Long Island Business News on “Inflation and higher energy costs squeezing small businesses.”
May 11, 2022
An article focusing on the impact real estate space by Enhanced Capital President and CEO Michael Korengold was published in the March Edition of Real Assets Adviser and subsequently republished in Institutional Real Estate Americas and Institutional Real Estate Asia Pacific.
May 4, 2022
Enhanced Capital, a leading impact investing firm with over 20 years of experience investing in Small Business Lending, Impact Real Estate, and Climate Finance, today released its 2021 Community Impact Report.
April 18, 2022
Enhanced Capital is pleased to announce its investment in the adaptive reuse of the McDonogh 19 Elementary School campus came in third place in the “Small Ticket Financing of the Year ($25M or less)” category in Real Estate Capital USA’s 2021 awards.
April 14, 2022
Middle Market Growth featured Enhanced Capital President and CEO Michael Korengold in an article on “How Public Scrutiny of ESG Impacts Private Equity’s Investment Strategy.”
April 13, 2022
Ian McCulley, a Director at Enhanced Capital, spoke about the Firm’s investment in Tormenta Football Club (Tormenta FC) and its significant impact in Statesboro, GA, on WSAV, a local NBC and CW affiliate.
April 12, 2022
Enhanced Capital President and CEO Michael Korengold spoke with Carolyn Vallejo for a GrowthTV episode titled “How to Measure the Impact of Impact Investing.”
March 29, 2022
Enhanced Capital was honored to join developer HRI Communities at the ribbon-cutting for the opening of Bottle Art Lofts, an adaptive reuse development and affordable apartment community in Lafayette, LA.
March 21, 2022
Impact investment firm Enhanced Capital Group (1999), which invests in overlooked projects with tangible community benefits, was named to the ImpactAssets 50 (IA 50), a free annual database for impact investors, family offices, corporate and family foundations, and institutional investors.
March 16, 2022
The ideal candidate should be prepared to work in a fast-paced environment and will finish the internship having gained experience in various aspects of our impact investing business.
March 11, 2022
Enhanced Capital’s CEO Michael Korengold recently spoke about the firm’s investment in the ND Paper Old Town Paper Mill for a segment airing on NEWS CENTER Maine Media, a local NBC affiliate.
March 4, 2022
Gingee Prince, Enhanced Capital’s Managing Director and Chief Impact Officer, is pleased to join James Williams on his latest edition of the Green Horizons podcast, which is dedicated to exploring ESG practices within private market investments.
February 23, 2022
Dusty Dickerson, a Managing Director at Enhanced Capital, recently spoke with Samantha Rowan of Real Estate Capital USA for a piece on “Filling the Affordable Housing Lending Gap” for the February/March 2022 issue.
January 27, 2022
“We look for investments that create not just a financial return but also an impact return,” stated Michael Korengold, Enhanced Capital’s CEO and President, in a podcast with Debtwire’s Reshmi Basu, discussing the impact investing space.
January 5, 2022
In Barron’s Penta’s latest “Future Returns” column, Enhanced Capital President and CEO Michael Korengold discussed how our approach to impact investing aligns with economic development programs to meet public policy goals and generate financial returns.
November 10, 2021
On Wednesday, November 10th at 3:15 – 4:00 pm ET, Enhanced Capital’s Gingee Prince will discuss the increasingly important role that ESG is playing in private credit at Debtwire and Creditflux’s US Private Credit Forum.
November 1, 2021
On Thursday, November 4th at 1:30 – 2:30 pm ET, Enhanced Capital’s Ed Rossier will share his insight on various issues, including tax position insurance, basis risk, merchant tails, and carbon capture at the Novogradac 2021 Fall Renewable Energy and Environmental Tax Credits Conference.
October 6, 2021
Enhanced Capital is proud to participate in an innovative state program to provide rural small businesses in Pennsylvania, such as Sharpsville Container Corporation (SCC), with access to capital. SCC is a process equipment manufacturer that offers integrated engineering solutions primarily focused on fluid and gas handling containment.
September 24, 2021
Enhanced Capital’s Dusty Dickerson speaks at Novogradac’s 2020 Historic Tax Credit Virtual Conference Thursday, September 24th from 2:30 pm – 3:30 pm ET. Dusty will provide his expertise on a panel discussing strategies for accessing investor capital.
