The world of community development finance has grown increasingly sophisticated in its multi-faceted responses to poverty, joblessness and environmental degradation. One of the most sophisticated approaches involves the marriage of the tools of venture capital and private equity investing with a wide range of social goals. This approach what is termed by its adherents 'community venture capital' has been successful at stimulating productive economic activity in resource-starved communities while encouraging the creation and growth of business dedicated to the 'double bottom line.' The authors...