It Takes a Village — Lending and Its Role in Albuquerque’s Entrepreneurial Ecosystem

Olivia Aligned Contributions, Blog, Blog Featured, Business, Entrepreneurship

Photo Credit: Mission Asset Fund By Sara Keller, Vice President of Community Relations, Southwest Capital Bank When you hear the words “Entrepreneurial Ecosystem” or “Access to Capital” or “Gig Economy” what do you hear? Jargon. Fluff. Buzz. What do you think? Not where I live. What access? What about when you hear the words “small business”, “family-owned”, “side hustle”, “artist”, …

Closing the Gaps in the New Year

Olivia Aligned Contributions, Blog, Business, Connecting People and Places, Entrepreneurship, Racial Equity, Talent and Skill Development

When we embarked on this experiment in collective impact nearly five years ago we did not know where the path would lead. We knew Albuquerque was facing some of our toughest economic challenges. We knew there were no simple solutions. We knew that progress toward realizing our city’s full potential as a place to live, work and prosper — for …

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 …

Elspeth Kirkman, BIT

Three Behavioral Barriers To Accessing Capital

City Alive Capital and Financing, Connecting People and Places, Entrepreneurship, Finance, Policy Change

The Co-Op Capital Program is taking the behavioral sciences into account with the support of the Behavioural Insights Team, Bloomberg Philanthropies and What Works Cities. This year, Albuquerque’s Integration Initiative has been lucky to work on honing the Co-op Capital program to best serve its intent with the Behavioural Insights Team (BIT), a social purpose company based out of the …

Side shot of three women smiling in a meeting

14 Highlights from 2016

City Alive Aligned Contributions, Connecting People and Places

A year in review – 2016 2016 was a year for us to remember, and we haven’t come this far to simply come this far. We are in this for the long haul. This work of changing systems and the ways they support people is a long-term challenge, but it is well worth every ounce of effort. We are already …

Winners of the Mayor’s Prize for Entrepreneurship

Mayor’s Prize Awards $200K

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

The second annual Mayor’s Prize doles out big bucks to organizations creating a stronger entrepreneurial ecosystem in Albuquerque Four Albuquerque organizations won a total of $200,000 this month as part of the Mayor’s Prize for Entrepreneurship. The prize – funded by a partnership between the Albuquerque Community Foundation, the Ewing Marion Kauffman Foundation, and the City of Albuquerque – supports …

Community Development flyer

Co-Op Capital and the Fed

City Alive Business, Capital and Financing, Finance, Policy Change

Robin Brulé, Nusenda’s Senior Vice President of Community Relations and Assistant to the President shares Co-op Capital Concept at the fed’s regional symposium On Wednesday, June 15th, Nusenda Credit Union participated at the Community Development Financial Institution (CDFI) Regional Symposium hosted by the Federal Reserve Bank of St. Louis. This invitation-only symposium in Memphis Tennessee targeted CDFI practitioners across the …

Robin Brulé speaking at Investment Connection

Co-Op Capital Meets the Sharks

City Alive Capital and Financing, Co-Op Capital, Connecting People and Places, Finance

Nusenda presents success-driven case for co-op capital Late last month, Robin Brulé of Albuquerque’s Living Cities Integration Initiative, Frank Mirabal, Director of Collective Impact at the Mayor’s Office, and Jennifer Riordan, AVP of Community Relations at Wells Fargo Bank presented to 50+ investors at the Federal Reserve Bank of Kansas City’s Investment Connection event. The three Albuquerque Living Cities Integration …