Bringing People Back: Why we need targeted rural investing

August 23, 2022
Written by:
Ryan Dressler
Principal
← Back to News

Fortifying rural America is crucial to the health and well-being of our country, but rural America is often overlooked by private capital.  The strongest remedy for rural communities in decline is to reverse out-migration, boost population growth and nurture talent. It is people who occupy positions of both customer and product of a community – thus making people the barometer of community vitality.  It’s a vicious cycle, rural communities in economic distress are losing their young talented workforce, which in turn makes the economic distress more acute. Why is this happening and how can public policy on the state and federal level reverse this trend?

Understanding out-migration from rural areas starts with asking why young people, after high school or college, pick up and leave their hometown. According to the U.S. Census Bureau’s Current Population Survey (CPS), 88% of people move for three reasons: housing, family, and work.  Of these three, work is usually the missing link in a rural town where the incentives of deep family ties and affordable housing would otherwise keep people in place.  Those who temporarily leave rural areas leave for school, work or romance will move back home for family and lifestyle if work is available.

So, how do you keep people from moving? You start by sparking the entrepreneurial spirit by providing incentives to those who are willing to build businesses with the kind of quality jobs that allow people support their families and live a good life.

“The difference between the great and good societies and the regressing, deteriorating societies is largely in terms of the entrepreneurial opportunity and the number of such people in the society. I think everyone would agree that the most valuable 100 people to bring into a deteriorating society would be not 100 chemists, or politicians, or professors, or engineers, but rather 100 entrepreneurs.” -Abraham Maslow

Simply put, communities need people, people need jobs, and entrepreneurs create jobs. However, starting a business is inherently risky.  Entrepreneurs abandon paychecks, invest personal capital, bet on forecasts, race toward milestones, and sacrifice their personal time and sometimes their health to create something new and innovative that others will come to depend on.  

One of the biggest obstacles to entrepreneurial opportunity in rural areas is the availability of private investment capital.  According to the USDA Rural Eligibility, rural America accounts for 14% of the U.S. population and 97% of U.S. landmass, yet only 1% of nontraditional private investments have been made in rural communities since 2000. And small business loans under $1 million fell from 40% of all commercial loans in 2004 to less than 20% of bank loan portfolios in 2016.  

Flexible capital is often out of reach, but programs at both the federal and state level are excellent tools to correct this deficit by attracting private investment into rural communities.

The Power of Economic Development Programs

The federal New Markets Tax Credit (NMTC) program has driven over $65 billion of private capital to entrepreneurs in overlooked areas since 2003.  In 2021 alone, 31.5% of all NMTC investments were in rural areas (over 30x the private market ratio of investment) and those investments helped entrepreneurs create 13,000 quality jobs.

Since 2007, 18 states have passed their own NMTC or similar programs. These programs have encouraged an additional $6 billion in private capital investment in 18 states.  Six states, including Alabama, Georgia, Michigan, Ohio, Pennsylvania, and Utah, have put in place tax credit incentives specifically targeted to create rural jobs.  Entrepreneurs in these states have access to low-cost flexible capital and gain expert operational support from private investors reducing many of their risks. The result?  NMTC increases entrepreneurial opportunity.

The details of these programs vary from state to state, but they all function by incentivizing capital investment in small businesses located in rural census tracts.   The eligible industry sectors vary based on the priorities of the state. Under the Georgia Agribusiness and Rural Jobs Act (GARJA), eligible sectors are agriculture, manufacturing, health care, technology, and transportation. Under the Utah Small Business and Rural Job Creation Tax Credit Act (UT SBJA and RJA), sectors range widely, from aerospace to food.

The Impact of Targeted Investment is Enormous

In Utah, almost half of the 67 bank branch closures since 2014 were in rural areas, making it incredibly difficult for small businesses in these areas to receive capital. To address this challenge, the state set a goal to create 25,000 new rural jobs over time through programs like the Utah Rural Jobs Act. Through this program as well as the Utah state NMTC, Advantage Capital has invested almost $30 million over a five-year period, creating 265 jobs, and retaining 198 jobs with average wages nearly 50% higher than the state mean.