August 10, 2021
On Friday, August 13th at 10:45 am CT, join Enhanced Capital’s Ian McCulley to explore how property owners are using Commercial Property-Assessed Clean Energy (C-PACE) financing to increase cashflow and lower expenses in response to pandemic-related challenges at Missouri Energy Initiative’s (MEI) virtual Midwest Energy Policy Series on Energy Efficiency.
June 29, 2021
On Tuesday, June 29, Enhanced Capital panelists Michael Korengold, Dusty Dickerson, Ian McCulley, and moderator Peter Neumeier discussed deploying capital with environmental, social, and community considerations at France Media’s Impact Investing: ESG/C-PACE/Brownfield Remediation webinar.
May 19, 2021
On Thursday, May 20th at 11:00 AM CST, join Enhanced Capital’s Ian McCulley to discuss the basics of Commercial Property-Assessed Clean Energy (C-PACE) at Cook County’s C-PACE Finance Program webinar.
April 20, 2021
Enhanced Capital today released its 2020 Community Impact Report celebrating over 20 years of dedication to financing small businesses, renewable energy, energy efficiency, and community revitalization projects that generate significant quantifiable social and environmental impact and economic growth.
March 31, 2021
On Wednesday, March 31st at 8:30 AM CST, join Enhanced Capital’s Ian McCulley and Peter Neumeier to discuss how to navigate the Commercial Property-Assessed Clean Energy program and fund sustainability improvements at Bisnow’s C-PACE 101 webinar.
March 1, 2021
On Wednesday, March 10th at 10:45 AM CST, join Enhanced Capital’s Ian McCulley and Peter Neumeier to discuss Commercial Property Assessed Clean Energy (C-PACE) in the Philadelphia market at Bisnow’s Philadelphia Capital Markets & CRE Finance webinar.
February 17, 2021
A small business that launched motorcycle and American V4 engine production in 2014 in Alabama thanks in part to an investment through Enhanced Capital has found so much success that it’s now identifying additional opportunities for similar economic growth in the state.
February 16, 2021
Today, Enhanced Capital Group, LLC announced its investment in SMiZE Cream, a start-up ice cream business wholly owned by entrepreneur and supermodel Tyra Banks. SMiZE Cream is the first deal of the Enhanced Capital and TriLinc Global, LLC partnership, aiming to provide financing to growth-oriented small businesses that support local economies throughout the US.
December 7, 2020
As the COVID-19 pandemic continues to impact our economy, it is important to support small retail businesses in our communities. Small businesses have a tremendous impact on the growth and innovation of local economies, as they are a critical component of the US labor market for both job creation and retention. For more than 20 years, Enhanced Capital has provided small businesses with the access to capital they need to grow and create jobs.
August 28, 2020
Throughout the first and second quarter of 2020, Enhanced Capital provided $19.6 million in impact investments to small businesses located in underserved areas. A total of 12 new projects across 7 states were added to Enhanced Capital’s impact lending portfolio.
August 28, 2020
Throughout the first and second quarter of 2020, Enhanced Capital provided $72.9 million in funding through tax credit programs.
July 16, 2020
Enhanced Community Development, a subsidiary of Enhanced Capital, announced that it has been awarded $35 million in New Markets Tax Credits (NMTC) allocation. This award marks the eighth time Enhanced Community Development has been awarded federal New Markets Tax Credits. Including this most recent round, Enhanced Community Development has received a total of $390 million in federal NMTC allocation.
May 28, 2020
Enhanced Capital today released its 20th Anniversary Retrospective celebrating two decades of providing transformative capital to small businesses and underserved communities.
August 19, 2019
Enhanced Capital has announced the launch of its national Commercial Property Assessed Clean Energy (C-PACE) financing platform. Enhanced will finance eligible energy efficiency measures in qualifying programs throughout the U.S. By offering C-PACE financing, Enhanced continues its mission of supporting and strengthening local communities.
March 21, 2019
The Georgia Agribusiness and Rural Jobs Act (GARJA) program is continuing to support growth in the state’s agricultural industry through an investment in Keith Griffin Farm. The company is an affiliate of family-owned Luther Griffin Farm, a 7,400-acre farm near Bainbridge, Georgia. With financing from Enhanced Capital, Keith Griffin Farm was able to purchase additional land and install irrigation systems to support this expansion.
