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January 2009
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In
This Issue
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News
From CEF
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Holiday
Wishes
CEF
Participates in Small Business Finance Forums
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Borrower
Success Story
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Mountain
Mama Leather Products
New
Online Application
CEF
is actively lending and you can apply online!
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Colorado Enterprise Fund Participates in Small
Business Finance Forums
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In partnership
with The Office of Governor Bill Ritter, The SBA and other resource
partners, CEF as participating in a series of six Small Business
Finance Forums held across the State and titled "Surviving Tough
Times - Small Business Finance Forums." The goal is
to help business owners deal with the economic downturn by
offering counseling, workshops and resources at key sites throughout
the State. The first two of these Finance Forums were held on
December 11th at Pueblo Community College and December 16th on the
Auraria Campus in Denver. Both events were well-attended and
received positive feedback from attendees. As a statewide lender,
CEF has been an active participant in the planning and implementation
of these events.
The
remaining four Forums will be held in the first quarter of 2009, with
the next one in January in Grand Junction. Additional events will
be held in Durango, Northern Colorado, and Colorado Springs, with
specific dates and locations to be announced soon.
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Mountain Mama Leather Products
Donna
Dyon Broad attended grade school with the daughter of the original
owner of Mountain Mama Leather Products and remembers her always
being busy working on some leather project whenever she came over to
the house. When Donna later saw Ms. Anderson selling her leather
products at a stock show she finally understood why she was always so
busy. In 2002, when Donna moved back to Idaho Springs with
her own family, she started working part-time for Ms. Anderson cutting
leather. She worked with her for five years, learning
the leather business. When Ms. Anderson decided to retire, Donna
and her husband Charles purchased the business, fulfilling a
lifelong connection of Donna's to the little business. The
business loan from Colorado Enterprise Fund helped Mountain Mama
Leather Products finance a bulk purchase of leather for the
company. Donna said, “I went through a little period of time
where I wasn’t getting a lot of new business and CEF stepped in to help
me get over that little slump.” The company has since picked up some
new business and is getting new orders weekly. Donna is thrilled
that they are able to employ five hard working, devoted employees, just
like her from years ago. Donna also enjoys having the ability to
give back to her community by donating her products to causes in town
for their fundraising activities. Ms. Anderson started this
tradition of giving and Donna and Charles proudly continue this
practice.
To
learn more about Mountain Mama Leather Products and to see the variety
of products they have to offer, visit their website at www.mtmamaleather.com.
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Colorado Enterprise Fund is
actively lending and our new online application makes it faster and
easier than ever to get a loan! Take a look at our
website and see for yourself our new steamlined process. Go
to www.coloradoenterprisefund.org
and click on "Loan Application" on the left side of the
homepage.
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Colorado Enterprise Fund
1888
Sherman Street, Suite 530
Denver,
CO 80203
Phone:
303-860-0242
Fax:
303-860-0409
Please
visit our website at www.coloradoenterprisefund.org.
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Colorado Enterprise Fund is a nonprofit community development
business loan fund. Our purpose is to foster economic opportunity
and create jobs through business ownership and expansion. CEF has
provided over 760 loans totaling over $14 million to Colorado
businesses that are not able to obtain adequate bank financing.
We support our borrowers with business counseling and technical
assistance to ensure loan repayment and business success.
CEF has been serving Colorado small businesses since 1976.
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