Diana Gadison saw a need and grew a foundation. It was right there in front of her where she worked as an elementary school principal in Denver's Montbello neighborhood.
She noticed many kids were waiting alone before and after school with nowhere to go. The lack of nearby childcare was a real concern so she and her mother set out to fix it. When money to finish renovating the property they had purchased ran out, Gadison came to CEF for a loan. For over 20 years, CEF has partnered with Early Success Academy to grow it into a statewide and national educational model through additional financing and hands-on business coaching.
Click here to read how Diana combined her passion for children and community to create a much-needed childcare service in NE Denver with help from CEF.
Welcome Borrowers: Each month, the business names of CEF's newest borrowers are posted on our blog so anyone visiting our website can contact you to learn more about your small business. If you haven't seen these lists, click here. Feel free to contact these businesses directly as part of your own B2B marketing strategy.
In the News: Kudos to the following borrowers who got media mentions since our last issue.
The award celebrates "content of character" and is given to individuals, corporations and non-profit organizations for exceptional community service and commitment to the values of Dr. Martin Luther King, Jr.
For more details on this prestigious Colorado award which we were honored to receive, please visit our News page here.
Chambers Place Redevelopment Project opens in Montbello
New store open in Montbello
In late December, CEF
announced its largest economic development and commercial real estate investment, the Chambers Place Redevelopment Project, which will be instrumental in helping reinvigorate the Northeast Denver neighborhood of Montbello.
CEF was the lead lender for the secondary financing of this $10.5 million commercial real estate project, working with two other non-profit funders and a bank lender to gather the funds needed.
The property is a shopping center originally anchored by a Safeway store which abandoned the area. CEF's leadership helped the anchor tenant, Save-A-Lot, open a grocery store that offers a variety of fresh and healthy foods to increase food access in Montbello and help preserve cultural diversity in a rapidly changing neighborhood. A fellow CEF borrower, Early Success Academy, is a tenant in the same shopping complex.
For more details on this historic project for CEF, please visit our News page here.