Press Releases

Caryn Capriccioso, MNM
interSector Partners, L3C
caryn@interSectorL3C.com
303.596.7112


FOR IMMEDIATE RELEASE

THIRD SOCIAL VENTURE COHORT SELECTED

DENVER METRO, January 4, 2016—After a rigorous pre-qualification and application process overseen by an esteemed group of Colorado nonprofit and social enterprise leaders, the 2016 Social Enterprise Cohort is seated and soon will start building businesses to create jobs for their community and sustainable revenue streams to support their missions.

The Colorado Nonprofit Social Enterprise Exchange (The Exchange)—a project of Longmont-based interSector Partners, L3C and Denver-based JVoyles Nonprofit Consulting—is pleased to announce its third Social Enterprise Cohort. Participating organizations include: Arc of Aurora, The Crisis Center, Colorado Youth Matter and Work Options for Women. This diverse, dynamic and innovative group of nonprofits will participate in a two year process to conceive of, develop and launch new social ventures.

Based on traditional accelerator/incubator models, in this peer learning environment nonprofits will develop business ideas over the course of nine months beginning January 14th. Each month will focus on a new business development topic such as market research, financing a business, understanding the customer and writing business plans. The first year culminates with nonprofits pitching their new businesses for funding, and a second year of services includes launch and implementation support. Think Tech Stars or Unreasonable Institute, but designed specifically for nonprofits – the original social entrepreneurs!

“Following the success of our first two cohorts that have raised over $1.5M toward their startup costs and created 21 new jobs in our community to-date, The Exchange team is excited to leverage our evaluation findings to support a new group of nonprofits as they explore and develop their social ventures,” said Rick Zwetsch, Exchange partner. “We are proud to see a true community ecosystem developing in support of nonprofits and social enterprise—when funders, businesses and the nonprofit community come together, this is what’s possible.”

The Exchange is made possible by generous funding from the Third Generation of Hunt Alternatives, Rose Community Foundation, The Denver Foundation, The Piton Foundation, Jay and Rose Phillips Family Foundation of Colorado, The Bright Mountain Foundation and The Anschutz Family Foundation, as well as local sponsors such as Vectra Bank Colorado and Emily Davis Consulting.

For photos and/or to interview Exchange participants, funders or founders, attend our kick-off meeting on January 14th or to connect with cohort graduates as they launch their new businesses, please contact Caryn Capriccioso at 303.596.7112. To learn more about The Exchange, its funding, participating nonprofits or partners, visit www.sustainablenonoprofits.org or contact us by phone.

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Horizontal RuleCaryn Capriccioso, MNM
caryn@interSectorL3C.com
303.596.7112

FOR IMMEDIATE RELEASE

NINE FRONT RANGE NONPROFITS TO PITCH AND LAUNCH NEW
SOCIAL ENTERPRISES

DENVER, Colorado, August 31, 2015—Following a rigorous nine-month business development accelerator process, nine area nonprofits are ready to pitch and launch their new social ventures. Graduation for the second class of The Colorado Nonprofit Social Enterprise Exchange is on Wednesday, September 2, 2015 from 1—4 p.m. at Mile High United Way (711 Park Avenue West, Denver) where the class will share their plans for raising capital, launching and running their businesses.

The Colorado Nonprofit Social Enterprise Exchange (The Exchange)—a project of interSector Partners, L3C and JVoyles Nonprofit Consulting—is pleased to share that all nine organizations participating in 2015 Social Enterprise Cohort will graduate with businesses well into development. Participating organizations include: cityWILD, Colorado Health Network, Colorado Cross-Disability Coalition, Denver Shared Spaces, Denver Urban Ministries, FRIENDS of Broomfield, GLBT Community Center of Colorado, Planned Parenthood of the Rocky Mountains and Scholars Unlimited.

The businesses being launched are as diverse as the nonprofits themselves and include:

  • A legal services clinic to meet the estate and guardianship needs of people with disabilities
  • An urban market providing healthy food options, fresh produce and a community gathering place in a Denver food desert
  • A coding camp/school to train youth to meet the significant market demand for developer and programmer-specific job openings (avg. salaries of $83,000)
  • An education and consulting company to help employers meet the needs of their gay, lesbian, bisexual and transgender employees while improving their business bottom line
  • An education and consulting company to help employers meet the needs of their gay, lesbian, bisexual and transgender employees while improving their business bottom line

“We are excited by the businesses created by the nonprofits in our second cohort; each of which leverages the existing assets and core competencies of the nonprofits while meeting an identified market need,” says program co-founder Rick Zwetsch. “These innovators are finding better ways to build sustainable nonprofits while creating jobs in the communities they serve. They dedicated an incredible amount of time to developing their new social enterprises, and we’re eager to help them show off their progress at graduation.”