March 21, 2019
The new federal Opportunity Zone program benefits local businesses and municipalities alike, according to speakers at a recent workshop involving about 100 business owners, developers, public officials, investors and others who gathered to learn more about Opportunity Zone funds in Connecticut.
February 2, 2019
Three redevelopment projects financed by Enhanced Capital are making waves in the architecture world as some of the country’s “most brilliant factory revivifications.”
Featured in the recent Architectural Digest article “Architects Find New Inspiration in Abandoned American Factories,” historic rehabilitation efforts are reinventing decaying urban and industrial landscapes as they bring luxury hotels, retail spaces and galleries into operation. Enhanced Capital is proud to have invested in three of the eight projects that made the list.
January 1, 2019
A shuttered manufacturing facility in rural Eatonton, Georgia, will re-open its doors and restore dozens of jobs thanks to an investment from Enhanced Capital through the Georgia Agribusiness and Rural Jobs Program.
With over 35 years of experience in the fabricated wood millwork industry, George Habib has opened Cabinet Concepts, manufacturing affordable cabinets for new home construction as well as kitchen and bath renovation projects.
November 15, 2018
Enhanced Capital announced today an investment in MCS Manufacturing through the Ohio Rural Business Growth Program that provided MCS with flexible capital for working capital and expansion initiatives. With this financing, MCS has the liquidity and financial flexibility needed to pursue growth objectives, including the hiring of additional staff members.
“MCS Manufacturing is expanding quickly to meet the growing need for manufacturing services,” said CEO and President Aaron Call, who founded MCS Manufacturing in 2008. “Enhanced Capital’s flexible financing has allowed MCS to increase production of quality, custom products for our clients.”
September 7, 2018
Under a recently enacted Ohio small business investing program, Enhanced Capital has closed a $25 million state-approved capital formation fund to provide financing to small businesses in the rural counties of Ohio. The goals of the Ohio Rural Business Growth Program include attracting capital investment, retaining existing jobs, creating new jobs within existing businesses and attracting new business and industry to rural counties of Ohio.
August 9, 2018
Under a recently enacted Georgia small business investing program, Enhanced Capital has formed a state-approved capital formation fund to provide financing to small businesses in rural parts of the state.
While Atlanta and larger metropolitan areas are booming, many rural communities in Georgia continue to see their local economies fall behind as businesses close and residents migrate to larger cities. In 2017, the Georgia General Assembly approved the Georgia Agribusiness and Rural Jobs Act (GARJA) to address access to capital needs for small businesses in rural Georgia.
July 20, 2018
The recently released 2018 New Markets Tax Credit (NMTC) Progress Report highlights the growing demand and need for NMTC funding to expand businesses and create jobs in distressed communities.
The 14th edition of the report, released by the New Markets Tax Credit Coalition in June, reviews and analyzes NMTC activities in 2017. By deploying over $3.9 billion in NMTC allocations, community development entities such as Enhanced Community Development, a subsidiary of Enhanced Capital, financed 272 NMTC projects last year, the report shows. Over 83 percent of the projects financed were in severely distressed communities, bringing health care facilities, manufacturing businesses, vocational training centers and jobs to many low-income families across the United States.
July 10, 2018
Bicameral, bipartisan legislation (S. 3058 and H.R. 6081) recently introduced by U.S. Sens. Bill Cassidy (R-LA) and Bill Cardin (D-MD) and U.S. Reps. Darin LaHood (R-IL) and Earl Blumenauer (D-OR) would strengthen the federal historic tax credit (HTC) and encourage historic rehabilitation projects in communities across the country.
June 12, 2018
Enhanced Capital is proud to share that Paul Falvey has been recognized by the Hartford Business Journal as Chief Financial Officer of the 2017 for companies with more than 100 employees. Mr. Falvey serves as CFO of PhysicianOne Urgent Care, which received financing through Enhanced Capital through the Invest CT program.
March 9, 2018
A cutting-edge clean energy company converting waste into renewable energy, a specialty agricultural operation in rural America, a new school in a hurricane-impacted neighborhood in New Orleans and a manufacturing business providing jobs in Utah are among projects highlighted in Enhanced Capital’s new Community Impact Report. Released at the beginning of 2018, this report highlights the positive impact of recent economic development projects supported by Enhanced Capital.
