Colorado Enterprise Fund Named as CO Impact Days and Initiative Social Venture Finalist
One of 100 to Participate in Second Annual Marketplace for Impact Investing
Denver, November 10, 2017 – CO Impact Days and Initiative announced the top 100 social ventures that have been invited to meet face to face with investors in order to seek millions of dollars of “impact investments” at CO Impact Days Social Venture Showcase on November 17, 2017. Colorado Enterprise Fund (CEF) was selected out of 150 applicants in a competitive process with more than 138 judges from around the United States.
The 100 ventures will convene on November 17 at the Ellie Caulkins Opera House at the Denver Performing Arts Complex for the second year of this innovative, exciting, “shark-tank for good” statewide marketplace for impact investing. The chosen social ventures will have the opportunity to showcase their investment opportunities to offer not only a financial return on the impact investor's investment, but also to offer solutions to some of the most pressing issues of our time.
“We are so thrilled to again invite more than 200 investors and philanthropists to interact with these valuable social ventures. When these two groups of powerful move-makers share a room, there is no telling the good that will come. We’ve aimed to offer a diverse array of impact investments, with a goal that every investor attendee will leave knowing that deal flow is not a Colorado impact investing problem,” said Dr. Stephanie Gripne, Founder of the Impact Finance Center and creator of CO Impact Days and Initiative. “We’re excited to continue this effort and see even more fruitful collisions at this year’s marketplace.”
The goal of CO Impact Initiative is to catalyze $100 million in impact investments into Colorado social ventures in the next three years, and it is kicking off with CO Impact Days on November 15-17. CO Impact Days encourages a new breed of impact investors and community members to Learn. Connect. Invest.
“We are thrilled to be chosen for the second consecutive year, and to have the opportunity to prove our viability, showcase our importance to this community, and share our track record of providing a great return on their investment,” says CEF President and CEO Ceyl Prinster. “Funding from these impact investors will enable us to serve more Colorado businesses, which in turn will ultimately advance economic opportunity and prosperity in our Colorado communities.”
CO Impact Days’ innovation is uniquely possible because Colorado is home to a number of national leaders in impact investing and a thriving and collaborative community of social venture entrepreneurs in both the for-profit and nonprofit sectors, plus philanthropists and investors who are committed to growing Colorado’s economy and creating good jobs while ensuring our state remains one of the best places to work, live and play in the U.S.
# # #
About CO Impact Days and Initiative
CO Impact Days is in the second year of its trail blazing effort to create a statewide marketplace for impact investing; identifying, connecting, and celebrating Colorado's top social ventures and impact investors from the Western Slope to the Front Range. CO Impact Days’ brings together Colorado’s top 100 social ventures, 200 impact investors, and 500+ community members to Learn. Connect. Invest. For more information or tickets, visit www.coimpactdays.org or contact Kristin Giant at firstname.lastname@example.org.
CO Impact Initiative, created by the Impact Finance Center and led by Dr. Stephanie Gripne is a 3-year strategy to elevate and accelerate impact investing in Colorado, catalyzing the flow of $100 million in investment capital into Colorado social ventures that deliver positive impact on the state’s communities, economy and natural environment.
About Colorado Enterprise Fund
Founded in 1976, Colorado Enterprise Fund (CEF) provides loans up to $500,000 to finance small businesses and startups unable to obtain funding through traditional banks. With a mission to accelerate community prosperity by financing and supporting entrepreneurs and small businesses, CEF has provided over $64 million in loans to more than 2,000 businesses to help create or retain over 17,000 jobs in the state. A nonprofit Community Development Financial Institution (CDFI), CEF is based in Denver with a satellite office in Fort Collins. CEF’s lending and consulting services are available statewide. For more information, visit: www.coloradoenterprisefund.org