Rural Development Partners - aVenture Asset Manager Research
Location
Forest City, IA, US
Founded
2004
Rural Development Partners (RDP) focuses on leveraging New Markets Tax Credits (NMTCs) to provide favorable financing solutions for businesses and nonprofits in rural America. RDP combines NMTCs with bank loans and tax credit investor funds to create more advantageous financing than conventional lending. The firm has secured twelve NMTC awards from the U.S. Treasury, totaling $751.7 million, and has supported 47 businesses and nonprofits to date.
Notable portfolio companies include Coca-Cola United, Mississippi Silicon, and Roquette America, with investments ranging from $8 million to $45 million. RDP's key partners and decision-makers are not specified, but the firm emphasizes public-private partnerships to drive job growth and healthy food access in rural areas. Their investment philosophy centers on catalytic job creation and economic development in underserved regions, offering unique value-add services through strategic financial structuring and impactful community investments.
Rural Development Partners - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages