Hancock unveils small business funding sources

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Mayor Michael B. Hancock

Mayor Michael B. Hancock and the Denver Office of Economic Development) Executive Director Paul Washington today announced the release of the Denver Capital Matrix, a new resource directory of funding sources for Denver small businesses and entrepreneurs.

“We heard the business community loud and clear when they said they need increased access to capital,” said Mayor Michael B. Hancock. “By compiling these resources, the city is helping to raise awareness about the different types and providers of financing available and to ultimately help spur our start-up and small business growth.”

The Denver Capital Matrix is one piece of the Hancock Administration’s Peak Enterprise initiative, a business toolkit to help small businesses and local companies compete and succeed in Denver.

The matrix identifies more than 250 funding sources, including traditional bank lending, venture capital firms, private equity firms, angel investors, mezzanine sources and others that have funded Colorado businesses. The matrix provides contact information and categorizes the investment focus of each listed organization.

“During Denver Startup Week, we’re proud to launch this new resource to help foster a stronger environment for our small business community,” said OED Executive Director Paul Washington. “Small business provides the greatest opportunity for job creation today. Our matrix is designed to help promising businesses to expand and thrive in Denver and in return help Denver deliver a diverse economy.”

Data sources for the Denver Capital Matrix include the National Venture Capital Association, S&P Capital IQ and the Colorado Bankers Association.

The Denver Capital Matrix is available online at Grow Denver.

Have a story idea or real estate tip? Contact John Rebchook at JRCHOOK@gmail.com. InsideRealEstateNews.com is sponsored by Universal Lending, Land Title Guarantee and 8z Real Estate. To read more articles by John Rebchook, subscribe to the Colorado Real Estate Journal.

 

 

 

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John Rebchook

John Rebchook has more than 30 years of experience in writing and communications. As the Real Estate Editor for the Rocky Mountain News, he wrote about residential and commercial real estate for 26 years. He has won numerous awards for business stories and columns that he wrote, both as an individual and part of teams. In addition to real estate, he also covered economic development, banking and financing, the airlines, and cable TV for the Rocky. In addition, he was one of the original freelance writers for GlobeSt.com, covering commercial real estate for the Internet publication.

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