Joining the nonprofits at graduation will be funders and partners of The Exchange including the Third Generation of the Hunt Alternatives Fund, Rose Community Foundation, The Denver Foundation, The Bright Mountain Foundation, Vectra Bank Colorado and Gary Community Investments/The Piton Foundation. Area impact investors, community enterprise funders, foundations and nonprofit leaders will also be on hand to hear the pitches and consider investing in the new social enterprises.

For a schedule of graduation presentations, photos and/or to interview Exchange participants, funders or founders during the September 2nd graduation, please contact Caryn Capriccioso at 303.596.7112. To learn more about The Exchange, its funding, participating nonprofits or partners, visit www.sustainablenonprofits.org or contact us by phone or email: caryn@interSectorL3C.com

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Horizontal RuleCaryn Capriccioso, MNM
caryn@interSectorL3C.com
303.596.7112

 

FOR IMMEDIATE RELEASE

NOW ACCEPTING APPLICATIONS FOR THE
2016 COLORADO NONPROFIT SOCIAL ENTERPRISE EXCHANGE COHORT

Longmont, CO, June 22, 2015—Nonprofits have engaged in social enterprise for decades, yet they often do so by the seat of their pants without holistic programs and supports to explore, develop and launch social ventures. True to our entrepreneurial, startup roots, Colorado once again is leading the way for nonprofit social ventures with just such a program.

The Colorado Nonprofit Social Enterprise Exchange (The Exchange)—a project of interSector Partners, L3C and JVoyles Nonprofit Consulting—is accepting applications for Front Range nonprofits to be part of its third Social Enterprise Exchange Cohort. Within a peer networking and learning environment, nonprofits will develop social enterprises over the course of nine months starting in January 2016. Each month will focus on a different business development topic such as social enterprise readiness and ideation, engaging stakeholders in the process, feasibility studies and market research, and writing and pitching a business plan. The first year culminates with nonprofits pitching their new businesses for support and funding, and a second year of services includes launch and implementation support. Think Tech Stars or Unreasonable Institute, but designed specifically for nonprofits – the original social entrepreneurs!

In the inaugural cohort, eight nonprofits designed and developed new business focused on jobs for low-income and hard to employ community members (like Art Restart and Strong, Smart and Bold Beans), recycling, child safety (the Children’s Hospitals of Colorado Safety Store), and even a luxury camping business designed to introduce and educate people to the wonder and value of Colorado’s prairie. In 2015, nine nonprofits followed the inaugural cohort’s path by joining the second Social Enterprise Cohort, now at the halfway point of developing their new social ventures. Motivations for considering social enterprise include loss of government and other funding, a desire to build more sustainable nonprofits, the chance to direct more funding toward mission-focused activities and the opportunity to employ clients.

Through the support of generous funding from the Third Generation of Hunt Alternatives, The Denver Foundation, Rose Community Foundation, The Piton Foundation, The Jay and Rose Phillips Foundation of Colorado, Bright Mountain Foundation and local community sponsors such as Vectra Bank and Emily Davis Consulting, The Exchange is offered to nonprofits at a significantly subsidized rate of $8,000 per organization including the core curriculum and a year of launch and implementation support.

Applications will be accepted through August 14, 2015. To learn more about The Exchange, its funding, partners or to apply for the program, visit http://sustainablenonprofits.org/social-enterprise-cohort/ or contact us by phone. High resolution images from the inaugural and 2015 cohorts, as well as additional information about the businesses launched are available upon request.

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Horizontal RuleCaryn Capriccioso, MNM
interSector Partners, L3C
caryn@interSectorL3C.com
303.596.7112

FOR IMMEDIATE RELEASE

ANNOUNCING THE 2015 NONPROFIT SOCIAL ENTERPRISE COHORT

 

DENVER METRO, October 23, 2014—After a rigorous pre-qualification and application process overseen by an esteemed group of Colorado nonprofit and social enterprise leaders, the 2015 The Colorado Nonprofit Social Enterprise Exchange is seated and soon will start building businesses that will create jobs for their community and sustainable revenue streams to support their missions.

The Colorado Nonprofit Social Enterprise Exchange (The Exchange)—a project of interSector Partners, L3C and JVoyles Nonprofit Consulting—is pleased to announce its second Social Enterprise Cohort. Participating organizations include: cityWILD, Colorado Cross-Disability Coalition, Colorado Health Network, Denver Shared Spaces/Urban Land Conservancy, Denver Urban Ministries, FRIENDS of Broomfield, The GLBT Community Center, Planned Parenthood of the Rocky Mountains and Summer Scholars. This diverse, dynamic and innovative group of nonprofits will participate in a two year process to conceive of, develop and launch new social ventures.

