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Colorado Enterprise Fund Named as CO Impact Days and Initiative Social Venture Finalist

02/26/2016

Denver, February 26, 2016CO Impact Days and Initiative announced the 60 social ventures that are 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 March 4, 2016. Colorado Enterprise Fund (CEF) was one of just 60 finalists chosen from more than 280 applicants.

 

The 60 ventures will convene on March 4 at the Ellie Caulkins Opera House at the Denver Performing Arts Complex for the first of its kind, statewide marketplace for impact investing.  The selected social ventures will showcase their ability to provide a return on the impact investor's investment while improving Colorado communities to more than 200 accredited investors.

 

“This is the first time in the U.S. that 200 accredited impact investors will come together for a statewide marketplace, where they can connect with each other, learn, and have intimate access to social ventures representing projects, for profits, nonprofits, and funds at any stage of growth,” said Dr. Stephanie Gripne, Founder of the Impact Finance Center and creator of CO Impact Days and Initiative. “This is a first for impact investors and social ventures.”

 

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 March 2-4. CO Impact Days encourages a new breed of impact investors and community members to learn, connect and invest.

 

“We are thrilled to be selected,” said CEF President and CEO Ceyl Prinster. “We have never had a chance to pitch this many high-level investors in such a focused event. We are excited to showcase our deep track record of community impact through our business lending, and to share how we provide investors with a high impact, low risk, moderate-return, fixed-income investment.”

 

Among the more than 200 accredited impact investors, foundations, and family offices participating in CO Impact Days and Initiative are Gary Community Investments, Colorado Health Foundation, The Denver Foundation and Innovest Portfolio Solutions, along with Linda Appel Lipsius, Andrew C. Currie, Rich Hoops, Jim and Melanie Davidson, and Jenn Vervier.

 

"Impact investing allows me to support both for profit and nonprofit social ventures using my experience as an agency president, skills as an entrepreneur, and resources from my success," says Melanie Davidson, President and COO of Fruition, a Denver based marketing agency. "Where else in the U.S. can I come to meet 200 other leading philanthropists and investors, learn from the best national and regional leaders in this space, and get the first look at Colorado’s top social ventures?"

 

The innovation of CO Impact Days 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.

 

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About CO Impact Days and Initiative

CO Impact Days is the first of its kind 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’ will to bring together Colorado’s top 60 social ventures, 200 impact investors, and 500+ community members to Learn. Connect. Invest.  For more information or tickets, visit www.coimpactdays.org or contact Molly at molly@coimpactdays.org.


CO Impact Initiative, created by the Impact Finance Center at the University of Denver and led by Dr. Stephanie Gripne and a steering committee of community leaders, 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 in1976, Colorado Enterprise Fund (CEF) provides loans up to $500,000 to finance small businesses and start-ups unable to secure funding through traditional banks. With a mission to accelerate community prosperity by financing and supporting entrepreneurs and small businesses, CEF has provided over $49 million in loans and business mentoring to over 1700 businesses to help create or retain over 14,500 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 programs are available statewide. For more information, visit: www.coloradoenterprisefund.org

 

 

 

For media inquiries, contact Citrus PR:

 

Valerie Hamlin
303.885.0539
bvkhamlin@msn.com

 

Kelly Nelson
303.909.5716
kelly.nelson@mac.com

 

 

 

For media inquiries, contact Citrus PR:

 

Valerie Hamlin
303.885.0539
bvkhamlin@msn.com

 

Kelly Nelson
303.909.5716
kelly.nelson@mac.com