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All the tools you need to make your economic development a reality.

Join our platform for collaborative, place-based community and economic development.

We have a solution for everyone in the development process.

Investors, Lenders, and Philanthropists

Investors, Lenders, and Philanthropists

Browse our national marketplace which includes 570 projects for free

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Economic Development Organizations

Economic Development Organizations

Market your community, connect projects to stakeholders and track project impact

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Project Sponsors

Project Sponsors

List your project in a marketplace which includes over 2460 investors

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Does your organization play multiple roles?

Our Partners

We partner with industry-leading economic development organizations across the nation.

We are a trusted source of information for community development.

The Opportunity Exchange has been featured in a number of publications for its impact-focused and community-driven approach to economic development.

TOE presents creating community profiles on MNOPPCO Webinar

TOE presents creating community profiles on MNOPPCO Webinar

Venture for America teaches young college grads entrepreneurship that adds value to communities

Venture for America teaches young college grads entrepreneurship that adds value to communities

Leo to speak at Ohio's Global Entrepreneurship Week on Nov 16

Leo to speak at Ohio's Global Entrepreneurship Week on Nov 16

Are you ready for the next crisis?

Are you ready for the next crisis?

Our Mission

Our platform provides tools 🔨 and resources 📚 that facilitate transparent 🔍 & collaborative 🤝🏼 ideation, development and execution of impactful 💕 economic development projects.

Our Story

  • 2017

Congress passes Tax Cuts and Jobs Act designating Opportunity Zones which changed economic development by offering a big tax break for investing in economically distressed communities.

2017
Early 2018

  • Early 2018

Our co-founder Peter is part of Cuyahoga County’s effort to nominate communities as Opportunity Zones to the Governor of Ohio.

He witnesses first hand the barriers in knowledge, capacity and networks communities had to overcome to develop projects.

  • Early 2019

Leo joins forces with Peter to co-found The Opportunity Exchange as an Opportunity Zone marketplace.

Early 2019
End of 2019

  • End of 2019

Community Partners in 9 states are using The Opportunity Exchange to manage their opportunity zone projects.

  • August 2020

The Opportunity Exchange relaunches as an economic development platform, officially expanding beyond just Opportunity Zones.

August 2020
Our Future

  • Our Future

Thanks to our close relationship with our community partners, we understand well the barriers in economic development and are building towards a new future of solving those barriers with technology.

Our Network is Nationwide

Projects in 31 states and counting.

We are a proud partner of 12 communities across the nation.

Louisiana Economic Development

Louisiana Economic Development

Minnesota Opportunity Collaborative

Minnesota Opportunity Collaborative

 Opportunity Virginia

Opportunity Virginia

Invest Atlanta

Invest Atlanta

Upstate NY Investment Opportunities

Upstate NY Investment Opportunities

St. Louis Community Investment Connector

St. Louis Community Investment Connector

Opportunity Appalachia

Opportunity Appalachia

Rural Opportunity Zone Initiative

Rural Opportunity Zone Initiative

Montana Investment Portal

Montana Investment Portal

Adams County

Adams County

Detroit Opportunity Zones

Detroit Opportunity Zones

Our Values

Build Trust Through Transparency:

We strive to build a trusting, equitable and supportive relationship between us and our partners that fosters professional and personal growth for both. We aim to be transparent in our motives so our partners can hold us accountable to our vision.

Promote Diverse Thought and Experiences:

We believe that diversity in thought, background, and experience are required to advance these goals. We strive to promote this value through how we identify new teammates, how we support each other as a team, and how we identify partners we work with.

Transform Community & Economic Development:

We believe in the need to think creatively about how to build more equitable and inclusive economies. By building technology and software that directly empowers community organizers, leaders, developers, business owners, and community residents, we increase agency around community & economic development within communities. We ultimately want our tools to strengthen and support equitable and inclusive economic growth.

Our Team

Peter Truog Co-Founder
After working in management consulting, Peter moved to Northeast Ohio to work in community and economic development, and later launched The Opportunity Exchange. He has contributed to the US Impact Investing Alliance's OZ Impact Reporting Framework, co-authored a paper on green energy in Opportunity Zones, and written for the Brookings institution. Peter holds a Bachelor's of Arts from Harvard University.
Leopoldo Peña Co-Founder
Leo’s previous experience has been centered around GovTech — most recently focused on expanding access to voting. He helped launch a mobile voting platform designed to securely cast votes in elections across the globe, allowing members of the US military to participate in general and midterm elections while serving abroad. Currently in Cleveland, Ohio, Leo holds a Bachelor’s of Science from Cornell University and is an alumnus of the Venture for America Fellowship.
Ayat Amin Marketing and Customer Success Lead
Ayat graduated from the University of California-San Diego with a B.S. in Physics, and then worked as a Data Scientist at an A.I start-up founded by the former chief administrator of NASA. She holds a MicroMasters from MIT in Data, Economics and Development Policy. She is a 2019 Venture for America fellow who returned to her midwest roots by living in Cleveland.
Chukwuebuka Jr. Kemdirim Software Enginer
Chukwuebuka Jr., better known as CJ, is The Opportunity Exchange's first full time software engineer. CJ graduate with a B.S. in Aeronautical and Astronautical Engineering. Previously CJ worked an aerospace engineer who worked at the Gemini Observatory in Hawaii and Rockwell Collins. CJ joined Venture for America as a 2019 fellow who made his way to Cleveland.
Kelli Webber UI/UX Designer
Kelli Webber is multi-disciplinary team member whose skills and interests intersect Art, Computer Science, Sustainability and Entrepreneurship. She graduated from the University of Maryland with a B.S. in Computer Science. In the past, Kelli has pursued many artistic projects including writing her own web comic. Kelli is a 2020 Venture for America fellow.

