Programs

  • Inclusive Investment Initiatives

    AS OF JUNE 30, 2024, AVC HAS SUCCESSFULLY ALLOCATED $26.8 MILLION TO 21 INNOVATIVE PORTFOLIO COMPANIES, INCLUDING NINE PREVIOUSLY HIGHLIGHTED VENTURES. THESE STRATEGIC INVESTMENTS HAVE GENERATED A TOTAL OF $268.5 MILLION IN PRIVATE CAPITAL, REFLECTING A 2.28% GROWTH. THIS PROGRESS IS PROJECTED TO ENHANCE ARIZONA'S GDP BY 2.36%, REACHING AN ESTIMATED $670.5 MILLION.ADDITIONALLY, WE ANTICIPATE THE CREATION OF 1,073 HIGH-PAYING JOBS AND A PROJECTED 2.07% INCREASE IN TAX REVENUE, WHICH IS EXPECTED TO RISE TO $34.5 MILLION.AT AVC, OUR MISSION EXTENDS BEYOND FINANCIAL METRICS; WE ARE DEDICATED TO FOSTERING AN INCLUSIVE AND DIVERSE INVESTMENT ECOSYSTEM ACROSS ARIZONA. WE ARE PROUD TO REPORT THAT OVER 40% OF OUR FUNDING IS DIRECTED TOWARD BUSINESSES OWNED BY SOCIALLY AND ECONOMICALLY DISADVANTAGED INDIVIDUALS (SEDI). THROUGH THESE EFFORTS, WE ARE NOT JUST INVESTING IN COMPANIES; WE ARE INVESTING IN COMMUNITIES AND A BRIGHTER FUTURE FOR ALL ARIZONANS.
    Geographies
    Not indicated
    Dates
    Jul 1, 2023 – Jun 30, 2024
    Source
    990
    No causes provided
    No populations provided
    –
    $917.8K