October 2015 Posts

Community-Based Programs Need Your Funding

Programs that are based in communities are designed to serve members who otherwise cannot help themselves. Community based programs are designed to help community member who might otherwise fall short of many needs. The most common are social work, but fall into many other categories including employment services, medical needs and even violence control. When communities put services in place to help others, the community becomes a stronger, better place to live. This is done by allowing and directing those in need access to the services to help them through some of life’s events.

One program is dedicated to fight poverty in their community of Cortland County in New York. It is the mission of CAPCO programs to reduce poverty in their community by helping clients find the right resources for their unique situation.

Community Based Program Advantages

In communities where programs are in place to help in crisis, people feel more secure and committed to the place they call home. They find comfort in knowing that there is a whole community there when they need them most. This often leads to a sense of pride, unity and security for the entire community.

The Challenges of Community Based Programs

The biggest challenge for community based programs is of course, funds and resources. Many programs require a place to operate and staff to oversee the operations. Often space and staff are donations and volunteer. Depending on the purpose of the program, getting and retaining clients is also a big challenge. A lot of thought and research must happen before starting a community based programs.

CAPCO Meets Needs

CAPCO is designed to meet the needs of every resident by connecting them with the right resources for their unique situation. CAPCO keeps the entire community connected. As community demographics, services and needs change they are the program who keeps everyone connected to eliminate poverty.

Most funding for services like CAPCO programs is from the public and government grants. Services like this help communities grow and thrive in unit. They lead the community to be self-reliant and independent by strengthening and connecting at risk families with the right resources. There are many reasons families need help, getting them to the right community resources improves conditions for the entire. Community based programs deserve funding. They keep the community going.

CAPCO’s Unusual Success through Venture Capital

CAPCO

CAPCO stands for Certified Capital Company Program and is a debt-lending company that provides state tax credits as subsidies (which are certain amounts of money granted by the government to enable the commodities or services of a business to stay on the cheap side) on the above-mentioned debt funds.

By 2004, over 1,000 new jobs had been created with another 3,000 retained in the State of New York alone thanks to the success of CAPCO programs. Reportedly, CAPCO had given direct investments of over $150 million in over 115 different companies across over 20 counties in the state. They received over $350 million back and earned much trust and respect from the public as a result. The source who gave this information was the Growth Capital Alliance (or GCA), which was also founded to assist small businesses in regulating their capital funds and spotting governmental loopholes that could be an obstacle to such regulations.

CAPCO was founded in 1997 on the idea of using tax credits as an incentive for encouraging an increase in venture capital markets. A few of their branches include Stonehenge Capital, Wilshire Advisors and Enhanced Capital Partners. They have had much success ever since then for a variety of reasons from technology companies making up half of their investments to the life sciences seeming to make up the rest. Perhaps their second major secret is the fact that they encourage investing with companies in area that are the most in need of them.

What is Venture Capital?

Defined, venture capital is investing over $1 million capital into a very high-risk project, typically a business that is expanding or just getting off the ground. Venture capital is important, first because especially new businesses need a solid financial and management ground to start on and stay running. Businesses that are expanding need more monetary funds in order to obtain the necessary resources for their expansion.

This is also important for investors for the same reason that any other investment is important to the investor. As with any other business, the investor is considered to be a co-owner of the business and risks either losing or gaining money along with the business owner. Also, business owners have to consider whether they are making a wise choice with the individuals who they choose to be investors. Also, even though the risk is considered to be above-average, to the investor, it also promises above-average returns if the business succeeds.