In Ohio, the Ohio Rural Business Growth Act (RBG) passed in 2017 to foster small business expansion and permanent job creation in rural Ohio counties.  Advantage Capital has invested $25 million in six rural Ohio businesses in conjunction with the OH RBG, collectively supporting and creating hundreds of jobs and stabilizing small business operations during the pandemic. Overall, by 2020, the program had supported 23 small businesses across 22 different rural communities and created an estimated 1,028 quality jobs thus far.

These investment programs boast impressive metrics, but their catalytic impact goes beyond numbers.  By offering strong wages, good benefits, and other wealth-creating opportunities, these programs are lifting families and households out of poverty, stabilizing rural populations, and incentivizing growth economic vitality in rural areas across the country. Most importantly, they focus on supporting entrepreneurs, who at the end of the day, are the essential engine of job creation.

Want to learn more about the power of targeted investment programs and their impact on communities across the country? Download our annual impact report here.

Authored by: Ryan Dressler, Principal

Recent Press

Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

UnityLab Secures $4.5 Million Series A Funding to Accelerate Growth, Add Jobs and Expand Manufacturing Operations in Dushore, Pennsylvania

Advantage Capital leads round to fuel UnityLab’s market expansion strategy and mission to bring manufacturing, innovation, and a positive impact to small towns across the USA.

UnityLab Secures $4.5 Million Series A Funding to Accelerate Growth, Add Jobs and Expand Manufacturing Operations in Dushore, Pennsylvania
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Beehive Industries Receives $2.1 Million Investment to Accelerate Market Growth for Cloud-Based Integrated Software Systems

The Community Development Venture Capital Alliance (CDVCA), in partnership with Advantage Capital, announced today a $2.1 million investment in Beehive Industries to help accelerate the company’s go-to-market strategy for its cloud-based integrated software systems.

Beehive Industries Receives $2.1 Million Investment to Accelerate Market Growth for Cloud-Based Integrated Software Systems
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Names Julie Laperouse Chief Talent Officer to Support Venture Capital, Impact Investing Firm’s Continued Growth

New Chief Talent Officer will lead recruiting, leadership development, oversee all Human Resources initiatives for the firm

Advantage Capital Names Julie Laperouse Chief Talent Officer to Support Venture Capital, Impact Investing Firm’s Continued Growth
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

The Political Life Podcast: Combining Investing and Government Relations with Rachel Stern

This week, Advantage Capital's own, Rachel Stern joined The Political Life Podcast to discuss InState Partners' work in supporting emerging GovTech Businesses.

The Political Life Podcast: Combining Investing and Government Relations with Rachel Stern
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Invests $7.5 Million in FIAT Products, Securing Jobs in Somerset

A recent investment in connection with the Kentucky New Markets Development Program will help FIAT Products stay in Somerset, transition to American-owned company.

Advantage Capital Invests $7.5 Million in FIAT Products, Securing Jobs in Somerset
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Hires Pete Byford as Senior Vice President

New SVP will co-lead the expansion and acceleration of growing business line dedicated to bringing capital, quality jobs to underserved areas across America

Advantage Capital Hires Pete Byford as Senior Vice President
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Lockers Manufacturing Receives $2.5 Million Investment to Support Growth and Expansion in Batesville, MS

Advantage Capital’s $2.5 million investment in Lockers Manufacturing will help the company onshore production, bringing 60 jobs to Batesville, MS.

Lockers Manufacturing Receives $2.5 Million Investment to Support Growth and Expansion in Batesville, MS
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Releases Annual Impact Report

Venture Capital Firm, Small Business Lender, Impact Investor Advantage Capital Releases Job Creation, Community Impact Results; Reaches Major Milestone Celebrating 30th Anniversary as a Firm

Advantage Capital Releases Annual Impact Report
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Kansas Approves New Program Designed to Drive Affordable Housing Development in Distressed Areas Across the State

Impact Investor Advantage Capital Prepared to Provide Flexible Financing, Creative Capital Solutions to Support Projects that Create Community Stability

Kansas Approves New Program Designed to Drive Affordable Housing Development in Distressed Areas Across the State
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

