August 9, 2022 (Arlington, VA and San Diego, CA) – Ellis Carr, the president and CEO of Capital Impact Partners and CDC Small Business Finance, has been selected by Fast Company in the business publication’s 14th annual list of the Most Creative People in Business.
The list, announced today, recognizes individuals making a cultural impact via bold achievements that have never been accomplished before in their chosen fields, from entertainment to healthcare to food. Fast Company editors and writers research candidates for the list throughout the year, scouting every business sector, including technology, medicine, engineering, marketing, entertainment, design, and social good, to find those who are leading with creativity during one of the most challenging times in history.
Fast Company highlighted Carr and the Momentus Capital branded family of organizations— which includes Capital Impact Partners, CDC Small Business Finance, and Ventures Lending Technologies—for creating a national program that helps emerging real estate lead affordable real estate projects.
“I’m excited for the recognition, but I’m even more excited that publications like Fast Company recognize the need to be creative in working with communities to solve systemic issues. This work helps local leaders and entrepreneurs advance solutions that build strong and vibrant economies,” Mr. Carr said. “The team at Momentus Capital, and the experts who contribute their time and mentorship, have created an invaluable resource for developers and the communities they serve.”
The Initiative launched in Detroit in 2018, expanded into the Washington metropolitan area in 2019, the San Francisco Bay Area in 2021, and the Dallas metropolitan area in 2022. So far, more than 200 developers have completed the program or are currently participating. Many of the alumni have since gone on to create their own organizations, build local developments, and foster peer-to-peer networks.
The program provides developers with broad-based training – in areas such as project budgeting, real estate finance, project and contractor management, legal services and community engagement – as well as local mentorship, network building, and pathways for them to access funding.
“These developers are able to build more affordable housing, create more jobs, and provide communities with the opportunities they deserve to succeed and thrive,” said Mr. Carr.
These programs exemplify how Momentus Capital is delivering a continuum of financial capital, knowledge capital, and social capital to transform how the financial sector serves local leaders who are building strong communities and creating generational wealth.
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About Momentus Capital
The Momentus Capital branded family of organizations refers to the combined operations of Capital Impact Partners and CDC Small Business Finance, as well as their affiliates, Momentus Direct Capital, and Momentus Securities (an SEC-registered broker-dealer, MSRB-registered, FINRA/SIPC member). While each organization under the Momentus Capital brand still operates as a separate entity, its clients now have access to more resources and products.
The Momentus Capital branded family of organizations is transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. We are working to reinvent traditional financial systems by offering a continuum of financial, knowledge, and social capital to help entrepreneurs, community-based organizations, and local leaders at every growth stage to build strong communities and create generational wealth.
This includes a comprehensive package of loan products, impact investment opportunities, training and business advising programs, and technology solutions that advance locally-led solutions.
Leveraging more than 80 years of combined experience, more than $3 billion in assets under management, and strong community engagement, the Momentus Capital branded family of organizations has delivered $24 billion in financing, created and preserved 298,000 jobs, and served 14,350 small businesses and 6 million people across our history.
With headquarters in Arlington, Virginia, and San Diego, California, Momentus Capital operates nationally with a focus on larger urban areas and cities in Arizona, California, Georgia, Michigan, Nevada, New York, Texas, and the Washington D.C. metro area.
Learn more at momentuscap.org.
About the Most Creative People in Business List
The individuals honored in Fast Company’s Most Creative People in Business list have all accomplished something truly innovative within the past 12 months or so. Additionally, no one on this list has ever been profiled in the pages of Fast Company before. Together, they represent the future of business.
“Most Creative People represents Fast Company at its best,” says Brendan Vaughan, Fast Company’s Editor-in-Chief. “These dozens of human stories showcase how creativity is one of the most underrated ways to transform business.”
You can read the complete list here.
Introduced in 2009, the Most Creative People list quickly established itself as one of Fast Company’s most esteemed franchises. Each year, the magazine’s editors present an all-new list of people chosen according to a proprietary methodology.
Fast Company’s Most Creative People in Business issue (September 2022) is available online now here and on newsstands beginning August 16. Join the Most Creative People conversation using #FCMostCreative.
About Fast Company
Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with sister publication Inc., and can be found online at www.fastcompany.com.