Supporting startups and small businesses in underinvested communities looking to attract capital for growth.

Unlock Capital is an accelerator program for startups and high growth businesses focused on raising capital from investors that seek both financial and social returns. Unlock Capital offers education, mentoring, technical assistance, and individualized advisory services to help businesses attract investments and raise capital.

Because of our experience and focus on venture capital and private equity investments, CDVCA has a deep understanding of what it takes to prepare businesses to raise capital effectively. Our program is free of cost thanks to a grant from the Minority Business Development Agency. Join our mailing list for updates on upcoming cohorts!

Unlock Capital. Invested in Your Growth.

Understanding the investor mindset
Engaging investors and venture capital firms
Building the company’s capital stack
Looking at investors as potential partners and board members

Understanding the due diligence process

Developing shareholder agreements

Pitching to different types of investors

Understanding equity and near equity investment options

Accessing nondilutive financing

Preparing an initial investment round
Using capital raising agents
Understanding company valuation
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2024 Cohort

Full-service electrical contractor with a specialized focus on the installation, maintenance and repair of electric vehicle charging stations.

Cleantech startup focused on steelmaking and making environmentally friendly green steel more affordable through technological innovation.

The fastest growing bisexual, lesbian and LGBTQ dating website and app. Bindr is the only free to use bisexual dating app.

Premier cold chain solutions provider, delivering cutting- edge products such as the Solar Cool Cube, Solar Ice Maker, Solar Milk Chiller, Solar Post-Harvest Lost Wash

Station and Packhouse, and e-mobility transportation solutions, ensuring the safe and efficient handling of temperature-sensitive goods.

Creator of an early, low-cost disease detection technology that is bringing rapid and accurate diagnostic testing where it is needed most.

Exclusive manufacturer of the Onics OES-11, a passive, inductive and non-invasive neutral and ground harmonic filter installed in facilities of all types to decrease energy

spend, improve equipment reliability and further advance ESG initiatives.

The World's First Pantiless Panty Liner - A Liner Alternative. This innovative product attaches to the person’s body rather than your panties. These ‘pantiless’ liners will keep women fresh and dry while giving protection and comfort all day.

An exclusive membership community offering world-class facilities, including private event spaces, workspaces, and an on-premise restaurant and bar, all designed to foster connection and culture.

At the forefront of the road maintenance industry, offering innovative solutions that extend the service life of asphalt highways while significantly reducing environmental impacts.

As a dynamic SaaS startup, the platform revolutionizes workforce flexibility with its innovative mobile app, creating a seamless marketplace for employees to find hours and for employers to generate additional hours and revenue.

A premier family-owned transportation provider since 2001. Serving major grocery chains and retailers across the Southeast, J Trucking operates a fleet of 90 tractors and over 400 trailers, delivering products on time and damage-free.

Delivering accurate, award-winning artificial intelligence and machine learning based forecasting and prediction

solutions for solar energy and net load among various distributed energy resources to the electric utility industry.

Revolutionizing the rental business model, seamlessly empowering designers, brands, and retailers to thrive in the circular economy.

An AI-powered venture analyst supercharging the diligence process for early-stage investors.

Powered by AI-driven proprietary scoring with smart matching algorithms for patients, case managers and employers to find vetted providers across various

therapy disciplines.

Delivering artificial intelligence models to enhance ultrasound imaging, unveiling visual insights invisible on conventional devices.

Specializing in developing advanced greenhouse gas sensors for automotive and agricultural applications to measure and reduce emissions efficiently.

Transforming the energy landscape across Kentucky, Illinois, Indiana, Ohio, and West Virginia by Pioneering the introduction and distribution of Miscanthus x giganteus (miscanthus) as a sustainable bioenergy crop.

SaaS company enabling widespread environmental mitigation efforts using earth-observation, proprietary physics engines, and AI.

Frequently Asked Questions

What does Unlock Capital do?

Unlock Capital offers a suite of services, including education, technical assistance, and mentoring for businesses seeking high-level support to attract venture capital and equity financing. The program features industry leaders and experts who provide workshops, webinars and one-on-one mentoring. Services are offered remotely and tailored to individual business needs.

What makes Unlock Capital different from accelerators or incubators?

Rather than providing general business advice, Unlock Capital is laser-focused on helping companies identify and attract risk capital and equity financing to help high growth businesses reach their next stage.

Who is encouraged to apply?

Startups and small businesses located in communities across the United States that are traditionally overlooked by venture capital investors. Businesses with high growth potential that are owned by entrepreneurs facing social and economic disadvantages in securing investments and equity financing are especially welcomed.

Will there be a fee for the services offered through Unlock Capital or will it require giving up equity?

Unlock Capital services are provided free of charge thanks to an award from the Minority Business Development Agency (MBDA) Capital Readiness Program. CDVCA has partnered with MBDA to promote access to capital, access to networks, and capacity building efforts for high growth businesses.

When will the services be available and how long will they last?

CDVCA’s National Unlock Capital program typically runs from April to September, barring necessary changes or exceptions. During this span each participating business develops a tailored investment readiness plan, and takes part in a series of cohort activities to address shared growth needs and challenges that are specific to each business.

Can a single person/solo founder apply?

Yes. Solo founders are welcomed to apply, however, Unlock Capital will be of greater benefit to businesses that already have a core team in place and are positioned to scale.

Does CDVCA invest in companies selected by the Unlock Capital program?