‘Empower the Change’ Growth Fund Aims to Close the Racial Wealth Gap

Venture Capital Firm, Small Business Lender, Impact Investor Advantage Capital Teams Up with NMSDC Business Consortium Fund to Introduce, Unveil the Empower the Change Fund

‘Empower the Change’ Growth Fund Aims to Close the Racial Wealth Gap
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Invests $2.75 Million in Thomson Plastics, Bringing Economic Growth to Rural Georgia

Advantage Capital, a venture capital firm, small business lender and impact investor, today announced a $2.75 million investment in Thomson-based plastic injection molder, Thomson Plastics, Inc. The funding, made in connection with the Georgia Agribusiness and Rural Jobs Act (GARJA), will provide the company with working capital necessary to execute on growth opportunities and continue expanding its business in Thomson.

Advantage Capital Invests $2.75 Million in Thomson Plastics, Bringing Economic Growth to Rural Georgia
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital and the NMSDC Business Consortium Fund Announce New Private Growth Fund

Advantage Capital and the NMSDC Business Consortium Fund (BCF) announced today the launch of a new fund dedicated to providing access to capital to minority-owned business enterprises (MBEs). The partnership represents a unique pairing that brings together the BCF’s 30-year history of providing access to capital to entrepreneurs of color with Advantage Capital’s 30 years of investment expertise in highly distressed urban core and rural communities.

Advantage Capital and the NMSDC Business Consortium Fund Announce New Private Growth Fund
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Hires Jeff Grass as Vice President of Communications and Stakeholder Engagement

Venture capital firm, small business lender and impact investor Advantage Capital has hired Jeff Grass to lead all corporate communications and marketing activities as Vice President of Communications and Stakeholder Engagement.

Advantage Capital Hires Jeff Grass as Vice President of Communications and Stakeholder Engagement
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Recognized as a Real Leaders 200 Top Impact Company for 2022

Venture capital firm, small business lender and impact investor, Advantage Capital announced today its ranking on the 2022 Real Leaders 200 Top Impact Companies list. Recognized as one of the world’s top impact companies for the fourth year in a row, Advantage Capital invests in small and growing businesses in economically underserved communities, to support jobs and drive inclusive economic growth.

Advantage Capital Recognized as a Real Leaders 200 Top Impact Company for 2022
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Awarded $60 Million Allocation in New Markets Tax Credit Program

U.S. Treasury program totals $5 billion to promote economic growth and jobs in distressed communities across the country.

Advantage Capital Awarded $60 Million Allocation in New Markets Tax Credit Program
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Invests $2 Million in FlyGuys

Series A funding, in connection with Louisiana’s New Markets Tax Credit Jobs Act, supports FlyGuys’ growth in nascent drone industry

Advantage Capital Invests $2 Million in FlyGuys
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Invests $2.75 Million in Neighbors Cookies

Advantage Capital today announced a $2.75 million investment in West Monroe-based cookie dough and confectionary distributor, Neighbor’s Cookies. The investment will provide this woman-owned business with capital to expand operations and bring on as many as 15 new employees.

Advantage Capital Invests $2.75 Million in Neighbors Cookies
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Trucking Innovation Secures $1.38M New Markets Investment from Advantage Capital

Investment fuels job growth and continued expansion in minority-owned and operated business; job count expected to more than double in two years.

Trucking Innovation Secures $1.38M New Markets Investment from Advantage Capital
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Hires Two Community Finance Fellows

Open Access Fellowship program aims to address underrepresentation by Black, Latinx and diverse professionals in community development finance

Advantage Capital Hires Two Community Finance Fellows
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Recognized as a Real Leaders 150 Top Impact Company for 2021

Ranking #39 out of 150, Advantage Capital joins companies like Patagonia, Beyond Meat and Tesla in this year’s list.

Advantage Capital Recognized as a Real Leaders 150 Top Impact Company for 2021
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Leads $4.25 Million Series A Round in AI Elder Care Solution Company, Ai2

An Investment in Algorithmic Intuition (Ai2) is powering the growth and expansion of this first-of-its-kind solution that pairs existing sensor technology with an open architecture, artificial intelligence (AI) platform to provide comprehensive eldercare monitoring.