For Economic Development & Multiple Roles Organizations

Mix and match these products to meet your needs.

Use The Opportunity Exchange (T.O.E.) Introduce tool to:

  • Quickly create marketable community profiles
  • Manage multiple profiles for neighborhoods, cities, counties and OZs
  • Update and share profiles in an easy-to-access digital format
  • Deploy and analyze surveys to understand community needs

Use The Opportunity Exchange (T.O.E.) Connect tool to:

  • Curate and market a portfolio of compelling projects
  • Maintain a pipeline of local projects
  • Connect with a national network project stakeholders
  • Free integration with The Governance Project's GroundUp model to create project financial projections
  • Free integration with Urban Institute’s Impact Scorecard to track impact of projects

Use The Opportunity Exchange (T.O.E.) Loan tool to:

  • Easily manage intake of hundreds of loan and grant applications
  • Automatically determine application eligibility
  • Quick scoring of application as it aligns with organizational goals
  • Dashboard for tracking distribution of funding for better internal communication

Use GroundUp to:
Built by The Governance Project and funded by MasterCard’s Center for Inclusive Growth.Integrated into The Opportunity Exchange.

  • Easily generate key financial projections to present to investors
  • Get guidance on creating pro formas specific to OZs
  • Free for anyone to use

Use the Community Impact Assessment Tool to:
Built by the Urban Institute. Integrated into The Opportunity Exchange.

  • Score projects across seven impact areas
  • Align your project with community needs
  • Get feedback on areas to improve on for delivering impact
  • Highlight your impact when marketing a project
  • Offered free as an integration into The Opportunity Exchange

For Investors

Connect nationally with projects with T.O.E. Connect

Use The Opportunity Exchange (T.O.E.) Connect tool to:

  • Connect with 560 projects across the nation in minutes
  • Use our Best Practice resources to refine a project profile that compels connection
  • Allow community organizations to send you their projects based on your investment criteria
  • Connect to projects for free since we are not a broker-dealer

For Project Sponsors

Three tools integrated into a robust platform.

Use The Opportunity Exchange (T.O.E.) Connect tool to:

  • List your project in a marketplace which includes over 2460 investors
  • Use our Best Practice resources to refine a project profile that compels connection
  • Connect with Economic Development Organizations to better align your project to the community
  • Benefit from marketing for your project from The Opportunity Exchange and our Community Partners

Use the Community Impact Assessment Tool to:
Built by the Urban Institute. Integrated into The Opportunity Exchange.

  • Score projects across seven impact areas
  • Align your project with community needs
  • Get feedback on areas to improve on for delivering impact
  • Highlight your impact when marketing a project
  • Offered free as an integration into The Opportunity Exchange

Use GroundUp to:
Built by The Governance Project and funded by MasterCard’s Center for Inclusive Growth.Integrated into The Opportunity Exchange.

  • Easily generate key financial projections to present to investors
  • Get guidance on creating pro formas specific to OZs
  • Free for anyone to use

What People Say

Frequently Asked Questions

Getting to Know Opportunity Zones

An Opportunity Zone is an economically distressed community which needs funds to revitalize its businesses and its infrastructure. Investors who invest into an Opportunity Zone are entitled to capital gains tax incentives, which means you can keep a couple more bucks in your wallet while doing some good for the community.

Opportunity Zones were added to the tax code by the Tax Cuts and Jobs Act on December 22, 2017.

Investors who invest in Opportunity Zones can defer capital gains taxes until 2026 by rolling their gains directly over into an Opportunity Fund. The deferred capital gains liability is reduced by up to 15% if the investment is held for 7 years. Capital gains on investments made through an Opportunity Fund accrue tax-free provided the investor stays invested in the fund for over 10 years.

Nope! The tax benefits apply even if you do not live or work in an Opportunity Zone. To take advantage of them, you simply have to invest in a Qualified Opportunity Fund and choose to defer the tax on those gains.

Getting to Know The Opportunity Exchange

The mission of the Opportunity Exchange is simple: we want to make Opportunity Zone investing as straightforward, collaborative, and impact-driven as possible. Our platform is a marketplace designed to bring together the three actors in the Opportunity Zone space: project sponsors, investors, and community/economic developers. Our extensive toolkit of Opportunity Zone resources and our devoted Opportunity Zone partners will help bring your project exposure from the right investors at a local, regional, and national level.

We believe that when opportunity knocks, you should answer it. The Opportunity Exchange helps bring the right people to your doorstep to make the Opportunity Zone investing process as smooth and stress-free as possible.

The platform is currently free for individual investors seeking to connect with Opportunity Zone projects, and for individual developers, business owners, or land owners with projects in an Opportunity Zone.

Paid licenses for community or economic developers seeking to showcase a portfolio of projects from across their community are based on the volume of projects listed. 

Our community partners help identify and validate projects in their areas, so you can rest assured that listings are trustworthy and up-to-date.

We've put together a comprehensive list of Opportunity Zone resources that give you access to help when you need it. If those aren't cutting it, we have a friendly Customer Support Team available seven days a week to help answer your questions about our platform. We offer support via phone and email.