Colorado Enterprise Fund | Small Business Blog

 

Back to All Posts

Colorado Enterprise Fund Receives $2 Million Award from US Treasury Department's CDFI Fund


Denver, September 11, 2015Colorado Enterprise Fund (CEF) announced it received a $2 million award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund to support CEF’s small business lending and technical assistance programs.

 

The CDFI Fund awarded $202 million in grants and loans to 195 Community Development Financial Institutions (CDFIs) across the country through the latest rounds of the Community Development Financial Institutions Program (CDFI Program) and the Native American CDFI Assistance Program (NACA Program). 

 

CEF was one of four Colorado CDFIs to receive awards this year and received the maximum amount. The other recipients are Mile High Community Loan Fund ($2 million), Mercy Loan Fund ($1.4 million), and La Plata Homes Fund Inc ($125,000).

 

"We are honored to receive this significant award from the CDFI Fund," said Ceyl Prinster, President and CEO of Colorado Enterprise Fund. “This award will accelerate our ability to finance businesses that create jobs, enhance economic vitality and expand community prosperity, especially for those left behind by the improving economy.”

 

Certified as a CDFI in 1996, CEF received its first CDFI Fund award of $275,000 in 1997 to increase capital access for small business owners across Colorado. Since then, CEF has been awarded $9.1 million to date (including its recent $2 million award) to continue that work and to expand its focus toward development of healthy foods systems.

 

The CDFI Fund invests in and builds the capacity of community credit unions, banks, loan funds, and other financial institutions serving rural and urban communities across the nation that lack adequate access to affordable financial products and services. Through the first 20 rounds of this program, the CDFI Fund has awarded more than $1.5 billion, helping build a nationwide network of more than 950 CDFIs located in every state, all focused on economically empowering the communities they serve.

 

###

 

About the CDFI Fund

Since its creation in 1994, the CDFI Fund has awarded more than $2 billion to CDFIs, community development organizations, and financial institutions through the CDFI Program, the NACA Program, the Bank Enterprise Award Program, the Capital Magnet Fund, and the Financial Education and Counseling Pilot Program. In addition, the CDFI Fund has allocated $43.5 billion in tax credit allocation authority to Community Development Entities through the New Markets Tax Credit Program, and $525 million has been guaranteed in bonds through the CDFI Bond Guarantee Program. To learn more about the CDFI Fund and its programs, please visit: www.cdfifund.gov

Comments:Colorado Enterprise Fund Receives $2 Million Award from US Treasury Department's CDFI Fund
Post a Comment
 
 

Blog Archives

November 2017

Where to Find CEF - November 2017 - 11/01/2017

October 2017

We Salute Our Veteran-Owned Small Businesses as of 2017 - 10/30/2017
From the President's Desk - Fall 2017 Reflections - 10/24/2017
Welcome New and Returning Clients - As of September 30 2017 - 10/05/2017
Where to Find CEF - October 2017 - 10/02/2017

September 2017

We're hiring: Staff Accountant II (New!) - 09/25/2017
Welcome New and Returning Clients - As of August 31 2017 - 09/20/2017
Where to Find CEF - September 2017 - 09/01/2017

August 2017

Welcome New and Returning Clients - As of July 31 2017 - 08/10/2017
Where to Find CEF - August 2017 - 08/01/2017

July 2017

Where to Find CEF - July 2017 - 07/10/2017
Welcome New and Returning Clients - As of June 30 2017 - 07/06/2017

June 2017

We're hiring: Director of Development (New!) - 06/13/2017
We're hiring: Director of Finance and Administration - 06/07/2017
We're hiring: Commercial Loan Processor & Closer - 06/02/2017
Where to Find CEF - June 2017 - 06/01/2017
Welcome New and Returning Clients - As of May 31 2017 - 06/01/2017

May 2017

Welcome New and Returning Clients - As of April 30, 2017 - 05/12/2017
Free Workshop: Crafting Success - From Home Brews to Beer Biz - 05/05/2017
May 1 Refugee and Immigrant Small Business Tour in Aurora - 05/01/2017
2017 Colorado Small Business Week - CEF Activities at a Glance - 05/01/2017
Where to Find Colorado Enterprise Fund - May 2017 - 05/01/2017

April 2017

We're hiring: Special Assistant to the President and CEO/ Executive Office Coordinator - 04/27/2017
CEF Celebrates National Small Business Week 2017 with Free Workshop and SBA Colorado Community Lender of the Year Award - 04/13/2017
Welcome New and Returning Clients - As of March 31, 2017 - 04/07/2017
Where to Find Colorado Enterprise Fund - April 2017 - 04/03/2017

March 2017

FY 2018 Federal Budget Proposal Eliminates Key Resource for Economic Growth in Low-Income Colorado Communities - 03/28/2017
Welcome New and Returning Clients - As of February 28, 2017 - 03/06/2017
Where to find Colorado Enterprise Fund - March 2017 - 03/01/2017

February 2017

Diverse, Inclusive, Prosperous - 02/21/2017
Welcome New and Returning Clients - As of January 31, 2017 - 02/10/2017
Where to Find Colorado Enterprise Fund - February 2017 - 02/01/2017

January 2017

Welcome New and Returning Clients - As of December 31, 2016 - 01/05/2017
Where to Find Colorado Enterprise Fund - January 2017 - 01/03/2017

December 2016

Welcome New and Returning Clients - As of November 30, 2016 - 12/09/2016
Where to find Colorado Enterprise Fund - December 2016 - 12/01/2016

November 2016

Welcome New and Returning Clients - As of October 31, 2016 - 11/10/2016
Calvert Foundation launches 2016 Small Business Competition - 11/04/2016
Saluting Our Veteran-Owned Small Businesses for Their Service - 11/03/2016
Where to find Colorado Enterprise Fund - November 2016 - 11/01/2016

October 2016

Welcome New and Returning Clients - As of September 30, 2016 - 10/07/2016
Where to find Colorado Enterprise Fund - October 2016 - 10/03/2016

September 2016

Welcome New and Returning Clients - As of August 31, 2016 - 09/06/2016
Where to find Colorado Enterprise Fund - September 2016 - 09/01/2016

August 2016

Colorado Enterprise Fund is leaning in to help small business - 08/31/2016
Welcome New and Returning Clients - As of July 31, 2016 - 08/15/2016
Growth of online lending options for small business - healthy or harmful? - 08/12/2016
Where to find Colorado Enterprise Fund - August 2016 - 08/01/2016

July 2016

Welcome New and Returning Clients! As of June 30, 2016 - 07/22/2016
Where to find Colorado Enterprise Fund - July 2016 - 07/01/2016

June 2016

Welcome New and Returning Clients! As of May 31, 2016 - 06/06/2016
Where to find Colorado Enterprise Fund - June 2016 - 06/01/2016

May 2016

Welcome New and Returning Clients! As of April 30, 2016 - 05/12/2016
Where to find Colorado Enterprise Fund - May 2016 - 05/02/2016

April 2016

Welcome New and Returning Clients! As of March 31, 2016 - 04/14/2016
Start-Up Financing for the First-Time Entrepreneur - 04/12/2016
Where to find Colorado Enterprise Fund - April 2016 - 04/04/2016

March 2016

Welcome New and Returning Clients! As of February 29, 2016 - 03/07/2016
Where to find Colorado Enterprise Fund - March 2016 - 03/01/2016

February 2016

Colorado Enterprise Fund Named as CO Impact Days Social Venture Finalist - 02/26/2016
Borrower Buzz: A Touch of Bliss - 02/26/2016
Borrower Buzz: Emtek - 02/18/2016
We're hiring: Commercial Loan Processor and Closer - 02/18/2016
Borrower Buzz: Missy J's - 02/15/2016
Once upon a time - 02/12/2016
Welcome New and Returning Clients! As of January 31, 2016 - 02/08/2016
Borrower Buzz: True Vos - 02/08/2016
Colorado Enterprise Fund Creates Microloan Fund with City of Loveland - 02/04/2016
Where to find Colorado Enterprise Fund - February 2016 - 02/01/2016

January 2016

We're hiring: Small Business Consultant (bilingual) - 01/28/2016
Borrower Buzz: CandyGrind - 01/25/2016
Borrower Buzz: Icebox Knitting - 01/18/2016
Borrower Buzz: Dragonfly Apparel - 01/11/2016
Where to find Colorado Enterprise Fund - January 2016 - 01/07/2016
Welcome New and Returning Clients! As of December 31, 2015 - 01/05/2016

December 2015

Welcome New and Returning Clients! As of November 30, 2015 - 12/09/2015
Meet Colorado Enterprise Fund's New Board Members - 12/07/2015
Countdown to Colorado Gives Day - Tue Dec 8 - 12/02/2015
Where to find Colorado Enterprise Fund - December 2015 - 12/01/2015