Advantage Capital Leads $4.25 Million Series A Round in AI Elder Care Solution Company, Ai2
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Invests $2.1 million in Las Vegas-Based Market Research Firm Precision Opinion

Advantage Capital today announced a $2.1 million investment in Las Vegas-based market research firm, Precision Opinion. The investment, made in connection with the Nevada New Markets Jobs Act (NMJA), provides working capital to support product development, sales and marketing, and talent acquisition.

Advantage Capital Invests $2.1 million in Las Vegas-Based Market Research Firm Precision Opinion
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Completes Financing with Las Vegas-Based Staffing Agency, All-In Recruiting

Advantage Capital today announced a small business loan in Las Vegas-based staffing and recruitment agency, All-In Recruiting. This minority- and woman-owned boutique agency specializes in placing top talent and diverse professionals in mid- to senior-level positions for tech giants such as Microsoft and SharkNinja.

Advantage Capital Completes Financing with Las Vegas-Based Staffing Agency, All-In Recruiting
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital survey: Job retention among small business portfolio companies remains consistent with pre-pandemic levels

Mid-year 2020 survey highlights jobs-based impact of portfolio companies nationwide

Advantage Capital survey: Job retention among small business portfolio companies remains consistent with pre-pandemic levels
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Announces a $2.5 Million Investment in Las Vegas-Based Aviation Service Company, Maverick Helicopter

Advantage Capital today announced a $2.5 million investment in Las Vegas-based aviation service company, Maverick Helicopter. The investment will help the company weather the economic downturn attributed to COVID-19 and retain nearly 300 Nevada employees.

Advantage Capital Announces a $2.5 Million Investment in Las Vegas-Based Aviation Service Company, Maverick Helicopter
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

St. Louis-based Advantage Capital Secures $60 Million Allocation in New Markets Tax Credit Program

U.S. Treasury program totals more than $3.5 billion to promote economic growth and jobs in distressed communities across the country.

St. Louis-based Advantage Capital Secures $60 Million Allocation in New Markets Tax Credit Program
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Solar Partners Completes Financing With Generate Capital

Advantage Capital is partnering with Generate to facilitate the adoption of community solar projects in New York.

Advantage Capital Solar Partners Completes Financing With Generate Capital
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Awarded $60 Million Allocation in New Markets Tax Credit Program

U.S. Treasury program totals more than $3.5 billion to promote economic growth and jobs in distressed communities across the country.

Advantage Capital Awarded $60 Million Allocation in New Markets Tax Credit Program
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Invests $5 Million in Cady Bag, Supporting Economic Development in Rural Georgia

Advantage Capital today announced a $5 million investment in Pearson-based Cady Bag—a leading producer of polypropylene fabrics and bags—in connection with the Georgia Agribusiness and Rural Jobs Act (GARJA).

Advantage Capital Invests $5 Million in Cady Bag, Supporting Economic Development in Rural Georgia
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Invests $2 Million in GAXtracts, Bringing New Jobs and Economic Development to Rural Georgia

GAXtracts seeks to expand its current facility and bring new jobs to Watkinsville, highlighting the economic impact of the Georgia Agribusiness and Rural Jobs Act (GARJA).

Advantage Capital Invests $2 Million in GAXtracts, Bringing New Jobs and Economic Development to Rural Georgia
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital hires Erika Williams as Vice President of Talent

Venture capital firm and small business lender Advantage Capital has hired Erika Williams as Vice President of Talent.

Advantage Capital hires Erika Williams as Vice President of Talent
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Solar Partners Completes Financing with Fund Managed by Greenbacker Capital Management

Advantage Capital continues to provide needed capital for small and mid-sized commercial and utility solar projects.

Advantage Capital Solar Partners Completes Financing with Fund Managed by Greenbacker Capital Management
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Invests $2.94 Million in Cultiva, Supporting Company Expansion in Las Vegas

Advantage Capital announced a $2.94 million investment in Las Vegas-based Cultiva, LLC. The investment, made in connection with the Nevada New Markets Jobs Act, comes at a time when critical resources are needed to help shore up businesses around the country affected by the COVID-19 crisis.

