Q3
2017
ISSUE
No. 3
investing in impact 

highlighting our impact in rural colorado

U.S. Representative Scott Tipton (center) is pictured with (L to R): Costilla County Commissioner Lawrence Pacheco, Fort Market owners Gerald and Emerald Tamada, and CEF staff members Anne Misak, Alan Ramirez and Marcia Johnston-Walden at Fort Market in Fort Garland, Costilla County, Colorado.
On Thursday, August 3, Congressman Scott Tipton visited Fort Market, the largest grocery store in Costilla County, to meet CEF borrowers, Gerald and Emerald Tamada, and learn more about the Healthy Food Financing Initiative (HFFI). This Federal funding program enables lenders like Colorado Enterprise Fund (CEF) to better support food businesses through its Healthy Foods Fund loan program, created in 2013 by CEF to improve access to fresh healthy foods, support local businesses, create jobs and revitalize poor, underserved communities like Fort Garland.

Mr. Tipton spent an hour with the Tamadas, county officials and CEF staff to see how HFFI financing through CEF and Colorado Fresh Food Financing Fund (CO4F) helped  the owners keep their doors open. Click here to read more about the Tamadas' success and look here for more pictures from Tipton's tour of Fort Market. Thank you, Congressman, for your time!

celebrating our success in south metro

Cranelli's owners and event hosts Lasinda and Jimmy Crane entertain guests with their personal success story at August 2 event. Pictured on right are Alan Ramirez-CEF Director of Lending, Marcia McGilley-Aurora/South Metro Denver SBDC Executive Director, Joshua Vigil - SBA Colorado Deputy District Director, and Leigh Taylor-CEF Board Member.
CEF celebrated lending over $11 million to South Metro Denver small businesses in Arapahoe, Douglas and Jefferson counties at its annual borrower appreciation event on August 2. Hosted by CEF borrower Cranelli's in Lone Tree, this year's event included speakers from CEF, the SBA Colorado  District Office the Aurora-South  Metro Denver Small Business Development Center plus three  CEF borrowers - HC Trucking, Martinez Associates, and Cranelli's - who shared their personal stories about the impact of CEF's support . We thank our board members, banking partners and borrowers who came to celebrate small business success in Colorado.  Click  here  to see more photos and mark your calendars for our 2018 event on August 1 (borrower location TBA)!

borrower buzz | brazos builders | colorado springs

Leacia Brilliant-President
Sometimes life's journeys can bring you home. For Leacia Brilliant, owner of Brazos Builders, seeing the highs and lows of the construction industry through her dad's experience pushed her to pursue work elsewhere. She soon realized working for someone else had its limitations.
 
She returned to the construction industry and started a company with her dad where they could control their hours, their pay and their projects. By positioning the firm as both a traditional general contractor and subcontractor specializing in finish work, she and her dad were able to navigate the boom/bust nature of Colorado's building sector.

Click  here  to see how Leacia boldly built her small business with help from CEF and its in-house team of consultants.

new face at cef

As CEF expands to meet demand for continued development of small businesses and their local communities in Colorado, we welcome a new member to our leadership team whose expertise will help ensure we are investing strategically and managing our funds successfully to achieve the greatest impact for our borrowers, our partners and our state.

Meet our new Director of Finance and Administration-Simon Fox

Simon joined CEF on July 5 after serving as Deputy Director of the Business Funding and Incentives Division at the State of Colorado Office of Economic Development and International Trade. Simon also brings financial and operational experience from positions he held in the nonprofit and private sectors. At CEF, Simon oversees the financial health of the organization including accounting, compliance, human resources, IT and business advisory services. He also speaks several languages, and has lived and worked overseas. Simon can be reached at 720.473.4060 or simon@coloradoenterprisefund.org 

partner profile | xcel energy foundation
  
Colorado Enterprise Fund   (CEF) has partnered with Xcel Energy Foundation (Xcel) since 2012 when CEF received its first grant award of $10,000 to support its in-house Business Acceleration Services (BAS) program. CEF received another Xcel grant award in 2015 for $15,000 to continue support of its BAS program. In 2016, CEF was awarded a $25,000 grant from Xcel to support CEF's lending outreach and entrepreneurial development program for its small business borrowers across Colorado. For more details about our recent award, please read our media release here.

Xcel Energy is a major US electricity and natural gas company operating in eight Western and Midwestern states. The company is committed to providing cost-effective, clean, responsible energy delivered with the highest standards for safety, reliability and responsiveness. Xcel Energy supports communities in four focus areas: economic sustainability, education, environment, and arts and culture. In 2015, the Xcel Energy Foundation distributed nearly $3.8 million in grants to its focus areas, contributing a total of just under $14 million to its local communities. In Colorado, Xcel Energy's State Government Affairs Manager, Wes Parham, serves on CEF's Board of Directors.
 
We thank Xcel Energy Foundation for partnering with CEF to support small business growth and development in Colorado's rural and urban communities.

 
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