Within a peer networking and learning environment, nonprofits will develop business ideas over the course of nine months beginning in January. Each month will focus on a different business development topic such as market research, financing a business, understanding the customer and writing business plans. The first year culminates with nonprofits pitching their new businesses for funding, and a second year of services includes launch and implementation support. Think Tech Stars or Unreasonable Institute, but designed specifically for nonprofits – the original social entrepreneurs!

“Following the success of our inaugural cohort that graduated earlier this year, The Exchange team is excited to leverage our evaluation findings and lessons-learned to support a new group of nonprofits as they explore and develop new social ventures,” said Rick Zwetsch, Exchange partner. “We are proud to see a true community ecosystem developing in support of nonprofits and social enterprise—when funders, businesses and the nonprofit community come together, this is what’s possible.”

Supported with generous funding from the Third Generation of Hunt Alternatives, Rose Community Foundation, The Denver Foundation, The Bright Mountain Foundation and The Anschutz Foundation, The Exchange Cohort is offered at a reduced rate of $7,500 for participating nonprofits.

For photos and/or to interview Exchange participants, funders or founders or to connect with inaugural cohort graduates as they launch their new businesses, please contact Caryn Capriccioso at 303.596.7112. To learn more about The Exchange, its funding, participating nonprofits or partners, visit www.sustainablenonprofits.org or contact us by phone.

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Caryn Capriccioso, MNM
interSector Partners, L3C
caryn@interSectorL3C.com
303.596.7112

FOR IMMEDIATE RELEASE

EIGHT FRONT RANGE NONPROFITS TO PITCH AND LAUNCH NEW SOCIAL ENTERPRISES

DENVER METRO, March 31, 2014—Following a rigorous eight-month business development process in a peer learning environment, eight area nonprofits are ready to pitch and launch their new social ventures. Graduation for the first class of The Colorado Nonprofit Social Enterprise Exchange is on April 9, 2014 from 1—5 p.m. at Mi Casa Resource Center (360 Acoma Street, Denver) where the class will share their plans for raising capital, launching and running their businesses.

The Colorado Nonprofit Social Enterprise Exchange (The Exchange)—a project of interSector Partners, L3C and JVoyles Nonprofit Consulting—is pleased to share that all eight organizations participating in first Social Enterprise Cohort will graduate with businesses well into development. Participating organizations include: Care and Share Food Bank, Children’s Health Advocacy Institute at Children’s Hospital Colorado, Colorado Youth for a Change, Denver Children’s Advocacy Center, Girls Inc., Plains Conservation Center, The Gathering Place and Youth on Record (formerly flobots.org).

The businesses being launched are as diverse as the nonprofits themselves and include:

  • A zero-impact Grassland EcoResort where visitors help to restore one of the world’s most endangered Ecosystems
  • Children’s party business where kids and their friends learn the ins and outs of recording from area musicians and disadvantaged youth working for the business
  • High-end reproductions of original art created by women who are homeless and marketed as corporate greeting cards for businesses wishing to demonstrate their community responsibility
  • Trauma-informed training curriculum for teachers, schools, law enforcement and others working with children who have experienced abuse and neglect

“We could not be more proud and excited by the businesses created by the nonprofits in our first cohort,” says program co-founder Rick Zwetsch. “These are our innovators, our risk-takers, our community nonprofits that believe there are better ways to build a sustainable nonprofit while creating jobs for low-income members of our communities. They dedicated an incredible amount of time to developing their new social enterprises, and we’re eager to help them show off their progress at graduation.”

Joining the nonprofits at graduation will be funders and partners of The Exchange including the Third Generation of the Hunt Alternatives Fund, Rose Community Foundation, The Denver Foundation, The Bright Mountain Foundation, Longmont Community Foundation, Vectra Bank Colorado and Syntrinsic Investment Counsel. Area impact investors, community enterprise funders, foundations and nonprofit leaders will also be on hand to hear the pitches and consider investing in the new social enterprises.

For a schedule of graduation presentations, photos and/or to interview Exchange participants, funders or founders during the April 9th graduation, please contact Caryn Capriccioso at 303.596.7112. To learn more about The Exchange, its funding, participating nonprofits or partners, visit http://www.interSectorL3C.com/exchange.html or contact us by phone or email: caryn@interSectorL3C.com

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