Since 1999, Enhanced Capital has been committed to providing capital to businesses underserved by many traditional investors. From the opening of a tissue mill in rural Maine, to the expansion of a renewable energy facility in Utah, we have witnessed the catalytic economic impact our investments have within communities across the nation.
August 11, 2017
A new independent report commissioned by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) found that the New Markets Tax Credit (NMTC) Program is meeting and exceeding program and compliance requirements and continuing to attract job-creating investments in economically distressed communities.
April 13, 2017
A homegrown tech business is making strides toward developing New Orleans’ high-tech industry and expanding its local and global footprint thanks to an initial investment through Louisiana’s Certified Capital Company (CAPCO) program.
Lucid, a 5-year-old market research firm that received an investment from Enhanced Capital through the Louisiana CAPCO program, has gone from being a promising tech startup to a high-growth business with global aspirations.
February 8, 2017
Inbox Health, a startup transforming patient billing and payments, has closed a $1.5 million Seed Round of funding. The round was led by Connecticut Innovations, with participation from Launch Capital, Enhanced Capital, I2BF Global Ventures, David Sturek (partner at Giganteus PE Management), Mohawk Ventures, and Margaret Ricciardi. The round will help the company accelerate its sales and marketing efforts, as well as to grow their research and development team.
December 28, 2016
Through the state of Connecticut’s Invest CT program, Enhanced Capital has provided private growth capital to a variety of Connecticut-based businesses. One of those companies, Spot On Networks, recently announced an exciting project.
The project, Queensbridge Connected, will bridge a major digital divide as the largest affordable housing, community-wide WiFi network in the United States. Spot On Networks, a managed wireless service provider headquartered in New Haven, Connecticut, recently turned on the new network at the Queensbridge housing complex, in Long Island City, New York, which includes more than 3,000 units in 95 buildings with 7,000 residents.
November 17, 2016
Enhanced Community Development, a subsidiary of Enhanced Capital, announced that it has been awarded $90 million in New Markets Tax Credits (NMTC) allocation. This award marks the sixth time Enhanced Community Development has been awarded New Markets Tax Credits.
September 22, 2016
Brighter Health Network, LLC (BHN), which offers medical diagnostic solutions such as urodynamic testing services, today announced it has acquired Urodynamic Testing Specialists (UTS) for an undisclosed amount. The acquisition is expected to be immediately accretive to earnings and will significantly increase BHN’s top and bottom lines.
July 17, 2016
Enhanced Capital’s Catherine Blume took home the Millennial Award in the Financial Services category after being chosen as one of three finalists from over 200 nominations. The “Voices of a Generation” themed Millennial Awards external link honored New Orleans millennials who make significant contributions in their industry and well as making a positive impact in the community.
February 1, 2016
Senate Majority Leader Bob Duff (D-Norwalk) joined Syd Kain, President of Sovereign Home Health Connecticut, at the company’s Norwalk headquarters to tout the state’s InvestCT program (formerly the Insurance Reinvestment Fund) which helped Sovereign Home Health create 40 jobs.
“Because of Enhanced Capital and InvestCT program, we were able to put Sovereign Home Health of Connecticut on a growth course,” Kain concluded.
February 1, 2016
Senate Majority Leader Bob Duff (D-Norwalk) joined Syd Kain, President of Sovereign Home Health Connecticut, at the company’s Norwalk headquarters to tout the state’s InvestCT program (formerly the Insurance Reinvestment Fund) which helped Sovereign Home Health create 40 jobs.
“Because of Enhanced Capital and InvestCT program, we were able to put Sovereign Home Health of Connecticut on a growth course,” Kain concluded.
September 28, 2015
Enhanced Capital (“Enhanced”), a New York-based private investment firm, and FocusPoint Private Capital Group (“FocusPoint”), a FINRA member focused on private capital raising, have formed Enhanced FocusPoint (“EFP”), a partnership to source, seed and launch a series of private investment funds.
Enhanced Community Development, a subsidiary of Enhanced Capital, has been awarded a $50 million allocation in the competitive federal New Markets Tax Credit (NMTC) program. Administered by the Community Development Financial Institutions Fund of the U.S. Department of the Treasury, the New Markets Tax Credits allocations for the 2018 allocation round were announced May 23.