NCIF newcomer Joe Brouse, Business Lender, launched the Beckley, WV office in August 2007, quickly putting nearly fifteen years of commercial lending experience to work in southern West Virginia and southwest Virginia. A Beckley native and Concord College graduate, Joe was most recently Vice President at BB&T, where he used his grasp of credit enhancement mechanisms to structure joint BB&T/NCIF investments in Gauley Mountain Moulding, Inc., Cabins on Miller Ridge, LLC. and Songer Whitewater, Inc. We’re pleased to have his skill and energy on NCIF’s team, not to mention his encyclopedic knowledge of West Virginia politics and history. Welcome, Joe!
Rick Larson, NC Program Director, is the latest addition to The Conservation Fund’s Chapel Hill, NC office. Since May 2007, Rick has been busy helping raise capital and operating support for NCIF, building awareness of the Fund’s activities in North Carolina and Virginia and reviewing loan and investment proposals. Rick brings nearly 20 years of experience in manufacturing (Cummins Engine Co.), rural economic development (REAL Enterprises) and mission-driven venture capital (SJF Ventures) to NCIF. Welcome, Rick!
New Investments Announced
This fall the Natural Capital Investment Fund approved new investments in renewable energy and sustainable forestry portfolio companies totaling $649,000.
NCIF Partners to Offer New Markets Tax Credit Products
In 2008, NCIF established a formal working partnership with CEI Capital Management, LLC to provide access to New Markets Tax Credit-based loan funds in our four state service area. This partnership represents a unique opportunity to accelerate the development and implementation of triple bottom line projects in rural Appalachia and the Southeast. Read more>
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