Think Tanks Feedback Conference Sponsor:. New Business & Innovation: Capital and Revenue Sourcing...

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Transcript of Think Tanks Feedback Conference Sponsor:. New Business & Innovation: Capital and Revenue Sourcing...

Think TanksFeedback

Conference Sponsor:

New Business & Innovation: Capital and Revenue Sourcing

Strategic Objectives1. Secure new capital for Home Improvement & Personal

Lenders2. Create a CDFI guarantee scheme using EFG3. Securing new sources of revenue to sustain and grow CDFIs4. Use CITR to attract funding to a wholesaler to capitalise CDFIs5. cdfa to develop evidence bank to legitimise funding for the

sector

Membership and networks:Your Trade AssociationWhat should it do for you?

1. Build relationships with other membership bodies

2. Broaden membership3. Improve communication4. Work on a bank referral scheme5. Promote the value and distinctness of the

sector

Legislative FrameworkStrategic Objectives

1. Use CM2 as CDFIs self-regulation2. Only specific CDFI activities should be regulated3. The sector does not need to be regulated4. cdfa to lobby for CRA style legislation

Non CDFIs & Partners1. Develop performance frameworks to ensure greater

consistency 2. “Pull to stay separate” cdfa to bring members together as a

movement3. Create compelling narrative to promote value and role of

CDFIs4. To be an honest broker in making the case for collective CDFIs

investment5. Leading national partnerships to build social finance sector6. cdfa’s strategy must have strategy with clear vision and

direction