November 2015

Goldman Sachs 10,000 Small Businesses Provides $3 million to Colorado Enterprise Fund - 11/18/2015
Welcome New and Returning Clients! As of October 31, 2015 - 11/13/2015
We Salute Our Veteran-Owned Small Businesses - 11/06/2015
Where to find Colorado Enterprise Fund - November 2015 - 11/02/2015

October 2015

Welcome New Clients! As of September 30, 2015 - 10/26/2015
Governor Hickenlooper Proclaims October 15 Colorado Enterprise Fund Day - 10/15/2015
Where to find Colorado Enterprise Fund - October 2015 - 10/01/2015
We're hiring: Senior Commercial Loan Officer and Commercial Loan Officer - 10/01/2015

September 2015

Colorado Enterprise Fund Receives $2 Million Award from US Treasury Department's CDFI Fund - 09/11/2015
Where to find Colorado Enterprise Fund - September 2015 - 09/04/2015
Welcome New and Returning Clients! As of August 31, 2015 - 09/04/2015

August 2015

Borrower Buzz: The Drake Law Firm - 08/19/2015
Welcome New and Returning Clients! As of July 31, 2015 - 08/10/2015
Where to find Colorado Enterprise Fund - August 2015 - 08/03/2015

July 2015

Colorado Enterprise Fund receives $15K grant from Xcel Energy to boost small business services - 07/30/2015
Longmont small businesses thriving thanks to Colorado Enterprise Fund loan program - 07/26/2015
Borrower Buzz: Advanced Traffic Services - 07/20/2015
Borrower Buzz: RollinGreens - 07/15/2015
Colorado Enterprise Fund Featured in CHFA Fresh Food Financing Fund Newsletter - 07/13/2015
Welcome New and Returning Clients! As of June 30, 2015 - 07/08/2015
Where to find Colorado Enterprise Fund - July 2015 - 07/01/2015

June 2015

Big impact on small business - 06/22/2015
Welcome New and Returning Clients! As of May 31, 2015 - 06/18/2015
Borrower Buzz: Jumpin Good Goat Dairy - 06/18/2015
See the big impact Colorado Enterprise Fund had on small business in 2014 (infographic) - 06/16/2015
Where to find Colorado Enterprise Fund - June 2015 - 06/01/2015

May 2015

Borrower Buzz: Knotty Tie Company - 05/28/2015
Welcome New and Returning Clients! As of April 30, 2015 - 05/13/2015
Where to find Colorado Enterprise Fund - May 2015 - 05/01/2015

April 2015

Prosperity for all - 04/30/2015
SBA Names Colorado Enterprise Fund Community/Rural Lender of the Year - 04/23/2015
Borrower Buzz: Thriving Systems Design - 04/19/2015
Welcome New and Returning Clients! As of March 31, 2015 - 04/16/2015
Colorado Enterprise Fund Hires Healthy Food Program Manager - 04/06/2015
Where to find Colorado Enterprise Fund - April 2015 - 04/01/2015

March 2015

Power in Numbers - 03/30/2015
Borrower Buzz: Atlantic International Trading - 03/26/2015
We're mentoring: Marketing and Communications Intern - 03/16/2015
Meet Our Business Acceleration Services (BAS) Consulting Team - 03/12/2015
Welcome New and Returning Clients! As of February 28, 2015 - 03/10/2015
Where to find Colorado Enterprise Fund - March 2015 - 03/02/2015

February 2015

Building Capacity - 02/26/2015
Welcome New and Returning Clients! As of January 31, 2015 - 02/20/2015
OFN and Goldman Sachs 10,000 Small Businesses Announce Finance Collaborative Participants - 02/19/2015
Colorado Enterprise Fund Borrowers Accepted into Goldman Sachs 10,000 Small Businesses National Training Program - 02/16/2015
Where to find Colorado Enterprise Fund - February 2015 - 02/02/2015

January 2015

Diversity in action - 01/29/2015
Borrower Buzz: Maria Empanada - 01/29/2015
Nick Massie of Colorado Enterprise Fund Chosen for Prestigious Citi Leadership Program for Opportunity Finance - 01/26/2015
Borrower Buzz: Blue Skies Massage & Wellness - 01/22/2015
Board member launches Kansas City BBQ competition at National Western Stock Show - 01/14/2015
Colorado Enterprise Fund Receives $30K Grant from The Denver Foundation - 01/12/2015
Welcome New Clients! As of December 31, 2014 - 01/07/2015
Where to find Colorado Enterprise Fund - January 2015 - 01/07/2015

