01
Measure
The Capital Mobility Index — an open annual benchmark of small-business access to capital across U.S. cities and states, governed by an independent methodology working group.
The Index
An independent nonprofit research institute
Capital crosses oceans.
It can't cross three miles.
Capital is the most mobile asset in history, yet it cannot cross three miles into the neighborhoods where America's small businesses operate. The Cyphr Impact Center exists to measure that failure, explain it, and close it.
The capital mobility gap
Capital
Available. Global. Mobile.
The capital
mobility gap
mobility gap
Ready businesses
Local. Waiting. Measurable.
What we do
Measure the gap. Explain it. Close it.
Three pillars, one mission: measurement, explanation, and applied practice, held apart by a firewall between what the Center publishes and what any funder does.
02
Explain
Research and open data on where capital is stuck, who is left out, and which interventions actually change the flow. Freely available to researchers, journalists, and civic leaders.
Research & Data
03
Close
Ecosystem Practice: directing resources and capacity-building to the places the Index ranks lowest — alongside CDFIs, local governments, and community lenders.
Ecosystem Practice
Flagship publication
The Capital
Mobility Index
An open annual benchmark of small-business access to capital across U.S. cities and states, with a fully public methodology and data free for researchers to use.
Rankings & data
Illustrative
Low
High
The firewall
Independence is a structural commitment, not a slogan.
The Center licenses data from Cyphr but does not answer to it. Findings run whether or not they flatter the platform.
The Center does
- Receive aggregate, anonymized data under a published license.
- Publish its full methodology, weights, and replication code.
- Release findings on its own authority, including unflattering ones.
- Disclose the Cyphr relationship plainly on every publication.
The Center never
- Access any customer record or personally identifiable information.
- Accept payment tied to a geography's Index placement, from anyone.
- Market or endorse Cyphr products.
- Grant Cyphr review or veto over findings before publication.
Stay informed
Get the Index and our research when it publishes.
A low-volume email for researchers, policymakers, journalists, and civic leaders. No marketing.