CDVCA evaluates businesses for investment potential after they’ve successfully completed the program. During the program, participants are introduced early on to venture capital funds and investors in the CDVCA network.

If we have participated or currently participate in an accelerator/incubator program, can we apply for Unlock Capital?

Yes. Because Unlock Capital is laser-focused on helping founders with their capital raising journey, our services may complement those offered by other programs. You might receive more general business development services from another program and apply to Unlock Capital for assistance in securing investments and growth financing.

Do businesses interested in applying need to be part of a specific industry?

No. Businesses from all industry sectors can apply. However, company’s will need to meet certain eligibility criteria that are related to underinvested geographies and socially and economically disadvantaged groups.

How to apply to Unlock Capital?

Join our mailing list for updates on upcoming cohorts.

The Community Development Venture Capital Alliance

Private Equity for the Public Good

The Community Development Venture Capital Alliance (CDVCA) is a 28-year-old organization dedicated to driving economic development in underserved communities through venture capital and equity financing. CDVCA is a certified Community Development Financial Institution (CDFI) that also provides growth capital to businesses in underinvested markets, seeking market-rate financial returns and job creation.

CDVCA manages over $330 million of investments in funds and businesses. With a focus on risk capital, CDVCA works with private investors, state governments and federal agencies to promote economic and community development across the United States. We are currently active in 36 states and territories across the nation and manage a network of over 180 investors.

What is the Community Venture Capital Alliance (CDVCA)?

CDVCA is a 27-year-old, not-for-profit organization, certified by the Department of the Treasury as a Community Development Financial Institution (CDFI). We accomplish our mission by both building the field of business finance impact investments and by making investments directly in businesses. We have raised and are deploying over $300 million of impact investment capital in a variety of funds, including the $45 million Puerto Rico Fund for Growth, of which we are the managing general partner. In 2022, CDVCA is launching Unlock Capital, an investment readiness program.

What does Unlock Capital offer?

Unlock Capital will offer a suite of services including education, technical assistance, networking and mentoring to businesses seeking high-level support to attract growth capital.


Unlock Capital will have industry leaders and experts providing workshops and webinars, which may include determining your financial needs (i.e., raising the right investment capital), where to look for capital, fundraising strategies, due diligence, risk mitigation, negotiation, financial modeling and presenting financial data, art of pitching, among other. These may be subject to change depending on the participant’s business needs.

What makes Unlock Capital different from other accelerators or incubators?

Unlock Capital is laser-focused on finance, growth and investing. Unlike other programs, Unlock Capital seeks to offer services tailored to each participant’s needs to increase investment readiness.

Will the services offered through Unlock Capital be charged or require giving up equity?

No. The services provided through Unlock Capital will be free of charge to those businesses selected to participate in the program.

When will services be available and how long do they last?

Unlock Capital’s service period runs from March 1st, 2022, to August 31st, 2022, barring necessary changes or exceptions. Each participating business will receive an investment readiness plan with recommended activities to complete within this period. Core workshops/webinars will be provided throughout those six (6) months, but technical assistance will be tailored to the participant business’ specific needs and scheduled according to each party’s availability.

Can a single person/solo founder apply?

Yes. Single owner businesses are encouraged to apply as well, and the business can be represented by a single owner. However, the program is meant for business that already have a core team in place and are in position to grow further.

Does CDVCA invest in every company selected for Unlock Capital?

CDVCA invest in active program participants. However, depending on the participants’ progress, CDVCA will introduce them to other investors and/or funds in its network.

If we participated or currently participate in another accelerator/incubator program, can we apply for Unlock Capital?

Yes. Unlock Capital is not and exclusive program. The type of services provided through Unlock Capital can differ from other accelerator/incubator programs and it could be beneficial for some companies to participate in both. Moreover, Unlock Capital will be collaborating with some accelerators to complement services as best as we can.

Do participants need to be part of a particular industry, such as Tech, to participate?

No. All types of businesses are encouraged to apply.

Our Partners

We are proud to have formed strong partnerships with a diverse range of collaborators who share our vision and values. Our collaborators offer valuable insights, mentorship, and access to networks that complement our core program, enhancing its effectiveness and maximizing your chances of investment success. Together, we provide a comprehensive ecosystem of resources and expertise to propel your investment readiness journey forward.

Meet Our Team

At Unlock Capital, we are committed to empowering entrepreneurs like you to take their businesses to new heights. Our program is designed to equip you with the skills, knowledge, and resources needed to attract investment and fuel your growth. Meet our team of dedicated professionals who will guide you on your investment journey.

Ernesto Villarini-Baquero, DBA

Managing Director

Emmanuel Loubriel Carreras, CPA, CIMA®, Esq.

Program Manager

Meet Our Team

At Unlock Capital, we are committed to empowering entrepreneurs like you to take their businesses to new heights. Our program is designed to equip you with the skills, knowledge, and resources needed to attract investment and fuel your growth. Meet our team of dedicated professionals who will guide you on your investment journey.

Ernesto Villarini-Baquero, DBA

Managing Director

Emmanuel Loubriel Carreras,

CPA, CIMA®, Esq.

Senior Program Manager

David Greeter

Program Manager

Maria Roberta Duarte Miranda

Program Administrator

Olivia Al

Venture Associate

Supporting Business with High Growth Potential. Learn. Collaborate. Achieve.

Complete this contact form to submit your questions or request a personal orientation.

For general inquires write to: unlockcapital@cdvca.org


Address

475 Riverside Dr.

Suite 1264

New York, NY 10115

Phone

212-594-6747