December 2014

dream. believe. celebrate! - 12/18/2014
Success and prosperity for all - 12/18/2014
Borrower Buzz: Discovery Kids Child Care - 12/11/2014
Welcome New Clients! As of November 30, 2014 - 12/09/2014
Colorado Enterprise Fund Announces New Board Appointments - 12/04/2014
Where to find Colorado Enterprise Fund - December 2014 - 12/01/2014

November 2014

Borrower Buzz: Basket World & Supplies - Embracing Change to Succeed - 11/21/2014
Pay It Forward - 11/19/2014
Welcome New Clients! As of October 31, 2014 - 11/13/2014
Introducing Small Biz Builder - our new tool for borrowers - 11/10/2014
Saluting Veteran-Owned Small Businesses - 11/06/2014
Where to find Colorado Enterprise Fund - November 2014 - 11/03/2014

October 2014

Diversifying Our Impact - 10/31/2014
Small Biz Insider - Opportunity for All - 10/31/2014
Colorado Enterprise Fund is Hiring - Commercial Loan Processor/Closer - 10/21/2014
Colorado Enterprise Fund Clients Mondo Guerra and Let Em Have It Salon Featured in Westword's Top Denver Draws - 10/20/2014
Colorado Enterprise Fund CEO and other Top Company Award Winners Gather in Napa to Highlight Best Practices - 10/20/2014
Colorado Enterprise Fund's Black Shirt Brewing Company Shares Steps to Success in the Denver Post - 10/17/2014
Colorado Enterprise Fund Hosts Sold-Out Microbrewery Tour for 2014 OFN Conference - 10/14/2014
Hear Ceyl's interview for the 2014 OFN Board - 10/10/2014
Q&A with CEO Ceyl Prinster Before 2014 OFN Conference in Denver - 10/09/2014
Colorado Enterprise Fund Featured in Three Sessions at 2014 OFN Conference - 10/07/2014
Welcome New Clients! As of September 30, 2014 - 10/02/2014
Where to find Colorado Enterprise Fund - October 2014 - 10/01/2014
Borrower Buzz: Brown Water Coffee - Changing Lives a Cup at a Time - 10/01/2014

September 2014

Small Biz Insider - Coming Together - 09/30/2014
Our Collective Bounty - 09/26/2014
Borrower Buzz: Mondo Guerra - Creating Compassion through Fashion - 09/24/2014
Welcome New Clients! As of August 31, 2014 - 09/23/2014
Missed Colorado Enterprise Fund at an event? Catch us on a webinar. - 09/15/2014
Where to Find Colorado Enterprise Fund - September 2014 - 09/09/2014

August 2014

CEF Receives 2014 Top Company-Nonprofit Award from ColoradoBiz Magazine - 08/29/2014
It Takes a Community - 08/28/2014
Borrower Buzz: Cranelli's - Success is a Family Affair - 08/27/2014
Welcome New Clients! As of July 31, 2014 - 08/27/2014
CEF is Nonprofit Finalist - 08/12/2014
An Intern's Impressions of CEF - 08/07/2014

July 2014

Batting a 1000 - 07/30/2014
Welcome New Clients! As of June 30, 2014 - 07/30/2014
CEF is helping small businesses in Longmont, too! - 07/21/2014
Borrower Buzz: Let Em Have It Salon - Mentoring Success - 07/01/2014

June 2014

Borrower Buzz: RollinGreens - Comfort Food - 06/30/2014
Borrower Buzz: The Crunchy Grocer - Healthy Eating - 06/30/2014


Recent Comments

Diversity in action
MIchael Miera said: Ceyl, I appreciate your words on diversity.   [more]

Success and prosperity for all
Janie Barrera said: Congratulations on a great year!   [more]

Borrower Buzz: The Crunchy Grocer - Healthy Eating
Shahriar khan said: Great tips and very easy to understand. This will definitely be very useful for me when I get a chan ...   [more]

Borrower Buzz: The Crunchy Grocer - Healthy Eating
Alisa said: Here are some other websites with more info: http://livewellcolorado.org/healthy-living https://www. ...   [more]

Borrower Buzz: The Crunchy Grocer - Healthy Eating
Alisa said: Thanks Shahriar for your kind comments. The best source for healthy living content would be The Crun ...   [more]

Tag Cloud

client