Advantage Capital Invests $2.94 Million in Cultiva, Supporting Company Expansion in Las Vegas
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Solar Partners Completes Equity Financing With Delaware River Solar

Operating under New York’s Community Distributed Generation program, the projects together generate enough energy to power the equivalent of 2,200 homes.

Advantage Capital Solar Partners Completes Equity Financing With Delaware River Solar
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital makes Real Leaders 100 Top Impact Companies for second year in a row

Today, Advantage Capital – for the second year in a row – made the Real Leaders 100 Top Impact Companies list. Weighing in at #30 this year, we are in good company among major global brands and impact leaders, such as Patagonia, Chobani, Unilever and Tesla. We are thrilled to make this list again and receive this great recognition.

Advantage Capital makes Real Leaders 100 Top Impact Companies for second year in a row
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Invests in First Orion, Supporting HQ Expansion and Job Creation in North Little Rock

The First Orion investment, in connection with the New Markets Tax Credit (NMTC) program, supports the company’s growth and promotes local economic development and jobs in North Little Rock.

Advantage Capital Invests in First Orion, Supporting HQ Expansion and Job Creation in North Little Rock
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Invests $1.75 Million in StruXure, Bringing Jobs and Economic Development to Rural Georgia

StruXure looks to expand its current facility and bring new jobs to Lumpkin County, highlighting the economic impact of the Georgia Agribusiness and Rural Jobs Act (GARJA).

Advantage Capital Invests $1.75 Million in StruXure, Bringing Jobs and Economic Development to Rural Georgia
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

E-Pak Manufacturing Receives Investment From Advantage Capital to Fund New Growth Opportunities

E-Pak Manufacturing, a leader in the steel roll-off container and trailer industry, announced today that the company has closed on a preferred equity investment by Advantage Capital. This new funding, in connection with the Ohio Rural Business Growth Program, allows E-Pak to continue to expand its product lines and grow jobs in rural northeastern Ohio.

E-Pak Manufacturing Receives Investment From Advantage Capital to Fund New Growth Opportunities
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Invests in Capital City Trucking, Supporting Business and Job Growth in Mississippi

Today, Advantage Capital announced a $3.375 million investment in Richland, Mississippi-based Capital City Trucking. This follows an initial investment earlier in 2019, which allowed the freight company to triple its employee base and pursue significant growth opportunities.

Advantage Capital Invests in Capital City Trucking, Supporting Business and Job Growth in Mississippi
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Invests in MeltBlown Technologies, Supporting Economic Growth in Rural Georgia

Advantage Capital today announced an investment in MeltBlown Technologies, a leading manufacturer of industrial absorbents. The investment was made through the Georgia Agribusiness and Rural Jobs Act program and supports the company’s anticipated growth while adding over a half-dozen jobs in the near term.

Advantage Capital Invests in MeltBlown Technologies, Supporting Economic Growth in Rural Georgia
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Expands Executive Leadership Team With the Return of Ryan Brennan, Former COO of OPIC, as Managing Director

Advantage Capital announced today that Ryan Brennan will join the firm as Managing Director. Brennan will lead efforts to foster access to capital and economic development in underserved communities across the country. He will also join the leadership of the firm’s fundraising team and spearhead new initiatives to strengthen and develop internal talent and assets.

Advantage Capital Expands Executive Leadership Team With the Return of Ryan Brennan, Former COO of OPIC, as Managing Director
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Rural Counties Receive Economic Lift with Georgia Program

Through the Georgia Agribusiness and Rural Jobs Act (GARJA), Advantage Capital made an investment in Danimer Scientific, a growing company focused on helping to end global plastic pollution. Danimer’s growth in rural Bainbridge, Georgia, is highlighted in the Summer 2019 issue of Georgia County Government magazine as part of a special focus on rural counties and the economic lift made possible through the GARJA program.

