First Impact

Joe Bonora had reached a stage in his career when it was time to think about his next steps, and he felt a pull toward doing something meaningful. “The things that make me feel good are those projects where you’re really having a positive impact on people and are involved in a community, as opposed to doing things purely for economic gain,” he says.

That mission drove to launch Tampa-based Catalyst Asset Management in July 2018. The certified B Corporation focuses on transformative market-rate development projects that make use of local and federal government economic development programs like New Markets Tax Credits “It’s a for-profit company that’s got a mandate to produce a public benefit for society,” says Bonora, 40. “For everything we do, there’s got to be components of it that are for the greater good of the community.”