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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.

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.

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.

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 29 states and counting. Click a state to see projects.

We are a proud partner of 13 communities across the nation.

Click a logo below to view projects of select community partners.

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.

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. Check out some of the articles below.

The information contained on this site has been included for general informational purposes only, and no person or entity should make any investment decision in reliance upon the information contained herein. The site and the information contained herein do not constitute an offer to sell, or the solicitation of any offer to buy, any securities, stocks, bonds, partnership interests, products, services or other materials. The Opportunity Exchange disclaims any duty or obligation either to update the information contained on this site or to maintain the availability of such information. Under no circumstances shall The Opportunity Exchange have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from or relating to any error (neglect or otherwise) or other circumstances involved in procuring, collecting, compiling, interpreting, analyzing, editing, transcribing, communicating or delivering any such information, or any direct, indirect, special, consequential or incidental damages whatsoever.