Rural Counties Receive Economic Lift with Georgia Program
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Invests in Danimer Scientific, Supporting Company’s Growth in Rural Georgia

Advantage Capital today announced a $6.5 million investment in Danimer Scientific, a leading biotechnology company producing biodegradable and compostable polymers used in consumer and industrial products. The investment was made through the GARJA program and supports the company’s anticipated growth as it seeks to boost capacity and significantly increase its workforce at its Bainbridge, GA location over the next few years.

Advantage Capital Invests in Danimer Scientific, Supporting Company’s Growth in Rural Georgia
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Louisiana, look to the past to help secure your future

While other states have followed our lead for 30 years, Louisiana should now wisely learn from their efforts. Policymakers can draw lessons from how incentive programs have evolved in other states, learn from their mistakes and adopt their innovations. That will place us on the cutting edge of new approaches, says Advantage Capital Managing Director Michael Johnson, in the latest City Business article posted February 21.

Louisiana, look to the past to help secure your future
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Opportunity Zones offer new life in long-ignored Louisiana neighborhoods

Ensuring that Opportunity Zones are successful requires thinking through with private and public parties how to protect existing residents and businesses while creating opportunity that’s needed for future growth, says Advantage Capital Vice President Philip Ruppel. Learn more about the Opportunity Zone program and where the real value may come into play, for maximum community impact throughout Louisiana.

Opportunity Zones offer new life in long-ignored Louisiana neighborhoods
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Outside NOLA City Limits: Rural Louisiana Could Use a Kickstart

Louisiana’s rural small businesses need capital to grow and create new opportunities. Without it, thriving rural communities can turn into ghost towns, says Advantage Capital Principal Tony Toups.

Outside NOLA City Limits: Rural Louisiana Could Use a Kickstart
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Incentives Turn New Orleans Into a Tech Boom City

The thing about incentives is that in igniting growth and inspiring entrepreneurs, cities like New Orleans become a magnet for top-tier new talent that fire up new phases of expansion, says Advantage Capital Chief Financial Officer Justin Obletz.

Incentives Turn New Orleans Into a Tech Boom City
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Selected to the Inaugural Real Leaders 100 Top Impact Companies

We are honored to be selected to the inaugural Real Leaders 100 Top Impact Companies. Read more about us and other RL100 companies that prove business can be a Force for Good.

Advantage Capital Selected to the Inaugural Real Leaders 100 Top Impact Companies
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Invests in Momentum Solar, Supporting Company’s Explosive Growth and Strengthening the Clean Energy Economy

Advantage Capital today announced a $4.1 million investment in Momentum Solar, a residential solar company offering solar design, engineering and installation services across New Jersey, New York and five other states. The investment, through the Grow NJ program, supports the company’s expansion plans and growth strategy.

Advantage Capital Invests in Momentum Solar, Supporting Company’s Explosive Growth and Strengthening the Clean Energy Economy
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Invests in Mirac, Preserving Company’s Strong Manufacturing Presence in Rural Ohio

Advantage Capital today announced a $7.55 million investment in Mirac, Inc., a rural Ohio-based electronics assembly and fabrication company with locations in Lynchburg and West Union, that will help keep jobs in rural Ohio.

Advantage Capital Invests in Mirac, Preserving Company’s Strong Manufacturing Presence in Rural Ohio
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Novogradac Journal of Tax Credits Volume 9 Issue 9: NMTC Investment in Operating Businesses Complex, Beneficial

It's not simple to invest NMTCs in operating businesses, but it's impactful. It comes down to permanent, quality and accessible jobs, says Advantage Capital Managing Director Jonathan Goldstein.

Novogradac Journal of Tax Credits Volume 9 Issue 9: NMTC Investment in Operating Businesses Complex, Beneficial
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Invests in Ohio-Based RXQ Compounding, LLC

Advantage Capital today announced a nearly $3.6 million investment in RXQ Compounding, LLC, an FDA-approved outsourcing facility that manufactures medical formularies and medications used in physician offices and hospitals across the country, located in Athens County, one of Ohio’s hardest hit rural areas.

