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Cambridge Capital Management Corp. is a closely held, private company specializing in the management of non-traditional sources of capital. The funds managed by Cambridge have provided over $552 million to more than 1,300 companies. These companies include a variety of companies in the manufacturing, service and retail sectors. In addition to the funds currently under management, Cambridge was instrumental in starting similar funds in West Virginia and in the Cleveland, Ohio market. Among several initiatives, the firm manages Cambridge Ventures, a small business investment company that provides $100,000 - $1,000,000 to promising firms within 200 miles of Indianapolis. The funds may be used to subordinate debt and/or equity. Since its inception in 1991, Cambridge Ventures has provided $22.2 million to 44 firms. Another initiative, Lynx Capital Corp., will provide growth capital to minority owned businesses in Indiana. For projects outside of central Indiana, there must also be another participating lender. The minimum project size is $75,000 and the borrowing company should have at least five employees and three years of operating history. Cambridge Capital also has managed the Indiana Statewide CDC since the program's inception in 1983. Since that time, over $2 billion in projects have been approved (ISCDC provided over $415 million), allowing more than 955 companies to expand. More than 26,000 jobs have been created or saved through ISCDC financing.
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