Julie Treppa spoke at SOCAP16, the ninth annual conference of Social Capital Markets, billed as the intersection of money and meaning.
The September 15th panel, "Get Funded – Use Tax Credits to Raise Nontraditional Capital for your Project," discussed the use of New Markets Tax Credits to incentivize investors to provide capital to projects located in low-income communities and that benefit low-income populations. The credits have been instrumental in supporting private investment in a wide range of businesses and ventures in impoverished communities. Julie, along with panelists Maria Bustria-Glickman of U.S. Bancorp, James N. Badgley of CBO Financial, Inc., and Sue Doroff of Western Rivers Conservancy, provided insight about how to use this nontraditional financing source to raise capital for projects from the point of view of those actively participating in the program.
A review of the conference can be found on the firm’s Law on Purpose blog, which provides insights into the emerging space of social enterprise and impact investing.