Advantage Capital Invests in Ohio-Based RXQ Compounding, LLC
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Agribusiness Partners Invests in New Hampshire-Based Rustic Crust, Inc.

Advantage Capital Agribusiness Partners, LP (ACAP) invests in Rustic Crust, Inc., a “better-for-you” pizza company.

Advantage Capital Agribusiness Partners Invests in New Hampshire-Based Rustic Crust, Inc.
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Picks Winning Teams in Revitalizing Communities and Putting Capital to Work

Advantage Capital celebrates some of the country's top emerging leaders in community finance at MIT's Community Finance Challenge.

Advantage Capital Picks Winning Teams in Revitalizing Communities and Putting Capital to Work
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Portfolio Company Cleveland HeartLab, Inc. Acquired by Quest Diagnostics

Cleveland HeartLab becomes the base for Quest Diagnostics’ first national center of excellence in cardiometabolic disorders.

Advantage Capital Portfolio Company Cleveland HeartLab, Inc. Acquired by Quest Diagnostics
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Napa, CA Office Statement

For Immediate Release: Advantage Capital’s office in Napa, California will be closed until further notice as a result of the recent Northern California fires.

Advantage Capital Napa, CA Office Statement
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Managing Director Ryan Brennan Appointed to the Overseas Private Investment Corporation

Advantage Capital has announced that Managing Director Ryan Brennan has been appointed as Vice President, Office of Investment Policy at the Overseas Private Investment Corporation (OPIC), the development finance arm of the federal government.

Advantage Capital Managing Director Ryan Brennan Appointed to the Overseas Private Investment Corporation
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Will Use NMTC Allocation to Spur Economic Growth

On November 22, 2016, Advantage Capital announced that it was awarded an $80-million allocation in the federal New Markets Tax Credit (NMTC) program. Administered by the U.S. Department of the Treasury, this program helps economically distressed communities attract private investment capital. This brings Advantage Capital’s total awards to $739 million since 2001.

Advantage Capital Will Use NMTC Allocation to Spur Economic Growth
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Agribusiness Partners Invests in Florida-Based Vintage Italia

Advantage Capital Agribusiness Partners, LP (ACAP), along with Silas Capital and Emil Capital Partners, announced today it is leading a $3 million financing round in Florida-based Vintage Italia. Dedicated to providing capital to companies in food and agribusiness industries, ACAP has selected Vintage Italia – founded by entrepreneur Jerry Bello – as the first company within the snack food category to receive support from the fund.

Advantage Capital Agribusiness Partners Invests in Florida-Based Vintage Italia
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Agribusiness Partners Invests in California-Based Hip Chick Farms

Advantage Capital Agribusiness Partners, LC (ACAP) announced today a $2-million investment in Hip Chick Farms, which offers a line of organic and fully cooked frozen poultry entrées. The investment comes at a time of growth for Hip Chick Farms, supporting its release of new products as the company begins to supply to large retailers Target and Kroger.

Advantage Capital Agribusiness Partners Invests in California-Based Hip Chick Farms
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Agribusiness Partners Invests in Texas-Based NurturMe

Advantage Capital Agribusiness Partners, LP (ACAP) announced today a $3.7 million investment in NurturMe, which produces organic quinoa-based baby food and toddler snacks. Dedicated to providing capital to companies in food and agribusiness industries, ACAP has selected NurturMe – a startup founded by Austin, Texas-based entrepreneurs Caroline Freedman and Lauren de la Rosa – as the first company within the baby food category to receive support from the fund.

Advantage Capital Agribusiness Partners Invests in Texas-Based NurturMe
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Agribusiness Partners Makes Follow-On Investment in Pacific Ag

Advantage Capital Agribusiness Partners, LP (ACAP) has announced a second investment in Pacific Ag, the nation’s largest crop residue supply chain solutions company, to help fund the acquisition of Calagri, a leading regional agricultural residue and hay harvesting company.

Advantage Capital Agribusiness Partners Makes Follow-On Investment in Pacific Ag
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Partners Makes Investments in Three Ohio Businesses

Advantage Capital Partners announced today investments in three Ohio companies -- Cleveland HeartLab, Inc., DOmedia, LLC and Global Cooling, Inc. Over the past 12 months, Advantage Capital has invested a total of $10.89 million into five separate businesses with the help of the federal New Markets Tax Credit program and the Ohio New Markets Jobs Act.

