First, Fix the Roof

Olivia Aligned Contributions, Blog, Business, Capital and Financing, Entrepreneurship

For many entrepreneurs of color, the first step to owning a business begins long before applying for a business loan. It begins with a roof repair. It begins with a new timing belt. It begins with finding reliable, affordable childcare. The barriers to business ownership for entrepreneurs of color are staggering—and overcoming these obstacles starts before incubators and seed funding—it …

Why Big Organizations Support Small

Olivia Aligned Contributions, Blog, Business, Capital and Financing, Entrepreneurship

Square, CNM, Nusenda are part of a new wave of entrepreneurial support To be successful, a startup needs to be profitable, marketable and scalable. It also needs to be attractive to qualified employees, pay competitively, have solid financial backing and access to liquid capital. Easy, right? The high cost and high risk of startup entrepreneurship is enough to discourage even …

Co-op capital header

What is Co-op Capital?

Thema Blog, Capital and Financing, Co-Op Capital, Racial Equity

By Sandra Ortsman | February 15, 2018 By Sandra Ortsman | February 15, 2018 By Sandra Ortsman | February 15, 2018 What is the goal of Co-op Capital when it comes to entrepreneurs? Co-op Capital expands access to affordable loans. Many promising entrepreneurs in Albuquerque face barrier after barrier in securing capital to start or expand their businesses. Co-op Capital …

Philanthropy’s Clear Role in Local Economic Development

Thema Aligned Contributions, Blog, Business, Capital and Financing, Entrepreneurship

By Kelli Cooper, Vice President, Albuquerque Community Foundation | November 21, 2017 By Kelli Cooper, Vice President, Albuquerque Community Foundation | November 21, 2017 By Kelli Cooper, Vice President, Albuquerque Community Foundation | November 21, 2017 Around this time three years ago we were at the Epicenter at Innovate ABQ for our first Mayor’s Prize for Entrepreneurship and I remember …

Alena and Andrew headshot(1)

From Harvard to Albuquerque: Steps Toward Equity and Inclusion

Thema Blog, Capital and Financing

By Elena Hoffnagle and Andrew Sugrue, graduate students at Harvard’s John F. Kennedy School of Government | November 7, 2017 By Elena Hoffnagle and Andrew Sugrue, graduate students at Harvard’s John F. Kennedy School of Government | November 7, 2017 By Elena Hoffnagle and Andrew Sugrue, graduate students at Harvard’s John F. Kennedy School of Government | November 7, 2017 …

Funding Timeline: Over $30 Million for homegrown jobs, racial & income equity

Thema Blog, Capital and Financing

By City Alive Staff |November 7, 2017 By City Alive Staff | November 7, 2017 By City Alive Staff | November 7, 2017 City Alive partners have been working toward a shared vision of job creation, economic mobility and racial equity since 2014. The goal of creating 10,000 new living-wage jobs in Albuquerque with a focus on income and racial …

Hakim Bellamy Reading Poem City Alive

The Story of City Alive

City Alive Aligned Contributions, Capital and Financing, Connecting People and Places, Entrepreneurship, Policy Change, Racial Equity, Talent and Skill Development, Technology Commercialization

City Alive, a name inspired by poet and entrepreneur Hakim Bellamy, represents growth in Albuquerque’s Integration Initiative; with an eye to the past, we are working toward a future with opportunity for all in Albuquerque who seek it. From when it was first spoken to a room of over a hundred volunteers who worked tirelessly to set our course to …

Robin Brulé speaking at HUD Secretary's Award ceremony

National Award Received by Albuquerque’s Integration Initiative

City Alive Aligned Contributions, Capital and Financing, Connecting People and Places, Entrepreneurship

On April 25, the U.S. Department of Housing and Urban Development (HUD) and the Council on Foundations (COF) announced that Nusenda Foundation and City Alive, Albuquerque’s Integration Initiative, were among 10 winners of the 2017 HUD Secretary’s Award for Public-Philanthropic Partnerships. This award is a huge honor, celebrating the power of partnership and exceptional organizations that are laying a strong …

Data Check-In: Here’s Where ABQ Stands

abqlcadmin Capital and Financing, Co-Op Capital, Connecting People and Places, Data, Entrepreneurship, Policy Change, Racial Equity, Talent and Skill Development, Technology Commercialization

Since 2013, Albuquerque’s Living Cities Integration Initiative has been working on creating more jobs and prosperity in Albuquerque, from the ground up. Here’s where Albuquerque stands. The Albuquerque Living Cities Integration Initiative is focused on collecting and reviewing three different types of data: long-term outcomes focused on wide-spread job creation and economic mobility, medium-term outcomes focused on growing businesses, and …