Advantage Capital Partners Makes Investments in Three Ohio Businesses
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Agribusiness Partners Makes Follow-on Investment in American Botanicals

Advantage Capital Agribusiness Partners, LP (ACAP) has announced a second investment in American Botanicals, LLC, a Missouri-based supplier of bulk herbs and botanical products, to help fund the acquisition of Aloha Medicinals, Inc., a biotechnology company focused on medicinal mushroom production.

Advantage Capital Agribusiness Partners Makes Follow-on Investment in American Botanicals
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Agribusiness Partners Leads $10 Million Investment in Hortau

Advantage Capital Agribusiness Partners, LP (ACAP) has announced its second investment in Hortau, a leader in irrigation management systems. The investment was part of a $10 million financing round led by ACAP and joined by BDC Capital, Inc., Avrio Ventures LP II and Capital régional et coopératif Desjardins.

Advantage Capital Agribusiness Partners Leads $10 Million Investment in Hortau
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Partners Provides Additional Capital to Innovations of the Year Awardee

Advantage Capital Partners has announced an additional investment in GENICON, a designer, manufacturer and global distributor of laparoscopic surgery products. GENICON recently received the Society of Laparoendoscopic Surgeons’ 2015 Innovations of the Year recognition for GENICON’s GENIStrong Specimen Retrieval Bag.

Advantage Capital Partners Provides Additional Capital to Innovations of the Year Awardee
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Partners Announces Investment in Rural Utah Manufacturer

Advantage Capital Partners has announced an investment utilizing the Utah New Markets Jobs Act in ACT Aerospace, a manufacturer specializing in composite design, analysis and production for the military and commercial aerospace industries.

Advantage Capital Partners Announces Investment in Rural Utah Manufacturer
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Agribusiness Partners Invests in Organic Herb Grower Shenandoah Growers

Advantage Capital Agribusiness Partners, LP (ACAP) has announced an investment in Shenandoah Growers, one of the nation’s top suppliers of certified organic herbs specializing in serving retail grocers. Located in Harrisonburg, Va., Shenandoah Growers produces and sells both live potted herbs and fresh cut herbs to many of the leading food retailers in the U.S. ACAP invested in Shenandoah alongside food and agriculture equity groups Middleland Capital and S2G Ventures.

Advantage Capital Agribusiness Partners Invests in Organic Herb Grower Shenandoah Growers
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Agribusiness Partners Invests in Pacific Ag

Advantage Capital Agribusiness Partners, LP (ACAP) has announced a $7 million investment in Pacific Ag, the nation’s leader in large-scale agricultural feedstock supply chain solutions. Pacific Ag harvests and markets hay crops, grass, wheat, corn and other crop residues for hundreds of U.S. growers, which are sold into various end markets, both domestic and export.

Advantage Capital Agribusiness Partners Invests in Pacific Ag
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Agribusiness Partners Announces $5 Million Investment in Hortau Corp.

Advantage Capital Agribusiness Partners, LP (ACAP) has announced a $5 million investment in Hortau Corp., a California-based leader in irrigation management systems. Founded in 2002 and based in San Luis Obispo, Calif., Hortau is a designer and manufacturer of technology-enabled soil monitoring and irrigation management systems for agricultural applications.

Advantage Capital Agribusiness Partners Announces $5 Million Investment in Hortau Corp.
Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community

Advantage Capital Partners Announces Investment in Central Florida Medical Device Manufacturer

Advantage Capital Partners has announced an investment in GENICON, a designer, manufacturer and global distributor of over 200 products in the laparoscopic surgery market. GENICON, headquartered in Winter Park, Fla., offers innovative products across the U.S. and to over 60 international markets.

Advantage Capital Partners Announces Investment in Central Florida Medical Device Manufacturer

Our Offices

Advantage Capital - Investment Capital for Small Businesses - United States, Finance, Capital, Investment, wealth, local community